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UAE Space Agency inks MoU with Luxembourg

Abu Dhabi / WAM The UAE Space Agency has signed a Memorandum of Understanding (MoU), with the Government of the Grand Duchy of Luxembourg, defining a framework for collaboration and the exchange of information and expertise in the fields of space science, research, and technology. The MoU was signed by Dr. Ahmad Belhoul Al Falasi, Minister of State for Higher ...

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RAKBANK closes $350mn three-year term loan facility

Ras Al Khaimah / Emirates Business Bank ABC (Arab Banking Corporation (B.S.C.)), First Abu Dhabi Bank PJSC (FAB), and Standard Chartered Bank, acting as the Initial Mandated Lead Arrangers and Bookrunners, successfully closed a debut $350 million 3-year Syndicated Term Loan Facility for The National Bank of Ras Al Khaimah, (RAKBANK). The Facility was signed on October 9 and will ...

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DMCO signs pacts with maritime clusters of Hamburg, Vancouver

Dubai / Emirates Business The Dubai Maritime Cluster Office (DMCO) of the Dubai Maritime City Authority (DMCA) signed Memorandums of Understanding (MoUs) with Germany’s Maritimes Cluster Norddeutschland and Canada’s Vancouver International Maritime Cluster as part of its efforts to develop more strategic partnerships with the world’s leading maritime clusters. The signing ceremony was attended by Hamad Buamim, Director General of ...

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