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UAE welcomes political agreement in Sudan

  Abu Dhabi / WAM The UAE has welcomed the agreement of an initial political framework reached by Sudanese parties to complete the transitional period in a way that enhances the stability and prosperity of the Republic of Sudan. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) affirmed that the agreement is an essential step towards ...

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AD Ports announces merger of Kezad Communities with Al Eskan Al Jamae

Abu Dhabi / WAM AD Ports group on Tuesday announced the merger of Kezad Communities with Al Eskan Al Jamae LLC (EAJ) to create Abu Dhabi’s largest integrated staff accommodation company in which AD Ports group will retain a controlling majority stake. The combined entity will have an equity value of approximately AED7 billion, positioning it as one of the ...

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DIFC-based FinTech firms secure AED2 bn of funding

  Dubai / WAM Dubai International Financial Centre (DIFC) on Tuesday announced that during the first nine months of 2022, the number of FinTech and innovation firms joining DIFC exceeded the total that established operations during the whole of 2021. Between January and September 2022, DIFC-based FinTech firms secured more than AED2 billion ($559 million) of funding, according to DIFC ...

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