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Taqa’s subsidiary Mipco secures AED4b financing

  ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) has announced that the Mirfa International Power & Water Company (Mipco), the project company that owns and operates the Mirfa Power & Water Plant (Mirfa IWPP), successfully completed refinancing of AED4 billion (US$1.09 billion). This long-term financing is denominated in USD and is slated to mature on 30th September, ...

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Sheikh Mohamed receives letter from Tajik President

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a written letter from Emomali Rahmon, President of the Republic of Tajikistan, concerning the development of ties between the two countries. The letter was received by HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, during his ...

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Emaar fully acquires Dubai Creek Harbour

  DUBAI / WAM Emaar Properties held a General Meeting on Wednesday, where shareholders approved the acquisition of Dubai Creek Harbour from Dubai Holding and the sale of Namshi Holding Limited to Noon AD Holdings Ltd from Emaar Malls Management, a wholly-owned subsidiary of Emaar Properties. Shareholders approved a motion to acquire assets from Dubai Holding and the issuance of ...

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