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RAK unveils new Int’l Corporate Centre

Ras Al Khaimah / WAM The Government of Ras Al Khaimah (RAK) unveiled the RAK International Corporate Centre (RAKICC), as its premium corporate registry jurisdiction for International Business Company (IBC), incorporation. The centre was formed following the merger of RAK International Companies and RAK Offshore, said a statement, which also detailed the appointment of Sheikh Ahmed bin Saqr Al Qasimi ...

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ADX recognises its innovative employees

Abu Dhabi / WAM As part of its policy recognizing research and innovation excellence, the Abu Dhabi Securities Exchange (ADX), honoured its distinguished employees for the year 2016 as part of the Annual Teslam Excellence Awards. “Honoring distinguished employees is part of a comprehensive system of achievement and innovation adopted by ADX to enhance productivity in a sustainable environment”, Rashed ...

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ADFD finances AED5.6bn projects in 2016

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD) continued to deliver an outstanding performance in 2016. Furthermore, the Fund managed 17 development projects valued at AED5.6 billion across seven beneficiary countries, dispensed AED3.9 billion in concessionary loans to support four projects and AED1.7 billion in government grants to finance 13 projects. Headlining a press conference at the ...

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