Recent Posts

CBUAE, NBE sign currency swap agreement, two MoUs

ABU DHABI/WAM Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Mamo E. Mihretu, Governor of the National Bank of Ethiopia (NBE), have signed a bilateral currency swap agreement for the UAE Dirham and Ethiopian Birr. The two parties also entered into two Memoranda of Understanding (MoU) to establish a framework for the use of local ...

Read More »

KEZAD commissions new natural gas network for clients

ABU DHABI/WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group has commissioned a new natural gas network having 311,100 MMBTU/Day capacity in KEZAD Area A – Al Ma’mourah. The new natural gas network has been developed by the KEZAD Group subsidiary, KEZAD Utilities & Facilities Management Company, in three phases with a capital investment of around AED300 million. The total ...

Read More »
Send this to a friend