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UAE banks offer AED93.4b loans to SMEs in Q1 2020

ABU DHABI / WAM During the first quarter of 2020, the total loans provided by Emirati banks to small and medium-sized enterprises (SMEs) totalled AED93.4 billion, an increase of AED3.9 billion or 4.3 percent compared to AED89.5 billion in the fourth quarter of 2019. The loans provided accounted for some 8.1 percent of the total cumulative balance of credit facilities ...

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Enec completes significant test for Unit 4 at Barakah

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), successfully completed Cold Hydrostatic Testing (CHT) at Unit 4 of the Barakah Nuclear Energy Plant, the Arab world’s first nuclear energy plant being built in the Al Dhafra region of Abu Dhabi. The testing incorporated the lessons learned from the previous three units and is a crucial step towards the ...

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Adihex to take place in Sept 2021

ABU DHABI / WAM The Higher Organising Committee of Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) announced that the 18th edition of exhibition, which was scheduled for September 29 – October 3, will be rescheduled to September 2021, under the theme, ‘Sustainability and Heritage… A Reborn Aspiration’. The event will be organised by the Emirates Falconers’ Club and held ...

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