ABU DHABI/WAM Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Mamo E. Mihretu, Governor of the National Bank of Ethiopia (NBE), have signed a bilateral currency swap agreement for the UAE Dirham and Ethiopian Birr. The two parties also entered into two Memoranda of Understanding (MoU) to establish a framework for the use of local …

DUBAI/WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, issued Decree No. (45) of 2024 on the Board of Trustees of Noor Dubai Foundation, chaired by the Director General of the Dubai Health Authority. According to the Decree, Nasser Khalifa Al Budoor will serve as Vice Chairman. …

ABU DHABI/WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group has commissioned a new natural gas network having 311,100 MMBTU/Day capacity in KEZAD Area A – Al Ma’mourah. The new natural gas network has been developed by the KEZAD Group subsidiary, KEZAD Utilities & Facilities Management Company, in three phases with a capital investment of around AED300 million. The total …