Capital Investment

Following the final regulatory approvals of the UAE Central Bank and the UAE Ministry of Economy, Shaikh Tahnoun Bin Zayed Al Nahyan has inaugurated the head office and main branch of Reem Finance, a new financing company in Abu Dhabi with a paid up capital of Dh400 million.

ABU DHABI — Shaikh Hazza bin Zayed Al Nahyan, National Security Adviser, and Shaikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, yesterday inaugurated the first dedicated Dnata Travel Services outlet in Abu Dhabi. Modelled on Dnata's Dubai flagship office, the Dnata Travel office in Abu Dhabi will have a "One-Stop Travel Shop" concept for retail and corporate travel services, with a 24-hour hotline for customers to access travel services every day of the year.

Essdar Capital Limited will offer a full range of advisory and financial services, including arrangement of securitized, hybrid and subordinated debt. With Essdar Capital Limited's highly qualified and experienced management team responsible for some of the pioneering transactions in the region, it is exceedingly well positioned to accommodate the financing needs of the Middle East's largest issuers.