Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, has undertaken several transactions in publicly listed companies within key sectors of Egypt’s economy, building on its long-term commitment to investing in the country’s economic growth through its $20 billion joint strategic investment platform. The investments reflect ADQ’s continued confidence in Egypt’s strong economic potential. The transactions ...

  Dubai / WAM Noura bint Mohammed Al Kaabi, Minister of Culture and Youth witnessed the launch of an e-book telling the story of the UAE’s seven emirates in 50 portraits of individuals. Devoted to the esteemed legacy of Sheikh Hamdan bin Rashid Al Maktoum and published in the year of the UAE’s Golden Jubilee, the book, titled, ’50U’, tells ...

  ABU DHABI / WAM The central bank of the UAE (CBUAE) and the Bank of Korea (BOK) on Wednesday renewed the Bilateral Local Currency Swap Agreement, reaffirming their commitment to promote trade and financial cooperation. The agreement was signed by Khaled Mohamed Balama, CBUAE governor, and Juyeol Lee, governor of the Bank of Korea. The agreement, which was originally ...