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Agthia to buy 60% stake in Egypt snacks firm Abu Auf

  Abu Dhabi / WAM Agthia group PJSC, one of the region’s leading food and beverage companies, on Thursday announced that its board of directors has approved a strategic acquisition of 60 percent of Auf group, a specialised healthy snacks and coffee manufacturer and retailer in Egypt. Established in 2010, Auf group processes, manufactures, retails and distributes a broad portfolio ...

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UAE President to begin state visit to France on Monday

  Abu Dhabi / WAM In his inaugural State visit as President of the United Arab Emirates, His Highness Sheikh Mohamed bin Zayed Al Nahyan is looking forward to meeting with the President of the French Republic, Emmanuel Macron, in Paris. His Highness will be received at the Elysée Palace on Monday, July 18. The visit is an opportunity to ...

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Global debt relief to unlock $400bn in climate finance

  Bloomberg Relieving poor countries of their debt burdens and creating innovative financial instruments could help free up more than $400 billion to help people suffering the most from warming temperatures, according to a new study. Immediate debt relief would unlock about $105 billion that could be directed toward mitigating climate change and preparing developing nations for its effects, the ...

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