Abu Dhabi / WAM Waha Capital has completed the refinancing of its credit facilities with 12 local, regional and international banks. The new and upsized financing is a 5-year US$ 500 million revolving credit facility. This replaces the previous US$ 375 million revolving credit facility secured in 2014. The facility was positively received and achieved a significant oversubscription. It was ...

  Aden / WAM The UAE donated vehicles to security authorities in Aden governorate to help leverage security and stability there. The UAE has so far donated 47 Toyota FJ Cruisers, 18 police cars, five motorcycles, six fire trucks, 50 fire suits, 10,000 police uniforms and airport security devices to the southern Yemeni city. Chief of Aden’s security, Shallal Shaea, praised ...

  Dubai / WAM The Higher Organising Committee of the Dubai Award for Sustainable Transport (DAST) has opened registrations for entries and started receiving nominations from public, semi-public and private entities in the UAE for the ninth edition of the award. Nasir Hamad Abu Shehab, CEO of Strategy & Corporate Governance Sector-cum-Chairman of the Higher Organising Committee of DAST, RTA, says ...