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Al Hilal Bank to sell Takaful to Siraj Holding

ABU DHABI, 19th January, 2020 (WAM) Al Hilal Bank, a wholly-owned subsidiary of Abu Dhabi Commercial Bank, ADCB, has agreed to sell Al Hilal Takaful, its Islamic insurance business and operations, to Siraj Holding LLC. The transaction is expected to be completed during the first quarter of 2020, subject to …

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Sanad Powertech awarded Shams Power Company maintenance contract

ABU DHABI, 18th January, 2020 (WAM) Sanad Powertech, a wholly-owned subsidiary of Mubadala Investment Company, has been awarded a contract for the maintenance, repair and overhaul, MRO, operations of the steam engine and power generator of Shams Power Company, one of the largest operational concentrated solar power plants in the …

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UAE-Japan sign Strategic Energy Cooperation Agreement

ABU DHABI, 13th January, 2020 (WAM) His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Shinzo Abe, Prime Minister of Japan, witnessed today the signing of the UAE-Japan Strategic Energy Cooperation Agreement between the Abu Dhabi …

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Borouge establishes a marketing company in Egypt

Abu Dhabi January 12, 2020 and mother Borouge Petrochemical Company – a pioneer in providing innovative high-value plastic solutions – announced the establishment of a new marketing company in Cairo. The establishment of Borouge a new marketing company in Egypt within the framework of its development strategy and its keenness …

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Mohamed bin Zayed, Indonesian President discuss cooperation

ABU DHABI, 12th January, 2020 (WAM) His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today discussed with President of Indonesia Joko Widodo, friendship and cooperation between the two countries and ways to enhance them in all …

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