Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, on Wednesday launched the third cycle of its Internal Excellence Award. In line with the Abu Dhabi government’s strategy to promote excellence across government and public sector institutions in the emirate, the award reaffirms the Fund’s commitment to encouraging innovation and creativity ...

Abu Dhabi / Emirates Business Strata Manufacturing PJSC (Strata), the advanced composite aerostructures manufacturing company wholly owned by Mubadala Investment Company PJSC (Mubadala), signed a Cooperation Agreement (CA) with Dema SpA, the Italian aerospace company headquartered in Naples. The agreement will enable Strata and Dema SpA to create a roadmap that will enable both companies to transfer knowledge and exchange ...

DUBAI / Emirates Business Mashreq bank, the UAE’s leading financial institution closes a $100 million dual tranche syndicated term facility for Stanbic Kenya Bank Limited (Stanbic Bank Kenya) – a subsidiary of the Standard Bank Group (SBG). The transaction closed nearly two and a half times oversubscribed. Mashreq, the sole coordinating bank and book-runner for Stanbic Bank Kenya’s fourth international ...