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Sheikh Khaled bin Mohamed launches $1.4 bn IPO fund

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ABU DHABI / WAM Under the directives of the Supreme Council for Financial and Economic Affairs, HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and member of the board of Abu Dhabi Supreme Council for Financial and Economic Affairs, has launched the Abu Dhabi IPO ...

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Saudi mining plan gets $3b EV boost from Australian company

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Bloomberg An Australian company plans to invest $3 billion in Saudi Arabia in a bet on the metals used in batteries for electric vehicles (EV). EV Metals Group Plc’s spending will be on building plants to process minerals including lithium and nickel, and later expand into exploring for the battery metals, Managing Director and CEO Michael Naylor said. It would ...

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Abu Dhabi, Brazil’s Parana to boost trade cooperation

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ABU DHABI / WAM Dr Ali bin Harmal Al Dhaheri, First Vice Chairman of Abu Dhabi Chamber of Commerce and Industry, met with Carlos Massa Júnior, Governor of the State of Parana, Brazil, and the accompanying delegation at Expo 2020 Dubai to discuss the prospects of trade and investment cooperation between businesses in Abu Dhabi and Parana. During the meeting, ...

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