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EDB-Adio collaboration to boost FDI, promote business

ABU DHABI / WAM Emirates Development Bank (EDB) and the Abu Dhabi Investment Office (Adio) have announced the signing of a Memorandum of Understanding (MoU) to collaborate on promoting business setup and foreign direct investments into Abu Dhabi. The MoU between EDB and Adio aims to help private sector companies establish and grow in the Emirate of Abu Dhabi, while ...

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UAE, Bahrain discuss boosting bilateral ties

MANAMA / WAM Sheikh Sultan bin Hamdan bin Zayed Al Nahyan, UAE Ambassador to Bahrain, has met with Sheikh Salman bin Khalifa Al Khalifa, Bahrain’s Minister of Finance and National Economy, where they discussed the distinguished relations between the two countries and ways to enhance cooperation to achieve their common interests. During the meeting, held at the Minister’s office in ...

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Etisalat, G42 to create UAE’s largest data centre provider

ABU DHABI / WAM Etisalat Group and G42 have announced the signing of a binding agreement to merge their data centre (DC) offering in the UAE. A total of twelve data centres will be combined in a new joint venture business operating under Khazna Data Centres, creating the UAE’s largest data centre provider. G42 and Etisalat Group will each own ...

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