Daily Archives: September 8, 2019

SHUAA Capital signs an agreement exiting non-core businesses

ABU DHABI, SHUAA Capital, the UAE-based financial services group, which recently completed a transformational merger with Abu Dhabi Financial Group L.L.C. (ADFG), announced on Sunday that it had agreed to sell its SHUAA Securities brokerage and market-making businesses in the …

Miral announces AED625 million Yas Village development

ABU DHABI, Miral, an Abu Dhabi Government-backed developer, has announced its investing AED625 million in Yas Village, a property development project on Yas Island.

Phase one construction works commenced in May 2018 and is now 40 percent complete, with Singapore-based …

OFID commits US$45m to Vietnam’s transport infrastructure

VIENNA, The Director-General of the OPEC Fund for International Development, OFID, Dr. Abdulhamid Alkhalifa has signed a US$45 million loan agreement with Vietnam’s Minister of Finance Dinh Tien Dung for the Da Nang City Transport Project.

OFID’s loan will help …

Foreign Ministry receives Slovakian Ambassador’s credentials

ABU DHABI, Ahmed Sari Al Mazrouei, Under-Secretary of the Ministry of Foreign Affairs and International Cooperation, MoFAIC, has received a copy of the credentials of Michal Kovac, the newly appointed Ambassador of Slovakia to the UAE.

Al Mazrouei wished the …

UAE hosts 7th joint committee meeting with Kazakhstan to strengthen ties

ABU DHABI, The Ministry of Foreign Affairs and International Cooperation, MoFAIC, on Sunday hosted the preparatory meeting of the seventh round of the UAE-Kazakhstan Joint Committee.

The meeting was headed by Dr. Mohammed Al Jaber, UAE Ambassador in Kazakhstan, and …