Dubai / WAM Dubai Chamber of Commerce – one of three chambers operating under Dubai Chambers – revealed that its membership increased 55.4% in April, while member exports and re-exports grew by 16.7%, compared to the same period last year. The new member companies joining Dubai Chamber of Commerce in April 2022 reached 3,056, bringing the chamber’s total membership ...
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Adnoc sets Borouge’s IPO offer price at AED2.45
Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc), together with its long-standing partner Borealis AG, on Monday announced the offer price for the initial public offering (IPO) of Borouge plc, their petrochemicals joint venture, on the Abu Dhabi Securities Exchange (ADX). The price per share for the offering has been set at AED2.45, implying an equity value ...
Read More »Sheikh Mohamed will continue UAE’s prosperous, tolerant march
Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan will continue the UAE’s march of prosperity and tolerance, New Zealand’s Governor General Dame Cindy Kiro told the Emirates News Agency (WAM). “I am in no doubt that His Highness Sheikh Mohamed bin Zayed will continue the UAE’s onward march in building its prosperous and tolerant society. ...
Read More »EGA, GE ink deal to upgrade gas turbines in Al Taweelah
Abu Dhabi / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, and GE Gas Power signed an agreement to upgrade four existing GE 9F gas turbines at EGA’s Al Taweelah power plant, reduce greenhouse gas emissions intensity, and contribute to the UAE’s Net Zero by 2050 Strategic Initiative. GE’s Advanced Gas ...
Read More »SCRF continues to spread joy of reading among children
Sharjah / WAM Over 12 days, the 13th edition of the Sharjah Children’s Reading Festival (SCRF) took more than 112,350 visitors of all age groups and backgrounds on a journey to new worlds of learning and entertainment. With spaces attractively designed to stimulate thought and creativity, Expo Centre Sharjah spoilt cultural enthusiasts for choice with the festival’s vast offering ...
Read More »Tradeling’s revenue grows by record 35% month on month
Dubai / WAM The global pandemic, combined with the accelerated adoption of digital technologies, has driven significant shifts in B2B e-commerce and the retail sector in Dubai, leading to the city reinforcing its position as a leading regional and global trading and commercial hub. The shifts are exemplified by a new trading trend that has emerged among companies in ...
Read More »Abu Dhabi International Book Fair opens at Adnec
Abu Dhabi / WAM The 31st edition of the Abu Dhabi International Book Fair (Adibf, organised by the Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), begins on Monday under the theme ‘Inspire, Innovate, Enrich’. The Fair, running from May 23-29 at the Abu Dhabi National Exhibition ...
Read More »UAE fully prepared to deal with monkeypox: Ministry
Dubai / WAM The Ministry of Health and Prevention (MoHAP) has stressed that the UAE’s health system is fully prepared to handle the spread of monkeypox, adding it is proactively investigating and closely monitoring any suspect cases. Monkeypox is a viral zoonotic disease that occurs primarily in tropical rainforest areas of Central and West Africa and is occasionally exported ...
Read More »Expo Centre Sharjah delays jewelry show
SHARJAH / WAM The Expo Centre Sharjah announced that it has decided to postpone the 3rd edition of the Jewels of Emirates Show due to the country’s 40-day mourning period following the passing of Sheikh Khalifa bin Zayed Al Nahyan. The event, which was originally set for June 2nd to 5th, has been rescheduled to June 30 to July ...
Read More »UAE committed to inalienable rights of Palestinians to independent state
Abu Dhabi / WAM Saqr Ghobash, Speaker of the Federal National Council, has affirmed that the Palestinian cause has always been at the heart of the foreign policy priorities of the UAE since its establishment, and that the UAE, politically and diplomatically, stood shoulder to shoulder with sisterly countries against all Israeli measures and decisions that have aimed to ...
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