Abu Dhabi / Emirates Business General Holding Corporation (Senaat), part of ADQ and the sole shareholder of Emirates Steel Industries (Emirates Steel) announced on Sunday that it has submitted an offer to the Board of Arkan Building Materials Company (Arkan). The offer sets out the principal terms and conditions on which Senaat would transfer Emirates Steel, a leading integrated steel ...

Abu Dhabi / WAM The UAE State Audit Institution (SAI) and the United Nations Office on Drugs and Crime (UNODC) have signed an agreement concerning the implementation of the “Abu Dhabi Declaration” issued by the eighth session of the Conference of the States Parties to the United Nations Convention against Corruption held in Abu Dhabi in December 2019. The Abu ...

Abu Dhabi / WAM Etisalat group announced the successful completion of a bond issuance worth one billion euros to refinance the maturing bond tranche it had issued in 2014 for the acquisition of a controlling stake in Maroc Telecom. Etisalat group issued bonds in two tranches, the first is a 7-years tranche amounting to 500 million euros with an annual ...