ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre located in Abu Dhabi, announced on Sunday that it has enacted the Electronic Transactions Regulations 2021. The objective of these Regulations is to confirm that electronic signatures, contracts, records and documents are legally enforceable in ADGM as the traditional non-electronic (that is, physical) versions. The need ...

ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) has signed an agreement to acquire a portfolio of approximately 1,000 mortgages from Abu Dhabi Finance PJSC (ADF). The transaction provides further growth for ADCB’s retail and SME businesses in line with the bank’s UAE-centric strategy and prudent risk management framework. ADF was established in 2008 as an Abu Dhabi-focused ...

ABU DHABI / WAM National Central Cooling Company (Tabreed) has announced the launch of four pilot projects, all part of Tabreed’s R&D funding commitment, which reinforces the company’s unwavering stewardship towards sustainability beyond just environmental benefits. Commenting on the announcement, Bader Saeed Al Lamki, Tabreed’s Chief Executive Officer, said, “Innovation, research and development is a very important pillar in our ...