Recent Posts

FDI in UAE reaches US$126 billion

Dubai / WAM Sultan bin Saeed Al Mansouri, UAE Minister of Economy, has hailed the UAE, as a safe and sought-after investment magnet, due to its security and safety elements and political stability, in the midst of the region’s political and economic tensions. He further said that the UAE’s advanced infrastructure and strong legislative system has boosted its position as ...

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Empower awarded for responsible ops

DUBAI / WAM Empower, the world’s largest district cooling services provider, has been awarded the Dubai Chamber CSR Label honoring its sustainable and responsible corporate operations and its role in serving society. The company was awarded the label at an event held at Dubai Chamber’s headquarters. “This achievement reflects the excellence of social practices at Empower and our focus on ...

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Etihad declares Citi ‘cash management bank’ partner

ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, has announced an enhanced agreement with Citi as its international cash management bank partner. The new mandate, covering Etihad Airways’ worldwide operations outside the GCC, will enable the airline to leverage Citi’s substantial investment in financial technology to further develop its cash management operations and help ...

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