Recent Posts

Ministry, ADGM partner to accelerate sustainable finance activities, green tech

Abu Dhabi / WAM The Memorandum of Understanding (MoU), was signed by Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, and Ahmed Ali Al Sayegh, Minister of State and Chairman of ADGM, on the sidelines of the Abu Dhabi Climate Meeting. The key details of the deal include attracting private investment and cutting-edge technologies to the country ...

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ADFD grants AED1.8m to support biological research

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD), earmarked a grant worth AED1.8 million ($500,000) to support the North-Eastern Federal University (NEFU), in Yakutsk, Russia. Aiming to facilitate scientific research and molecular genetic analysis in the remains of ancient animals, the financial contribution has been allocated to acquire 36 types of industry-specific laboratory equipment for the university. This grant aims ...

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Fed unleashes higher payouts for banks

Bloomberg Titans of the US banking industry said they will pump out more cash to shareholders after all 18 lenders passed the Federal Reserve’s annual stress tests. The results were a particular win for Deutsche Bank AG after it repeatedly failed past exams. A dozen of the nation’s largest lenders said they will boost payouts through dividends and stock buybacks ...

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