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Bloomberg Sweden’s biggest online platform for property classifieds, Hemnet Group AB, is targeting a valuation of as much as $1.4 billion when it launches an initial public offering in Stockholm later this month. The IPO price range is expected to be 95 to 115 kronor per ordinary share, equating to a market value for all the listed ordinary shares of ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the ‘National Behavioural Reward Programme’ on Saturday morning at Qasr Al Watan in Abu Dhabi. The programme is one of the initiatives of the Department of Behavioural Rewards of the Ministry of Possibilities to support and ...

Dubai / WAM Dubai Customs announced the completion of five million transactions in the first quarter of this year, according to latest figures. This is equivalent to double the number of transactions in the same period in pre-pandemic 2019, and 20 percent more than Q1 2020, in which 4 million transactions were completed, according to a Dubai Customs statement on ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has signed a Memorandum of Understanding (MoU) with Ajou University, a leading research institution based in Gyeonggi-do, South Korea. The MoU will provide a framework for collaboration for research & development (R&D) and innovation in the energy fields. The MoU was signed by Mohamed Ibrahim AL Hammadi, the Chief Executive ...

Abu Dhabi / WAM The Abu Dhabi Department of Education and Knowledge (Adek) has formally inaugurated the all-new Al Karamah Training Institute (AKTI), a tailored education centre providing the Students of Determination in the emirate with an increasing level of independence and access to vocational training in eight main areas of specialisation. The institute was officially opened during a tour ...

Bloomberg President Joe Biden welcomed Japan’s Prime Minister Yoshihide Suga to the White House for conversations centred on a growing concern for both leaders: what to do about China. Suga said he and Biden agreed to pursue collaboration on climate change, Covid-19 and the global shortage of semiconductors. But China’s increasingly assertive role in the region loomed large in the ...

Abu Dhabi / WAM The Abu Dhabi School of Government (ADSG) and the Civil Service College of Singapore (CSC), the agency specialised for training, learning, and staff development of the country’s public sector, has signed a Memorandum of Understanding, fostering an ongoing exchange of knowledge in the fields of public sector leadership, governance, public administration and management. The CSC is ...

Dubai / WAM Enoc group has announced the opening of two new service stations in Sharjah, bringing the total number of Enoc’s service stations to seven in Sharjah and 152 across the UAE. Located in Muzairah and Homa in Sharjah, the service stations are part of the 12 stations scheduled for completion in Sharjah by the end of the year ...

Abu Dhabi / WAM Ataya, since its launch in 2012, has become a hallmark in the field of social and humanitarian work in the UAE and the world, making tangible differences in the lives of many. Now in its 10th year, Ataya, meaning ‘giving’ in Arabic, will be held as an online shopping destination during the Holy Month of Ramadan ...

ABU DHABI / WAM The Ministry of Economy (MoE) revealed that the total number of commercial agencies registered in the UAE markets across various sectors reached 5,944 by the end of last year. In addition to the 348 new agencies registered during 2020, 65 new agencies were registered during the first quarter of this year. The ministry emphasised that it ...