Recent Posts

Abu Dhabi’s Hub71 partners with ADIO to grant AED10m to startups

ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem, and the Abu Dhabi Investment Office (ADIO) have partnered to support early-stage tech startups in growing their teams and scaling their businesses with the purpose to generate societal impact. The partnership complements Hub71’s new programme, ‘The Outliers’, enabling startups from around the world to collaborate with leading corporations and government ...

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EDB successfully closes $750m five-year bond

Abu Dhabi / WAM Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, has succesfully closed its $750 million five-year bond issue, priced at a fixed re-offer yield of 1.639 percent per annum in the Regulation S markets. This was the second USD transaction issued under EDB’s $3 billion Euro Medium Term ...

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Ajman Chamber, Estonia to boost bilateral trade

Ajman / WAM Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry, discussed with Jaan Reinhold, Ambassador of Estonia to the UAE, prospects of economic collaboration and ways to boost bilateral trade between two nations. This came as part of the ambassador’s visit to the chamber to explore ways to benefit from the investment opportunities the two ...

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