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Page 15 of 2022

Al Bayt Mitwahid Association Launches Empowering Female Entrepreneurs Initiative To Support Women Into SME Sector
The Al Bayt Mitwahid Association has launched the Empowering Female Entrepreneurs initiative, in collaboration with the Khalifa Fund and the Social Care & Minors Affairs Foundation, SCMAF.

Abu Dhabi University Announces Nine Additional Engineering Degree Offerings At Its New Campus In Al Ain
Abu Dhabi University, ADU, has expanded the academic offerings at its new Tahnoun bin Mohammed campus in Al Ain to include nine new degrees as part of Al Ain Campus’s 40 undergraduate and postgraduate programmes.

Senaat Completes Refinancing Of US$267 Million Revolving Credit Facility
Senaat, an Abu Dhabi-based industrial investment holding company which is part of ADQ, announced on Thursday the refinancing of a revolving three-year loan facility amounting to AED980.6 million (US$267 million).

MFNCA Holds Virtual Panel Discussion On Women’s Representation In FNC
The discussion sought to highlight efforts to empower women in the parliamentary sector, the achievements they have made in the field, and the impact of the decision to expand women’s representation in the FNC to 50 percent, which went into effect in the current Legislative Chapter.

Conference Celebrating Women’s Achievements To Launch Tomorrow
A conference under the theme "The Role of Women in Fostering Values of Coexistence" that will highlight past and future contributions of women will be launched virtually on Wednesday.

ITC Completes First Phase Of Offering Free Internet In Public Buses
The Integrated Transport Centre, ITC, of the Department of Municipalities and Transport in Abu Dhabi announced that it has completed the first phase of offering free internet service project in public buses in the Emirate of Abu Dhabi.

Khalifa Fund’s Franchise Initiative Continues To Support UAE SMEs Expand Locally And Internationally
Khalifa Fund originally partnered with FranCorp in 2013 and later launched the Franchise Initiative to support the expansion process of UAE enterprises that showed potential in the ability to grow locally, regionally and internationally.

Aurora50 Announces Far-Reaching Agreements With ADGM, ADX, DIFC, DFM And Nasdaq Dubai To Drive Board-Level Gender Balance
In a move with far-reaching effects, Aurora50 and five of UAE’s prominent financial centres and exchanges, have agreed to collaborate on enhancing female representation at the board-level.

Waha Capital To Invest In Leading Latin American Online Travel Company
Waha Capital and Despegar.com entered into a private placement through which Waha Capital will invest in series B preferred shares convertible into ordinary shares for an aggregate purchase price of AED 184 million (US$50 million).

AED885 million profits reported by listed investment, finance companies in Q2
The investment and finance firms listed on local capital markets saw their profits jump to around AED885 million during Q2-2020 from as little as AED13 million only in the comparable period last year.

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