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UAE offers $500 million for Iraq reconstruction efforts

KUWAIT / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, announced the UAE’s offer to provide deve- lopment aid worth $500 million, to assist international efforts to reconstruct Iraq. During his speech as head of the UAE delegation at the ‘Kuwait International Conference for the Reconstruction of Iraq,’ he explained that the support includes $250 million ...

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Adnec adds AED3.89bn to Abu Dhabi’s economy

Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (Adnec) on Wednesday announced that the value of its direct and indirect contribution to Abu Dhabi’s economy has increased by 26.66 percent in 2017 to reach AED3.89 billion, compared to AED3 billion in 2016. The company shared its 2017 results at a press conference at the Abu Dhabi National Exhibition Centre, ...

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Nakheel awards AED79.7mn contract for beachfront facility

DUBAI / WAM Construction is underway on The St. Regis Beach Club on Dubai’s Palm Jumeirah, confirming yet another top-flight dining and leisure destination for the world-famous island, master developer Nakheel announced. The company has awarded a contract worth AED79.7 million to Ghantoot Gulf Contracting to build the exclusive beachfront facility, which will offer unrivalled restaurants, lifestyle and fitness venues ...

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