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EDB approves trade finance facility for JLW to execute data centre in Masdar

  Abu Dhabi / WAM The Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, has announced the approval of a trade finance facility to JLW Middle East, to design, build and handover a 60 megawatts (MW) data centre (with a day 1 capacity of 31.8MW) located in Masdar City, Abu Dhabi. ...

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Dubai, Japan to enhance ties in real estate sector

  DUBAI / WAM Sultan Butti bin Mejren, Director-General of Dubai Land Department (DLD), received Noboru Sekiguchi, Consul-General of Japan in Dubai, to witness DLD’s pioneering position in the real estate sector, especially in the real estate registration field, and strengthen methods of cooperation between Dubai Land Department and the authorities concerned with real estate registration in Japan. During the ...

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Dubai’s Yiwu Market opens doors to public

  DUBAI / WAM Dubai’s Yiwu Market, a hybrid shopping complex that will empower regional and global supply chains, held its official opening ceremony on Thursday, reinforcing Dubai’s status as a global trade hub connecting the East with the West A partnership between DP World and China Commodity City Group (CCC), the AED600 million Yiwu Market is the first phase ...

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