Browsing: investment

President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Denis Sassou Nguesso, President of the Republic of the Congo, witnessed the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Republic of the Congo. The agreement was signed at Qasr Al Bahr in Abu Dhabi by His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, and His Excellency Christian Yoka, Minister of Finance, Budget and Public Portfolio of the Republic of the Congo.

The Department of Municipalities and Transport – Abu Dhabi (DMT) has outlined its major achievements for 2024, reflecting substantial progress and innovation across various communities in the emirate. The year saw the successful completion of priority projects worth AED 4 billion, forming part of a broader, long-term development agenda with a total budget surpassing AED 75 billion.

Two Comprehensive Economic Partnership Agreements (CEPA) between the UAE and Costa Rica, and the UAE and Mauritius, came into effect, paving the way for enhanced trade and investment with these rapidly growing economies in strategic locations.

Haldirams, a leading Indian snacks manufacturer, has announced the participation of Abu Dhabi-based International Holding Company (IHC) in its latest equity funding round.

The Abu Dhabi-listed Agthia Group has acquired a 100% stake in UAE mineral water desalination company Riviere, a move which the company said will triple its household customer base and expand its network in the water and food segment with a revenue growth of 6.5%.

Abu Dhabi’s economy maintained strong momentum in 2024, with real Gross Domestic Product (GDP) increasing…

Dubai-based digital technology company VEON Ltd. has successfully secured a $210 million syndicated loan with a two-year tenure. A consortium of lenders, including ICBC Standard Bank and several prominent banks from the Gulf Cooperation Council (GCC) region, arranged the financing.

The third edition of GITEX AFRICA, The Largest Tech and Startup Show in Africa, will…

Abu Dhabi’s sovereign wealth fund, ADQ, has teamed up with the U.S. private equity firm Energy Capital Partners to invest over $25 billion in energy projects aimed at powering data centres, primarily in the United States.

Abu Dhabi Islamic Bank (ADIB) has introduced its 2025 Financial Education Programme (FEP) to enhance…