ABU DHABI/ WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Witthal Gulf Industries have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art plant in Taweelah, KEZAD. Witthal Gulf Industries will invest AED 40 million for the project that will establish the UAE’s first lithium battery recycling plant in KEZAD. As both KEZAD ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has awarded Ambassador of the Republic of Lebanon to the UAE, Fouad Chehab Dandan, the Order of Independence (First Class). This honour was conferred in recognition of the ambassador’s efforts during his tenure in the UAE, which contributed to strengthening and advancing the fraternal relations between the ...

DUBAI/WAM Etihad Credit Insurance (ECI), the UAE’s federal export credit company, announced the impact of its ‘Xport Xponential’ programme, which has helped raise AED 174 million in funding to support the growth of SMEs, during the closing ceremony of the programme. The working capital was raised with the support of four of ECI’s banking partners: First Abu Dhabi Bank, Commercial ...