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RTA’s new bridge to ease traffic flow in Dubai

Dubai / WAM The Roads and Transport Authority (RTA) opened a new bridge serving inbound traffic from Al Aathar Road heading towards Al Hadiqa Road above Al Wasl Road. The ramp will ease traffic flow coming from Jumeirah Road and Al Aathar Road in the direction of Al Hadiqa Road and Sheikh Zayed Road. The RTA will maintain the same ...

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Mubadala restructures its Investment in EBX Group

Abu Dhabi / WAM Mubadala Development Company has confirmed that it has finalised the restructuring of its $2bn preferred equity investment in the EBX Group, and opened an office in Rio de Janeiro to manage its investment portfolio in Brazil. Mubadala initiated the restructuring process in early 2013 when the EBX Group was unable to meet certain obligations under the ...

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