ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory cable to Zoran Milanović, President of the Republic of Croatia, on the occasion of his re-election for a new presidential term. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...

ABU DHABI/WAM The Ministry of Economy’s NextGen FDI initiative has partnered with Climate First, a leading European private equity firm specialising in climate innovation investments, to advance the UAE’s climate-tech ecosystem. The partnership, which will see Climate First bring its portfolio companies to the UAE for networking, partnership and expansion opportunities, was cemented with the inaugural Climate First UAE Roadshow, ...

ABU DHABI/WAM Sheikh Khalifa bin Tahnoon bin Mohammed Al Nahyan, Chairman of the Abu Dhabi Crown Prince Court, has attended inauguration of the 2nd Khaled bin Mohamed bin Zayed Jiu-Jitsu Championship, taking place at Mubadala Arena, Abu Dhabi, until 19th January 2025. During his visit to the championship, Khalifa bin Tahnoon bin Mohammed Al Nahyan observed the playing of the ...

ABU DHABI/WAM The UAE’s stock markets experienced substantial growth in 2024, driven by a robust economy, foreign investments, and IPOs. Both the Abu Dhabi Securities Exchange and the Dubai Financial Market saw significant increases in their market cap and trading volumes. This growth solidified the UAE’s position as a leading investment destination in the region. At the end of 2024, ...

ABU DHABI/WAM Finstreet Limited, an IHC Group company through Rorix Holdings, has officially launched its subsidiaries that operate a first-of-its-kind international securities market infrastructure at Abu Dhabi Finance Week (ADFW). The launch follows the receipt of necessary licences from the Financial Services Regulatory Authority (FSRA) of ADGM, and also includes welcoming institutional investors to register from today to access this ...

ABU DHABI / WAM Mair Group, a strategic investment group focused on food retail and commercial real estate, is now listed on the Abu Dhabi Securities Exchange (ADX) under the trading symbol “MAIR”. Mair Group’s shares are available to institutional and individual investors reflecting the company’s commitment to market accessibility. The company’s shares commenced trading at a reference price of ...

ABU DHABI / WAM Lulu Retail Holdings PLC on Wednesday announced the successful completion of the bookbuild and public subscription process for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX). Lulu Retail confirms the final offer price for its ordinary shares has been set at AED2.04 per Share, pricing at the top of the previously announced ...

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 ...