DUBAI / WAM Abu Dhabi Exports Office (ADEX) and First Abu Dhabi Bank (FAB), leading a syndicate of nine UAE lenders, have successfully more than doubled a finance facility for global energy trader BGN to $232.5 million. Originally set at $100 million with a $120 million target, the oversubscribed facility marks a watershed in regional trade finance by incorporating an ...

ABU DHABI / WAM Türkiye’s Mechanical and Chemical Industry Corporation (MKE) is showcasing a comprehensive range of its advanced defence systems at the International Defence Exhibition (IDEX 2025) in Abu Dhabi. On the sidelines of IDEX 2025, MKE General Manager İlhami Keleş highlighted the company’s distinctive capability to manufacture a wide range of weapons and ammunition under one roof, from ...

DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA), has announced record financial results for 2024. The milestone coincides with DIFC’s 20th anniversary, reinforcing Dubai’s position as the region’s financial services capital. The centre now houses 6,920 active companies, a 25 percent increase from 5,523 in 2023. ...