ABU DHABI/WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group and NMDC Energy, a subsidiary of National Marine Dredging Company (NMDC), on Monday signed an agreement for the establishment of a new manufacturing facility in KEZAD. The 50-year lease agreement will see NMDC Energy invest AED367 million ($100 million) in a 224,000 sqm facility in KEZAD, designated for modular fabrication. …

ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has held a phone call with His Highness Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah, congratulating him on his appointment as the Crown Prince of Kuwait. H.H. Sheikh Khaled bin Mohamed bin Zayed expressed his sincere congratulations to H.H. Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah, …

DUBAI / GULF TIME Danube Group, a leading conglomerate in the Middle East and Dubai SME, a subsidiary of the Dubai Department of Economy and Tourism (DET), mandated to develop the small and medium enterprise (SME) sector, have signed a Cooperation Agreement to diversify the buyer base and expand market opportunities for Emirati-owned SMEs. The signing ceremony took place at …