Recent Posts

ERC expands humanitarian outreach for flood victims in Libya

BENGHAZI/ WAM The Emirates Red Crescent (ERC) has expanded its humanitarian relief operations and programmes for those affected by the storms, torrents, and floods that hit Libya. The ERC provided additional assistance, including food, shelter, medical parcels, first aid, and other essential supplies, to thousands of survivors and displaced people in several areas in eastern Libya. The ERC’s delegation in ...

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Dubai Aerospace Enterprise closes $1.6b new financing facilities

DUBAI/ WAM Dubai Aerospace Enterprise (DAE) on Monday announced that it has signed a new multi-tranche financing, structured as a combination of revolving credit facilities and term financing facilities, each comprising of conventional and Islamic tranches (the Facilities) with HSBC and JP Morgan acting as Joint Bookrunners and Joint Mandated Lead Arrangers. Following significant demand, the transaction was upsized in ...

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ADSW to host special edition at COP28

ABU DHABI/ WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and withing the framework of his keenness to champion sustainability as a key pillar of the UAE’s economic and social progress and prosperity, Abu Dhabi Sustainability Week (ADSW), a global initiative championed by the UAE and its clean energy powerhouse Masdar, will host the ...

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