Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (Adex) signed two loan agreements with the Electricity and Water Authority in Bahrain to finance a water supply network project. Under the agreements, ADFD has committed to provide a loan of AED150.6 million, and Adex to provide a loan of AED187.32 million. The ...

  Dubai / WAM A UAE delegation, led by Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, has concluded a two-day visit to Turkey, to enhance cooperation and explore new areas for future collaboration, especially in the energy, industry and advanced technology sectors. The visit also included meetings with senior government and private sector officials and ...

  Abu Dhabi / WAM Abu Dhabi Commercial Bank (ADCB) joined the Arab Monetary Fund (AMF)’s Buna system to provide its customers with an enhanced regional cross-border payments system – a move that is in line with ADCB’s digital transformation strategy. Buna is a state-of-the-art cross-border payments platform for the Arab region, which enables financial institutions and central banks to ...