ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) on Friday announced that it has secured refinancing its $3.5 billion revolving credit facility. Secured via a syndicate comprising 20 banks, the new 5-year USD SOFR-based facility, which will be utilised for general corporate purposes, is set to replace the organisation’s existing $3.5 billion revolving credit facility, signed in ...

  ABU DHABI / WAM The Abu Dhabi Investment Office (ADIO) on Friday announced that it is partnering with Innovaccer, the Health Cloud company, to improve the accessibility, affordability and quality of healthcare in the Middle East. Under the partnership, Innovaccer will receive financial and non-financial incentives to set up its regional headquarters in Abu Dhabi, as part of ADIO’s ...

  Dubai / WAM Emirates SkyCargo and United Cargo signed a memorandum of understanding (MoU) that follows on the heels of the new broader historic commercial agreement between two of the largest global airlines. This coordination will deliver benefits to air freight customers of both Emirates Skycargo and United Cargo around the world. The MoU was signed at the World ...