Browsing: Development

The Eurasian Development Bank (EDB), a leading multilateral development bank fostering economic growth in the Eurasian region, has redeemed its five-year Eurobond issue (ISIN XS2315951041). The total amount paid to investors at redemption was 286 million euro, comprising the final coupon payment and repayment of the outstanding principal. The Eurobonds were originally issued under the […] The post EDB Redeems Five-year Eurobonds in Full, Meeting all Obligations to Investors appeared first on Web-Release.

Khalifa Fund for Enterprise Development (KFED) signed a Memorandum of Understanding (MoU) with Keeta, the on-demand food delivery platform backed by global technology leader Meituan, to empower Emirati entrepreneurs in Abu Dhabi’s food and beverage (F&B) sector and accelerate their integration into the digital economy. Through this collaboration, both parties aim to strengthen the presence […] The post Khalifa Fund signs MoU with Keeta to empower Emirati homegrown concepts and SMEs in the F&B sector and accelerate their integration into the digital economy appeared first on Web-Release.

AtkinsRéalis, the global design and engineering firm, and Futurecity, the cultural placemaking agency, have signed a strategic Memorandum of Understanding at MIPIM 2026 to advance culture-led urban development across global markets. The partnership will initially focus on the Middle East, where major investment in arts, culture and destination development is reshaping cities. A core part […] The post A New Model for City Making: AtkinsRéalis and Futurecity Announce Global Partnership at MIPIM appeared first on Web-Release.

The Mohammed bin Rashid Al Maktoum Knowledge Award (MBRKA) continues to strengthen its role as a prominent global platform that recognizes individuals and organizations making exceptional contributions to the advancement of knowledge. By celebrating groundbreaking achievements that benefit millions around the world, MBRKA reflects the UAE’s vision to position knowledge as a fundamental pillar of […] The post Mohammed bin Rashid Al Maktoum Knowledge Award honors minds shaping future of humanity appeared first on Web-Release.

The Endowments and Minors’ Funds Authority – Awqaf Abu Dhabi has signed a Memorandum of Understanding with MAIR Group PJSC (ADX: MAIR) (“MAIR” or the “Group”), a strategic investment company focused on grocery retail and commercial real estate in the UAE, to implement a portfolio of development projects valued at AED 200 million on Awqaf […] The post Awqaf Abu Dhabi Signs MoU with MAIR Group to Deliver AED 200 million Development Projects appeared first on Web-Release.

Emirati Children’s Day is an annual occasion on which the UAE, through its institutions and all segments of the society, reaffirms its steadfast commitment to empowering children and safeguarding their rights. It reflects the nation’s holistic approach, guided by the vision of our wise leadership, which places people at the heart of sustainable development. This […] The post Statement by H.E. Dr. Ahmad Saeed bin Meshar Al Muhairi, SLC Secretary General, On Emirati Children’s Day 2026 appeared first on Web-Release.

The Emirati Human Resources Development Council (EHRDC) in Dubai convened its first Board of Directors meeting for 2026 at the Council’s headquarters to enhance Emirati talent integration within the labour market, while following up on the implementation of innovative initiatives aimed at facilitating private-sector employment for UAE nationals. The meeting also marked the commencement of developing the Council’s […] The post Emirati Human Resources Development Council in Dubai holds first board meeting of 2026 appeared first on Web-Release.

“On Zayed Humanitarian Day, we reflect upon a deeply rooted humanitarian legacy established by the late Sheikh Zayed bin Sultan Al Nahyan, may he rest in peace. Through his vision, giving was transformed into a civilizational value, humanity into the core of development, and goodness into a responsibility that transcends borders and geography. This occasion […] The post A Statement by H.E. Dr. Mansoor Al Awar Chancellor of Hamdan Bin Mohammed Smart University on the Occasion of Zayed Humanitarian Day appeared first on Web-Release.

Union Properties PJSC (“Union Properties” or “the Company”) (DFM: UPP), one of the UAE’s leading master developers, has entered into a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Industrial Liaison Program (MIT ILP). The membership positions Union Properties within an international network of organisations engaging directly with MIT’s world-class academic, research, and entrepreneurial ecosystem. Through this […] The post Union Properties Joins MIT’s Industrial Liaison Program to Accelerate Technology-Led Transformation in Real Estate appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is supporting aluminium production in Egypt by providing a loan of up to €13.7 million to Alumil Misr for Trade & Industry SAE, the Egyptian subsidiary of ALUMIL SA. The EBRD’s financing will fund the construction and installation of a new aluminium extrusion line at the subsidiary’s […] The post Loan of up to €13.7 million for Alumil Misr will expand manufacturing capacity and boost industrial competitiveness appeared first on Web-Release.