DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, chaired on Monday a meeting of the Executive Council at Emirates Towers, Dubai, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai. The meeting proceedings saw the Executive Council ...

DUBAI / WAM Dubai Aerospace Enterprise (DAE), on Monday announced that it had signed a $300 million seven-year unsecured term loan with a group of six banks. Abu Dhabi Commercial Bank served as initial mandated lead arranger, bookrunner and underwriter. The loan will be used to repay secured debt and support the future financing needs of the business. FirozTarapore, CEO of ...

ABU DHABI / WAM The value of the UAE’s food and beverage exports grew by 26 percent in 2018 compared to 2017 while the value of its re-exports grew by 28 percent, according to Juma Mohammed Al Keet, Assistant Under-Secretary for Foreign Trade Affairs at the Ministry of Economy. He stated this during a meeting organised by the Ministry of ...