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Mohamed reshuffles ADAC’s board

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Chairman of Abu Dhabi Executive Council, has issued a resolution reshuffling the board of directors of Abu Dhabi Airports Company and appointing Awaida Murshed Ali Murshed Al Marar chair of the new board. ...

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Emaar, Saudi PIF to set up $1bn e-commerce firm

  Bloomberg A group of investors led by Emaar Properties PJSC Chairman Mohamed Alabbar and Saudi Arabia’s sovereign wealth fund will each contribute $500 million to an e-commerce venture to tap the Middle East’s fast-growing online retail market. E-commerce firm Noon will go live in January and provide 20 million items for customers, Alabbar said at a news conference in ...

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ADDED, govt entities sign deal over investor services

  ABU DHABI / WAM The Department of Economic Development – Abu Dhabi (ADDED) has signed separate service level agreements concerning investor services with a number of government departments. ADDED signed agreements with Abu Dhabi National Oil Company, the Department of Municipal Affairs and Transport, Abu Dhabi Securities Exchange, Mubadala Development Company, the Emirates Nuclear Energy Corporation, the Media Zone ...

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