Abu Dhabi / WAM General Holding Corporation (Senaat) part of ADQ and the sole shareholder of Al Foah Company, on Tuesday announced that it has submitted a non-binding offer to the Board of Agthia Group, a food and beverage company. The offer sets out the principal terms and conditions on which the majority of Al Foah’s business would be transferred ...

Sharjah / WAM Arada announced the latest in a series of construction contracts at Aljada, the AED24 billion ($6.53 billion) mixed-use community in the heart of New Sharjah. The developer awarded the AED102 million contract to build Phase 2 infrastructure works to support a number of different communities within Aljada to Al Marwan General Contracting Company. The scope of work ...

Abu Dhabi / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, reaffirmed the UAE’s supportive stance for UN resolutions on Libya and the world organisation’s call for Libyan parties to engage in a ceasefire, end escalation, and commit to international efforts for a peaceful settlement. This came as the UAE minister participated in a ministerial meeting ...