Recent Posts

ECI issues AED6bn worth of revolving credit guarantees

  Dubai / WAM Massimo Falcioni, CEO of Etihad Credit Insurance (ECI), has said that since its launch in 2018, ECI has supported various sectors with its trade credit solutions, improving the competitiveness of the UAE non-oil trade and export. Over the past four years, ECI recorded a new milestone by issuing AED6 billion worth of revolving credit guarantees, which ...

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UAE’s Al Hosn wins ‘App of the Year 2021’ award

ABU DHABI / WAM The US-based Global Excellence Award (GEA) has awarded Al Hosn app the “App Of The Year 2021” in the Covid-19 Response category. The achievement is the result of the collaboration between the Ministry of Health and Prevention (MoHAP), Alhosn National Health System, and the health sector at large. It also reflects the advanced level of the ...

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Aldar acquires Al Hamra Mall in Ras Al Khaimah

  RAS AL KHAIMAH / WAM Aldar Properties (Aldar), through its Aldar Investment business, has made its first investment in Ras Al Khaimah, acquiring the 27,000 square metre Al Hamra Mall developed by Al Hamra, a Ras Al Khaimah based real estate development and investment company, for a total consideration of AED410 million. The transaction adds further scale and diversification ...

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