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DP World to defend its rights in Djibouti port

DUBAI / WAM DP World said on Tuesday that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA in face of Djibouti’s blatant disregard for the rule of law and respect for commercial contracts. On September 9 the President of Djibouti enacted a decree which purportedly transferred ...

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Abu Dhabi Ports, Kizad eye China opportunities

Abu Dhabi / WAM Following China President Xi Jinping’s historic visit to the UAE in July, senior representatives at Abu Dhabi Ports and Khalifa Industrial Zone Abu Dhabi (Kizad), visited Nanjing, Jiangsu Province, to bolster growing trade relations. During the China-UAE Industrial Capacity Cooperation Demonstration Zone Investment Promotion Conference, industry leaders, government officials and private sector decision makers gathered to ...

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ADGM, EDB join forces to bolster country’s innovation ecosystem

ABU DHABI / WAM The Registration Authority of Abu Dhabi Global Market (ADGM), signed a Memorandum of Understanding (MoU), with the Emirates Development Bank (EDB), the host and operator of Mohammed Bin Rashid Innovation Fund (MBRIF). Through the MoU, the parties aim to facilitate cooperation in cultivating local entrepreneurship and innovation. Access to finance for young businesses remains a fundamental ...

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