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ABU DHABI / WAM Al Seer Marine, the global player across multiple marine sectors and a subsidiary of the International Holding Company (IHC), has secured a major cornerstone investment in Adnoc Logistics & Services PLC, the global energy maritime logistics leader with share value of AED 257 million ($70 million). The move comes as part of the company’s strategy to ...

ABU DHABI / WAM Adnoc Logistics & Services, a global energy maritime logistics leader, on Tuesday announced the offer price range and the opening of the subscription period for its initial public offering (IPO) on the ADX. The price range for the offering has been set between AED1.99 to AED2.01 per share, implying an equity value of $4.01 billion to ...

DUBAI / WAM In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to develop an integrated system to support the growth of family businesses, HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of ...

ABU DHABI / WAM Dr Bader Abdullah Al Matrooshi, UAE ambassador to Vietnam, met with General To Lam, Minister of Public Security of Vietnam. During the meeting, they discussed strengthening relations between the two countries in areas of common interest. Al Matrooshi stressed the depth of relations between the two countries and the keenness of the UAE leadership to reinforce ...

LONDON / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Grant Shapps, Secretary of State for the Department for Energy Security and Net Zero of the UK. During the meeting, which took place as part of HH Sheikh Abdullah’s working visit to London, the two sides discussed the friendly relations and ...

ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has issued a Resolution appointing Dr Noura Khamis Al Ghaithi as Undersecretary of the Department of Health – Abu Dhabi (DoH).

DUBAI / WAM Dubai Integrated Economic Zones Authority (Diez) welcomed a high-level delegation from Curaçao Island within the Kingdom of the Netherlands at the Dubai Airport Free Zone (Dafz) to discuss future bilateral cooperation and investment opportunities. Amna Lootah, Director-General of Dubai Airport Freezone (Dafz), and Dr Juma Al Matrooshi, Director-General of Dubai Silicon Oasis (DSO), welcomed the delegation, which ...

ABU DHABI / WAM Khalifa Fund for Enterprise Development (Khalifa Fund) has signed a memorandum of understanding with Wio Bank PJSC — the region’s first platform bank — to support Khalifa Fund members with access to fast, flexible, and secure banking and financial services from Wio Business, the SME-tailored business banking application from Wio Bank. Through the partnership, the two ...

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court, and Chairman of the Board of Directors of the Mubadala Investment Company, chaired the meeting of the company’s board held in Qasr Al Watan in Abu Dhabi. HH Sheikh Mansour opened the meeting by lauding the company’s performance ...

ABU DHABI / WAM Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Airbus, to support the development and growth of the global sustainable aviation fuel market. The signing ceremony was held in the presence of Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President-Designate, Guillaume Faury, Chief Executive Officer, ...