Abu Dhabi / WAM Alpha Dhabi Holding has increased its stake in Aldar Properties, reaffirming its position as the largest shareholder and consequently becoming Aldar’s parent company. Through this latest additional stake, Alpha Dhabi has raised its shareholding of Aldar to complement its existing majority representation on Aldar’s Board of Directors. Accordingly, Aldar will be treated as a subsidiary ...

  Abu Dhabi / WAM Abu Dhabi Exports Office (Adex), the export-financing arm of the Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the ECOWAS Bank for Investment and Development (Ebid). Following this, a line of credit of $20 million will be opened between the two entities enhancing strategic cooperation and increasing the volume of trade ...

  Abu Dhabi / WAM The UAE Ministry of Climate Change and Environment (MoCCAE) and the Department of Agriculture of the Philippines on Tuesday signed a memorandum of understanding (MoU) to step up collaboration in developing the agricultural sector in both countries. The scope covers multiple areas, including soil science and management, biotechnology, post-harvest transactions, agricultural research and development (R&D), ...