ABU DHABI/ WAM The Abu Dhabi Securities Exchange (ADX) today saw two large direct deals executed on the stocks of Eshraq Investments and National Bank of Fujairah (NBF). The two large direct deals were executed on 102.3 million shares worth AED104.3 million. According to ADX data, the first trade was executed on NBF on 15.2 million shares worth AED68.7 million ...
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SHARJAH/ WAM Expo Centre Sharjah is gearing up to organise the 19th edition of the SteelFab exhibition – the metalworking sector’s biggest event across the Middle East and North Africa. Running from 8th to 11th January, SteelFab 2024 will feature more than 600 major global brands under one roof as over 275 local and international exhibitors representing top industry leaders ...
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ABU DHABI/ WAM The new Decree Law No.57 of 2023 announced by the General Pension and Social Security Authority (GPSSA) contributes to enhancing an insured Emiratis chance in obtaining a retirement pension by merging employment years at no cost, thereby increasing the possibility in obtaining a pension and/or end-of-service gratuity once ready to retire. Once an insured chooses to merge ...
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ABU DHABI / WAM The Transition Investment Lab (TIL) has officially joined Stern at NYU Abu Dhabi, further strengthening the one-year full-time MBA Programme’s offerings and expertise in the field of impact investing and global finance related to sustainability. TIL is a centre of excellence and knowledge hub for impact finance and sustainability research, with special reference to sovereign wealth ...
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ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) announced that it has successfully completed the first ever Atmospheric Research Expedition in the Arabian Gulf onboard its state-of-the-art marine research vessel — Jaywun. The agency was the first organisation in the world to conduct atmospheric research from Spain to Abu Dhabi, which covered 25 countries and eight seas ...
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ABU DHABI / AD MEDIA OFFICE Under the patronage of the Presidential Court, Majalis Abu Dhabi has hosted a group wedding at Majlis Al Markhaniya. The ceremony, which took place as part of a series of group weddings, aimed to enhance family stability and community cohesion in Abu Dhabi. The group wedding participants included People of Determination, as part of Zayed ...
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SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council (SEC), chaired, on Tuesday, the meeting of the SEC, in the presence of HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the Sharjah Executive Council, held ...
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DUBAI/ WAM Hatta, Dubai’s captivating mountain town, has been rising in global and regional profile over the last few years as a prominent travel destination. Often referred to as the ‘Highlands of Dubai’, Hatta has transformed into one of the Middle East’s most enchanting cultural, entertainment and adventure tourism hubs offering a unique mix of thrilling outdoor activities, rich historical ...
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ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has offered his condolences to His Excellency Dr. Mohamed Saeed Al Badi, on the passing of his mother at the mourning majlis in Al Ain. His Highness passed on his deepest sympathies to the ...
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ABU DHABI/ WAM Institutional investors have notably boosted their acquisition of domestic stocks in 2023, enticed by the diverse investment prospects and the opportunity to engage in the strong expansion of the country’s economy. Furthermore, prominent global and regional institutions consider local listed companies highly attractive for their investment strategies. Data from the Abu Dhabi and Dubai markets reveals that ...
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