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Mubadala, Bpifrance to invest up to €350mn in African companies

ABU DHABI / WAM Bpifrance, the French national investment bank, and Mubadala Investment Company (Mubadala) announced the signing of a Memorandum of Understanding (MoU) to launch a new co-investment partnership dedicated to African private equity. The two companies will aim to deploy up to EUR 350 million through fund and direct investments in private equity and venture capital, with a ...

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EDB, FAB join hands on co-lending plan for SMEs

ABU DHABI / Emirates Business Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, has entered into a Memoradum of Understanding (MoU) with First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, on Credit Guarantee and Co-lending programs for SMEs in the ...

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Nawah signs Mesa deal with Framatome

Abu Dhabi / WAM Nawah Energy Company (Nawah), the subsidiary created by Joint Venture partners Emirates Nuclear Energy Corporation (Enec) and Korea Electric Power Corporation (Kepco) to operate and maintain the Barakah Nuclear Energy Plant, signed a Maintenance and Engineering Services Agreement (Mesa) with Framatome, an international leader in nuclear energy technologies. The signing took place during the 3rd annual ...

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