ADFD provides AED55 million concessionary loan to Rwanda

ABU DHABI, Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the Government of Rwanda to provide an AED 55 million (US$15 million) concessionary loan to finance the Rubengera-Muhanga road project, which stretches across 61 kilometres. The loan agreement was signed by Mohammed Saif Al Suwaidi, Director-General of ADFD, and Emmanuel Hategeka, … Read more

Dubai Investments acquires further stake in National General Insurance

DUBAI, Dubai DFM-listed investment company, Dubai Investments, has acquired an additional 15.19 percent share of National General Insurance Co. from Emirates NBD Bank through a direct deal. The aggregate ownership has now reached 45.18 percent, following the acquisition of 21.53 percent acquired through direct deal mechanism in April 2021, and the existing 8.46 percent of … Read more