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Abu Dhabi fund approves additional AED1b for Mali

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) will provide AED1 billion to support the balance of payments and national housing project in Mali. ADFD has signed two agreements with the Government of Mali. These include an AED918 million ($250 million) concessionary loan to support the balance of payments in the country as well as an additional concessionary ...

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Saif Zone keen to attract international investors

SHARJAH / WAM The Sharjah Airport International Free Zone (Saif Zone), host to 8,000 companies, held a business meeting in Abu Dhabi, participated by more than 80 investors and businessmen representing multinational companies from Hong Kong, Malaysia, Singapore and representatives of business councils operating in the UAE. The meeting came as part of Saif Zone’s efforts to attract and introduce ...

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India issues tender for solar factories

Bloomberg India issued a new tender for solar power equipment manufacturing capacity totaling 2 gigawatts, the latest attempt to spur its domestic industry after two earlier efforts failed to rouse investor interest. The new tender, issued by the state-owned Solar Energy Corp. of India, seeks as many as four projects for module, cell, ingot and wafer manufacturing with annual capacity ...

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