Abu Dhabi / WAM Mubadala Development Company has confirmed that it has finalised the restructuring of its $2bn preferred equity investment in the EBX Group, and opened an office in Rio de Janeiro to manage its investment portfolio in Brazil. Mubadala initiated the restructuring process in early 2013 when the EBX Group was unable to meet certain obligations under the ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC) has completed restoration and maintenance works on 140 schools and educational institutions in a number of Yemeni provinces as part of the organisation’s ongoing efforts to strengthen the education sector in Yemen, one of the areas most affected by the ongoing crisis. The ERC provided 14 vehicles to the Ministry of ...

Sharjah / WAM Dr. Sultan Ahmed Al Jaber, Minister of State, Chairman of the National Media Council (NMC) has said that UAE media’s and government communications services’ strategy is based on close cooperation in line with national values, so as to contribute to the achievement of sustainable development and happiness of society. Speaking at the International Government Communication Forum, which ...