ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and Shanghai Free Trade Zone Authority (SHFTZA) on Wednesday signed a Memorandum of Understanding (MoU) in Shanghai to foster collaboration and facilitate business developments in their respective markets. Richard Teng, Chief Executive Officer, Financial Services Regulatory Authority of ADGM, and Guo Yusong, Department Director, Fiscal and Financial Services of SHFTZA, …

  ABU DHABI / WAM The Abu Dhabi Monitoring and Control Centre (ADMCC) announced the launch of the ‘Falcon Eye’ system throughout the city of Abu Dhabi, including Abu Dhabi International Airport, the main islands, and Bani Yas and Musaffah areas. The system is a complete central system that receives a live feed from visual surveillance equipment installed across the …

  Dubai / Emirates Business Leading financial institution, Mashreqbank psc (Mashreq) announced successful coordination of a BHD 107 million (AED 1,050 million) contracting facility for financing the bonding and working capital requirements of the Arabtec Construction LLC (Arabtec) and TAV Tepe Akfen Yatirim Insaat ve Isletme A.S. (TAV) joint venture (JV) in support of the JV’s main works contract for …