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Climate action linked to economic growth: UAE

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Milan / WAM The UAE has expressed its strong support for progressive climate action linked to economic growth at Pre-COP 26 meetings in Milan, Italy, in the run up to the critical climate negotiations that will begin in Glasgow later this month. Shamma bint Suhail Faris Al Mazrui, Minister of State for Youth Affairs, led the UAE delegation to the ...

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Brazil-UAE bilateral trade rises 33% in first 8 months of 2021

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DUBAI / WAM The economic relations between Brazil and the United Arab Emirates have successfully overcome the negative impacts of the global pandemic, with bilateral trade witnessing a 33 percent increase in the first eight months of 2021, compared to the same period last year, according to a top Brazilian official. In an exclusive interview with Emirates News Agency (WAM), ...

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ADQ takes 50% stake in IHC’s Eltizam for AED111.6 million

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Abu Dhabi / WAM The International Holding Company (IHC) has entered into a strategic partnership with ADQ, for a 50% stake in IHC subsidiary, Eltizam Asset Management Group, for a total cash contribution of AED 111.6 million through a new shares issuance. Founded in 2009, Eltizam is among the leading physical asset management companies in the UAE and broader GCC. ...

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