DUBAI/WAM After an action-packed two days where GITEX Global 2024 presented exhilarating events and exhibitions across technology’s new frontiers, participants examined the existing and future cybersecurity landscapes with the world’s foremost experts. Taking place from October 14 to 18 at Dubai World Trade Centre (DWTC), GITEX Global is the world’s largest and best-rated tech event. It presents a record-breaking 44th ...

ABU DHABI, GAZA/WAM The Joint Operations Command of the Ministry of Defence announced the implementation of the 51st airdrop of humanitarian and relief aid as part of the ‘Birds of Goodness’ operation. The UAE is continuing its efforts to support families in isolated areas that are difficult to reach. The total amount of aid dropped since the launch of the ...

ABU DHABI/WAM Adnoc announced on Thursday the deployment of AIQ’s Advanced Reservoir 360 (AR360) solution on more than 30 reservoirs across Adnoc’s upstream operations, following the solution’s successful initial deployment in early 2024 on two Adnoc reservoirs at Bab and Umm Shaif fields. Developed by AIQ with SLB as part of ENERGYai, Adnoc’s artificial intelligence and digital technology strategy, AR360 ...

ABU DHABI/WAM The Abu Dhabi Securities Exchange (ADX) saw today 44 large direct deals executed on the stock of Fertiglobe. According to market data, the trade was executed on 4.15 billion shares with a value of AED13.28 billion at an execution price of AED3.2 per share. Large direct transactions are deals executed outside the order book and do not affect ...

ABU DHABI/WAM Abu Dhabi Securities Exchange (ADX) announced on Monday that the name of “Bayanat AI PLC” will be officially changed to “Space42 PLC”, following its merger with Al Yah Satellite Communications Company PJSC, set to commence on 1st October, 2024. In a circular issued on Monday, ADX said that trading of the new shares of Bayanat AI PLC (resulting ...

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has received the award for Best Islamic Stock Exchange 2024 by the Global Islamic Finance Awards (GIFA). The GIFA award committee recognised ADX for its efforts and contributions to the Islamic finance sector. In its evaluation, the committee considered several key factors, including the market capitalisation of Sharia-compliant financial instruments listed ...

ABU DHABI/WAM The Abu Dhabi Securities Exchange (ADX) saw on Friday a large direct deal executed on the stocks of International Holding Company (IHC). According to market data, the trade was executed on 10.7 million shares with a value over AED4.38 billion at an execution price of AED409.3 per share. Large Direct transactions are deals executed outside the order book ...

ABU DHABI/WAM NMDC Energy PJSC, a provider of engineering, procurement and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC, today began trading on the Abu Dhabi Securities Exchange (ADX) following an Initial Public Offering (IPO) that was oversubscribed by 31.3 times. Mohamed Hamad Ghanem Hamad Almehairi, Chairman of NMDC Energy, led the ...