Recent Posts

Abu Dhabi Ports-MPA deal to boost security in Indian Ocean

Abu Dhabi / WAM Abu Dhabi Ports and the Mauritius Ports Authority (MPA) signed a memorandum of understanding (MoU) to pool their combined expertise to enhance the maritime sector across the Indian Ocean, from port infrastructure and security to protecting the en-vironment and driving the cruise industry. The MoU was signed by Captain Mohamed Juma Al Shamisi, CEO of Abu ...

Read More »

ENBD Reit gets $177mn facility from Mashreq

Dubai / Emirates Business ENBD Reit, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has confirmed a $177 million (AED650 million) Shari’a-compliant financing facility with Mashreq Bank. The facility will refinance as much as $134.5 million (AED494 million) of the Reit’s existing debt — reducing its cost of financing — as well as provide ...

Read More »

Dewa discusses use of quantum computing

Dubai / WAM The Dubai Electricity and Water Authority (Dewa) has organised a number of workshops for its management and specialists to discuss how quantum computing can be used in electricity and water production processes. A number of quantum computing experts from Microsoft participated in the workshops, which were held over two days at the Dewa Campus for Occupational and ...

Read More »
Send this to a friend