Recent Posts

Adnoc’s logistics arm buys Zakher Marine International

Abu Dhabi / WAM Adnoc Logistics and Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), announced on Tuesday the acquisition of Zakher Marine International (ZMI), an Abu Dhabi-based owner and operator of offshore support vessels, with the world’s largest fleet of self-propelled jack-up barges. Financial details of the transaction are not being ...

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Hub71, Clara join hands to digitise startups’ legal needs

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has announced a partnership with Clara, a LegalTech startup that offers automated legal services for startups. The partnership will support Hub71-based startups and provide them with access to Clara’s innovative digital platform, facilitating the complex legal processes involved in setting up, growing and exiting a startup. Under the agreement, ...

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ADFD celebrates milestones on its 51st anniversary

  Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD) continues its pioneering mission since its establishment in 1971, achieving many milestones in various fields, as the total funds, investments and deposits of the fund reached AED185.2 billion by the end of June 2022. The strong positive impact achieved underscores the fast-paced growth of ADFD’s development & investment ...

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