ABU DHABI / WAM The newly established Abu Dhabi Exports Office (Adex), and the Abu Dhabi Chamber of Commerce and Industry (Abu Dhabi Chamber), signed a Memorandum of Understanding (MoU), to cooperate on a series of initiatives. Through the partnership, the two entities aim to leverage the innovative financial products and services offered by the Adex to elevate the international ...

DUBAI / WAM DP World’s parent company Port and Free Zone World has offered to acquire the 19.55 percent of DP World’s shares traded on Nasdaq Dubai, returning the company to private ownership. According to a statement released by the company, the move will enable DP World to focus on its medium-to-long-term strategy of “transforming from a global port operator ...

MUNICH / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, emphasised the UAE’s support for a political solution to the Libyan crisis and highlighted in this regard Germany’s efforts through the Berlin track, considering it the only manner of achieving security and stability in Libya. In his speech before the first meeting of the International Follow-Up ...