Recent Posts

Calidus to launch new UAE-made defense products at IDEX 2025

ABU DHABI / WAM Calidus, a UAE-based Defense Technology Development and Manufacturing Company, is set to showcase its latest innovative military products and systems during its participation in the 17th edition of the International Defence Exhibition and Conference (IDEX 2025). The event will be held from February 17 to 21 at the ADNEC Centre Abu Dhabi. The Calidus stand at ...

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UAE President receives Russian First Deputy Prime Minister

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Denis Manturov, First Deputy Prime Minister of the Russian Federation. His Excellency Manturov conveyed to His Highness the greetings of Russian President His Excellency Vladimir Putin, along with his best wishes for the UAE’s continued progress. In turn, His Highness Sheikh Mohamed bin ...

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Bank of Sharjah acts as mandated lead arranger, bookrunner in US$155m loan for ‘Daewoo Engineering’

SHARJAH / WAM Bank of Sharjah announced that it has acted as Mandated Lead Arranger and Bookrunner for a US$155 million Club Loan Facility for Daewoo Engineering & Construction Co Ltd. The three-year facility, arranged in collaboration with other regional banks, will be used for general corporate purposes, supporting Daewoo’s working capital requirements for ongoing projects globally. Mohamed Khadiri, CEO ...

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