Company News
Tourism Development
TAQA Secures US$3.5 Billion Revolving Credit Facility (23 December 2019)Abu Dhabi National Energy Company, TAQA, announced today that it has secured a US$3.5 billion revolving credit facility.
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TAQA Successfully Completes Refinancing Of Group-Level RCF (23 December 2019)
Commenting on the news, Mohammed Al Ahbabi, Chief Financial Officer of TAQA, said: "TAQA’s funding exercises continue to be met with strong levels of interest from investors and lenders alike.
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Abu Dhabi Toll Gates Active During Peak Hours Beginning 2nd January (22 December 2019)
The Department of Municipalities and Transport, DMT, and the Integrated Transport Centre, ITC, in Abu Dhabi have announced that some elements of the Abu Dhabi Toll Gate System Executive Regulations have been amended.
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EDB To Launch Free Online Empowerment Platform To Support Entrepreneurs (22 December 2019)
Emirates Development Bank, EDB, today signed an agreement to launch an online empowerment platform that will provide free essential resources and content to help entrepreneurs at various stages of their business development.
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New Agreement To Advance Sustainable Finance Agenda In Abu Dhabi (22 December 2019)
Developing the sustainable finance agenda in Abu Dhabi is at the heart of a new agreement recently signed by Abu Dhabi Global Market, ADGM, and the Authority of Social Contribution, Ma’an.
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UAE Banks’ Total Investments Reach AED396.2 Billion (22 December 2019)
The UAE Central Bank revealed on Sunday that total banking investments reached AED396.2 billion in November.
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Yas Island’s List Of Record-Breaking Experiences Expands With The Opening Of CLYMB Abu Dhabi (22 December 2019)
Yas Island, the world’s leading leisure and entertainment hub, welcomed CLYMB Abu Dhabi to its growing list of record-breaking experiences, since its opening on 29 November this year.
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Abu Dhabi Airports Awards Top Industry Partners At Annual Celebration Ceremony In Abu Dhabi (21 December 2019)
Abu Dhabi Airports held a special ceremony to recognize the contributions made by its local and international stakeholders on 18th December 2019 at the Ritz Carlton Abu Dhabi.
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Abu Dhabi Fund For Development Allots AED55 Million For Transportation Project In Cameroon (21 December 2019)
Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, approved a concessionary loan worth AED55 million (US$15 million) for the Olama-Kribi Road project in Cameroon.
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Abu Dhabi’s Water And Electricity Companies Sign Strategic Partnership Agreement With "Abu Dhabi Sustainability Week" (21 December 2019)
Abu Dhabi’s major water and electricity companies, represented by Abu Dhabi Power Corporation (ADPower), signed an agreement to be a ’Strategic Partner’ of Abu Dhabi Sustainability Week (ADSW) 2020.
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