Trading

ABU DHABI, Mubadala Investment Company, an Abu Dhabi-based sovereign investor, today announced the acquisition of a 2.6 percent stake in EN+, a global leader in low-carbon aluminium production and renewables. Mubadala’s total share ownership in EN+ now…Continue Reading

ABU DHABI, Etihad Cargo, the cargo and logistics arm of Abu Dhabi’s Etihad Aviation Group, and global supply chain company EFL Global, have successfully carried a vital consignment of antiretroviral drugs from India to Brazil.The shipment, which weighe…Continue Reading

ABU DHABI, The Emirates Development Bank (EDB) has signed a Memorandum of Understanding (MoU) with the National Bank of Umm Al Qaiwain (NBQ) to facilitate strategic financing options for Small and medium-sized enterprises (SMEs) in the UAE.The MoU, whi…Continue Reading

ABU DHABI, The Ministry of Economy (MoE) announced that it has adopted additional steps to ensure the compliance of establishments registered in the UAE with the submission and the availability of ultimate beneficial owner information and to strengthen…Continue Reading

ABU DHABI, Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), today held a meeting with the CEOs of all banks operating in the UAE to discuss the macroeconomic environment, provide the CBUAE’s assessment of financial stability, and…Continue Reading

ABU DHABI, GLOBALFOUNDRIES (GF), the global leader in feature-rich semiconductor manufacturing, today announced it is expanding its global manufacturing footprint with the construction of a new fab on its Singapore campus. In partnership with the Singa…Continue Reading

ABU DHABI, The Telecommunications and Digital Government Regulatory Authority (TDRA) has been awarded the Best Entity Award for the “Best Procurement Team” and “Best Sustainable Service” categories within the “Best Business Award (BBA)”, which is one o…Continue Reading

ABU DHABI, Al Yah Satellite Communications Company PJSC (Yahsat) today announced its intention to proceed with an initial public offering (IPO) of part of its existing shares and to apply for admission of all of its shares to listing and trading on the…Continue Reading