RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) and Amazon UAE have signed an MoU to enable businesses registered within the hub to sell their products to millions of customers across the UAE on Amazon.ae. The initiative aims to support small and medium enterprises (SMEs) to scale their businesses online, enabling them to leverage Amazon’s capabilities, tools, …

ABU DHABI / WAM MW Energy, a joint venture between Abu Dhabi Future Energy Company PJSC – Masdar and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources (MOEWR) to explore 500 MW capacity of clean energy projects, including floating solar power and hydropower, in landlocked and water-abundant Tajikistan. The MoU was signed during …

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) announced the conclusion of administrative measures it had previously imposed on a bank operating in the UAE. This is a result of the bank’s adherence to the directives of the CBUAE with regard to the appointment of a consultant to take action and remediate its Anti Money Laundering (AML) …