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Adnoc, Borealis to list 10% of chemical JV Borouge on ADX

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc), together with its long-standing partner Borealis AG, on Wednesday announced an intention to float 10 percent of Borouge plc, their petrochemicals joint venture, on the Abu Dhabi Securities Exchange (ADX) through an initial public offering (IPO). The offering is expected to open on May 23, subject to regulatory approvals ...

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UAE president receives Czech president’s letter

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a letter from President MiloÅ¡ Zeman of the Czech Republic regarding the development of relations between the two countries. The letter was delivered to His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, by Jiří Slavík, Ambassador of ...

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Abu Dhabi, SAP enter deal to accelerate digital shift

Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (Added) signed a memorandum of understanding (MoU) with the leading provider of enterprise business software, SAP. As part of the agreement, the parties will explore collaboration opportunities to enhance industry innovation and digital transformation, develop advanced business models, nurture Emirati talent, and foster local digital competencies, particularly through supporting ...

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ADX facilitates investors access to growing market opportunities

  Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) has announced that it is facilitating access to the exchange for investors registered on other UAE financial markets. The ADX initiative applies to investors with investor numbers issued by other exchanges licenced by the Securities and Commodities Authority (SCA). The initiative, which promotes increased participation in the country’s capital markets, ...

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Adafsa awards AED310m contracts to build 2 farms

  Abu Dhabi / WAM The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) signed two Musataha contracts with two local private sector companies to build and operate two farms, one in Al Ain and the other in Abu Dhabi, with a total value of around AED310 million. The first Musataha contract was signed with Emirates Hydroponics Farms to build ...

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Sheikh Mohamed well-informed to handle Mideast issues

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan is a well-informed person who knows how to handle the issues across the Middle East, Luxembourg’s head of state told the Emirates News Agency (WAM). “I met him on a few occasions, and I think he is a very well-informed person in the world. He is a ...

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Adafsa awards AED310mn contracts to build two farms

  Abu Dhabi / WAM The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) has signed two Musataha contracts with two local private sector companies to build and operate two farms, one in Al Ain and the other in Abu Dhabi, with a total value of around AED310 million. The first Musataha contract was signed with Emirates Hydroponics Farms to ...

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Deal to accelerate digital transformation in Abu Dhabi signed

  Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (Added) signed a memorandum of understanding (MoU) with the leading provider of enterprise business software, SAP. As part of the agreement, the parties will explore collaboration opportunities to enhance industry innovation and digital transformation, develop advanced business models, nurture Emirati talent, and foster local digital competencies, particularly through ...

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Dubai’s RTA resumes 4 intercity bus services

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) is restoring 4 intercity bus services as of May 19, especially with life returning to normal in the wake of the Covid-19 pandemic, and the growing demand for buses across these routes. “The four intercity bus routes to be resumed from Dubai are: E100 from Al Ghubaiba Bus Station to ...

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UAE, Turkmenistan discuss bilateral cooperation

  ABU DHABI / WAM Ahmed Ali Al Sayegh, Minister of State, has held a virtual meeting with Turkmen Deputy Prime Minister and Foreign Minister Rashid Meredov to discuss the cooperation between the UAE and Turkmenistan. During the meeting, Al Sayegh conveyed, to Meredov, the greetings of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister ...

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