Recent Posts

UAE leaders congratulate Nepalese President on Democracy Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to the Nepalese President Ramchandra Paudel on the occasion of his country’s Democracy Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, ...

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Brazil expands agricultural ties with UAE

ABU DHABI / WAM A delegation from Brazil’s Ministry of Agriculture and Livestock (MAPA) is on a visit to the UAE to strengthen trade relations and showcase Brazil’s agribusiness potential. Led by Vice-Minister Irajá Rezende de Lacerda, the delegation includes Luís Renato de Alcântara Rua, Secretary of Commerce and International Relations of the Ministry; Carlos Goulart, Secretary of Agricultural Defence; ...

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ADEX grows nine-lender finance facility for BGN to more than $230m

DUBAI / WAM Abu Dhabi Exports Office (ADEX) and First Abu Dhabi Bank (FAB), leading a syndicate of nine UAE lenders, have successfully more than doubled a finance facility for global energy trader BGN to $232.5 million. Originally set at $100 million with a $120 million target, the oversubscribed facility marks a watershed in regional trade finance by incorporating an ...

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