Abu Dhabi / WAM ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, has established a new office in Egypt to build on its commitment to investing in the country’s economic growth. The opening of ADQ’s new office complements the $20 billion (AED 73 billion) ...

  ABU DHABI / WAM The Abu Dhabi Chemicals Derivatives Company RSC Ltd (Ta’ziz) on Wednesday signed investment agreements with eight United Arab Emirates -based investors, marking the first domestic Public Private Partnership (PPP) in Abu Dhabi’s downstream and petrochemicals sector. The agreements comprise commitments by the investors to invest in an up to 20% stake in a portfolio of ...

  Ras Al Khaimah / WAM Ras Al Khaimah Economic Zone (Rakez) entered into a strategic alliance with Commercial Bank of Dubai (CBD) to provide Rakez clients with quick and convenient access to the bank’s products and services. An MoU was signed by Ramy Jallad, Group CEO of Rakez, and Dr Bernd van Linder, Chief Executive Officer of CBD. Through ...