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EDB approves AED4.4b in loans in nine months of ’22

  Abu Dhabi / WAM Emirates Development Bank (EDB) held its board meeting to review its results for the period ending September 30. The board discussed the progress being made in executing the bank’s strategy, which aims to support and empower the implementation of the UAE’s industrial development strategy, facilitate the adoption of advanced technology, empower the growth of SMEs, ...

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Abu Dhabi to host IDA World Congress 2024

  Abu Dhabi / WAM Abu Dhabi has won the bid to host the IDA World Congress 2024, which is organised by the International Desalination Association. The congress is considered the largest-of-its-kind in the world and brings together water and desalination sector leaders, senior officials, and international experts. The announcement was made during the current edition of the IDA World ...

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UAE supports Saudi Arabia’s statement on Opec+ decision

  ABU DHABI / WAM The UAE has expressed support for the statement by the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia regarding reviewing the status of oil markets and reducing production, noting that the decision was collective and based on the vote of Opec+. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) ...

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