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ADFD finances Morocco’s AED26m housing project

ABU DHABI / Gulf Time The Moroccan government celebrated the inauguration of a major university housing project at Mohammed VI University of Health Sciences in Mohammedia City, Morocco, that was developed with the support of the Abu Dhabi Fund for Development (ADFD). The project creates an integrated university district designed to the highest international standards to provide high-quality accommodation for ...

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Etihad launches world’s first green loyalty programme

ABU DHABI / Gulf Time Etihad Guest, the award-winning loyalty programme of Etihad Airways, has introduced a series of sustainability-focused initiatives to reward members for making ‘green’ choices and providing options to reduce their own carbon footprint. Conscious Choices, the new range of sustainable initiatives offered by the Etihad Guest programme, has been created to support Etihad’s overarching sustainability ambition ...

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Mubadala takes 1.9% stake in Russia’s Sibur

Abu Dhabi / WAM Mubadala Investment Company, the Abu Dhabi-based sovereign investor managing a global portfolio of assets valued at $243 billion, on Wednesday announced its largest investment in Russia, the acquisition of a 1.9% stake in Sibur, the largest integrated petrochemicals company in Russia and one of the fastest-growing companies in global petrochemicals. Founded in 1995, Sibur is the ...

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