ABU DHABI/WAM Mashreq Bank has allocated an additional AED1 billion in financing solutions to enhance the country’s industrial sector’s growth and support its competitiveness and productivity. This aligns with the objectives of the National Strategy for Industry and Advanced Technology, Operation 300Bn. This new step stimulates industrial companies in the country by enabling them with additional financing solutions under the ...

ABU DHABI/WAM Abu Dhabi Energy Services (ADES), a subsidiary of TAQA (Abu Dhabi National Energy Company), announced the commencement of a 9000-kilowatt peak (kWp) solar photovoltaic (PV) project for the United Arab Emirates University (UAEU) in Al Ain. This project is the largest solar energy initiative in the UAE’s education sector and the first large-scale renewable energy endeavour for the ...

DUBAI/WAM Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Indonesia’s Nusantara Capital Authority to enhance international financial cooperation. Essa Kazim, Governor of DIFC, and M. Basuki Hadimuljono, (Acting) Chairman of Nusantara Capital City Authority, signed the agreement at DIFC’s premises in Dubai. The signing was witnessed by Erick Thohir, Minister of State Owned Enterprises; Dr. ...