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Brazil-UAE bilateral trade rises 33% in first 8 months of 2021

DUBAI / WAM The economic relations between Brazil and the United Arab Emirates have successfully overcome the negative impacts of the global pandemic, with bilateral trade witnessing a 33 percent increase in the first eight months of 2021, compared to the same period last year, according to a top Brazilian official. In an exclusive interview with Emirates News Agency (WAM), ...

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ADQ takes 50% stake in IHC’s Eltizam for AED111.6 million

Abu Dhabi / WAM The International Holding Company (IHC) has entered into a strategic partnership with ADQ, for a 50% stake in IHC subsidiary, Eltizam Asset Management Group, for a total cash contribution of AED 111.6 million through a new shares issuance. Founded in 2009, Eltizam is among the leading physical asset management companies in the UAE and broader GCC. ...

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Covid-19: UAE sees 306 new recoveries

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 311,282 additional Covid-19 tests over past 24 hours, using state-of-the-art medical testing equipment. In a statement on Sunday, the ministry stressed its aim to continue expanding scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

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