ABU DHABI, 21st January, 2026 (WAM) — Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, inaugurated the Pipetec Solutions Manufacturing LLC facility in KEZAD – Abu Dhabi. The opening ceremony was attended by representatives of ministries, government entities, and industrial and academic institutions and universities, reflecting the integrated national efforts to support […]
ABU DHABI, 15th January, 2026 (WAM) — Khalifa Economic Zones Abu Dhabi – KEZAD Group, and Jotun Abu Dhabi have signed a 50-year land lease agreement for the establishment of a new manufacturing facility in ICAD – KEZAD Musaffah. Jotun Abu Dhabi, part of Jotun, will invest AED450 million in the 83,177 square metre state-of-the-art […]
ABU DHABI, 31st October, 2025 (WAM) — The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate, has announced a landmark partnership with Bascom Palmer Eye Institute to establish the institute’s first international facility in Abu Dhabi. Recognised as the top eye hospital in the United States for […]
ABU DHABI, 28th October, 2025 (WAM) — Tabreed, the leading district cooling company, today announced the successful raising of AED1.8 billion new bank debt to support its strategic growth initiatives and optimise its capital structure. The new loan is part of Tabreed’s plans to finance the company’s capital needs and diversify its funding sources, including […]
SEOUL, 29th August, 2025 (WAM) — The Republic of Korea’s industrial output, retail sales and facility investment all rose from a month earlier in July, data showed Friday. Industrial production edged up 0.3 percent last month, marking the second consecutive month of increase, according to the data compiled by Statistics Korea. Retail sales, a gauge […]
DUBAI, 25th August, 2025 (WAM) – – Drydocks World, a DP World company, has been awarded a landmark Engineering, Procurement, and Construction (EPC) contract by AMIGO LNG for the world’s largest Floating Liquefied Natural Gas (FLNG) liquefaction facility. The breakthrough project includes the conversion of two LNG carriers into Floating Storage Units (FSUs) and the […]
ABU DHABI, 9th July, 2025 (WAM) — Al Seer Marine (ASM), a subsidiary of IHC, has secured AED760 million (US$207 million) financing facility from Abu Dhabi Commercial Bank PJSC (ADCB). The eight-year facility is secured through first-priority mortgages over a selected group of operating vessels, reinforcing the company’s capital efficiency and asset-backed growth strategy. ADCB, […]
ROME, 3rd July, 2025 (WAM) – The Food and Agriculture Organisation of the United Nations (FAO) launched the Financing for Shock-Driven Food Crisis (FSFC) Facility, a mechanism that builds on the existing initiatives to anticipate and prevent escalating food emergencies before they occur. The Facility was unveiled on the sidelines of the 44th Session of […]
DUBAI, 21st April, 2025 (WAM) — Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, has announced the inauguration of Expeditors’ new facility at the Logistics District in Dubai South. The official opening ceremony was attended by Mohsen Ahmad, Chief Executive Officer of the Logistics District, Dubai South; and from […]
ABU DHABI, 17th April, 2025 (WAM) — Tadweer Group has signed an agreement with China’s SFECO Group to explore the development of a manufacturing facility in Abu Dhabi that will convert industrial solid waste into green building materials. The agreement supports Tadweer Group’s commitment to unlocking the value of waste and fostering circular economy practices […]
SHARJAH, 9th April, 2025 (WAM) — The campaign “The Safety of Industrial Establishments Is Everyone’s Responsibility” was launched in collaboration with Sharjah City Municipality (SCM) and the Sharjah Civil Defence Authority. The programme also includes the Sharjah Economic Development Department, and it seeks to promote awareness among industrial business owners about the necessity of fire […]
ABU DHABI, 27th March, 2025 (WAM) — Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, visited ADNOC Gas’ Habshan 5 gas processing facility, part of the Habshan Industrial Complex, for an Iftar gathering with ADNOC employees. His visit recognised the critical role of the Habshan […]
