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UAE condemns Houthis attack on fuel station in Yemen’s Marib

ABU DHABI / WAM The UAE has strongly condemned the Iran-backed Houthi terrorist militias’ targeting of a fuel station in the Yemeni governorate of Marib with missiles and booby-trapped aircraft, which resulted in several deaths and injuries to innocent civilians, including children. In a statement released by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE reiterated that ...

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Etisalat lists AED4.47b worth of bonds on ADX

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) on Tuesday announced the listing of the bonds of the Emirates Telecommunication Group company (Etisalat) under the issuer’s medium-term note programme with a total amount of Euro1 billion (AED 4.47 billion) in two tranches, starting June 14. The listing of bonds in two tranches is subject to Securities and Commodities ...

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Desert Control set to launch commercial rollout of LNC

Dubai / WAM Agri-tech startup Desert Control is ready to launch commercial rollout of liquid natural clay (LNC) — an innovation that turns deserts into fertile land — after joining the alumni network of in5, an enabling platform for tech, media and design entrepreneurs in Dubai. The company is the latest in5 graduate to leave the business incubator and pursue ...

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