Recent Posts

ADQ makes merger offer to create AED9.4b aviation giant

  Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, has submitted an offer to Abu Dhabi Aviation PJSC (ADA) to combine its full 100 percent shareholding of Etihad Engineering and Ammroc, as well as its 50 percent ownership of GAL, into ADA, with the goal of establishing a diversified aviation services and MRO business, with strategic ...

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WGS inks cooperation framework with IFC

  WASHINGTON, DC / WAM The World Government Summit Organisation and the International Finance Corporation (IFC), a member of the World Bank group, signed a cooperation framework to deepen their partnership around key development issues in the Arab region including supporting women entrepreneurs, on the sidelines of the International Monetary Fund & World Bank Group Annual Meetings in Washington, DC. ...

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Abu Dhabi’s Al Seer Marine targets AED36.7b in deals in next 10 years

  Abu Dhabi / WAM Al Seer Marine, a global player across multiple marine sectors and a subsidiary of International Holding Company (IHC), has entered a strategic joint venture with the leading maritime solutions Dutch company, Damen Shipyards and DTec Industries, a global pioneer in the industrial partnerships and financial services based in Singapore, respectively. The joint venture between the ...

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