Dubai / WAM Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank (EDB), on Tuesday rang Nasdaq Dubai’s market-opening bell to celebrate the listing of a $750 million bond. The listing announcement event was attended by Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of Dubai Financial Market (DFM), as well as senior executives from both sides. Al Naqbi ...

DUBAI / WAM Emirates Global Aluminium (EGA) on Tuesday announced that its wholly-owned subsidiary Guinea Alumina Corporation (GAC) has opened a US$1 million vocational training centre to create opportunities for young Guineans. The Advanced Automotive Training Centre, located in the town of Boké near GAC’s bauxite mining concession, will provide year-long courses in advanced light vehicle mechanics. The project was ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed 81.22 percent of the Nakhali water reservoir, which has a storage capacity of 120 million imperial gallons (MIG). With investments totalling AED 287.8 million, the project is expected to be completed by the end of the third quarter of 2021. “We work in line with the vision and directives ...