Local News

ABU DHABI/WAM Abu Dhabi National Oil Company (ADNOC) and OCI Global (OCI) Friday announced that they have entered into a sale and purchase agreement (SPA) for the acquisition by ADNOC of OCI’s entire majority shareholding in Fertiglobe plc. Fertiglobe is listed on the Abu Dhabi Securities Exchange (ADX) and is the world’s largest seaborne exporter of urea and ammonia combined, ...

ABU DHABI/WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Office of Development and Martyrs Families Affairs at the Presidential Court, has attended Emirates College for Advanced Education’s graduation ceremony, held for 292 graduates who completed academic programmes across five years. Held under the theme “Transforming Tomorrow Together”, the ceremony took place at Abu Dhabi National ...

ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has chaired the council’s meeting, during which he approved a budget of over AED65 billion for new capital projects and gave directives to advance the Emirati culture and heritage ecosystem in Abu Dhabi. H.H. Sheikh Khaled approved ...

ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed during a telephone conversation with Elina Valtonen, Minister of Foreign Affairs of Finland, the latest developments in the region, and their fallout at the humanitarian and security levels. During the call, the two top diplomats explored ways to boost regional and global efforts to de-escalate the ...

SHARJAH/WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has sent a message of condolences to the Custodian of the Two Holy Mosque King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy over the passing of the mother of Prince Bandar bin Abdullah bin Turki bin Abdulaziz ...

ABU DHABI/WAM The Department of Government Enablement – Abu Dhabi (DGE), in partnership with the Department of Economic Development (ADDED), has hosted the third Abu Dhabi Government Leadership Retreat to boost creative leadership and bolster productive collaboration among leaders in the government sector of the emirate. Held under the theme Falcon Economy, the retreat was attended by 33 delegates representing ...

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy on the passing of Prince Bandar bin Mohammed bin Saud Al Kabeer Al Saud. His Highness Sheikh Mohammed bin Rashid ...

ABU DHABI/WAM Abu Dhabi Commercial Bank (ADCB) has signed an agreement to divest 80 percent stake in its wholly owned property management subsidiary Abu Dhabi Commercial Properties (ADCP) to Nine Yards Plus Holding, a real estate subsidiary of EIH Ethmar International Holding (EIH). The transaction values Abu Dhabi Commercial Properties at AED 591 million and the Bank will register a ...

ABU DHABI/WAM Abu Dhabi Securities Exchange (ADX) announced today that it has signed an agreement with Tajikistan’s Central Asian Stock Exchange (CASE), paving the way for CASE to join the Tabadul platform. While this strategic partnership has been established, the go-live implementation should take place early next year. Once operational, investors will gain the ability to directly trade on both ...

ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has visited the Liwa International Festival (Moreeb Dune 2024). The event, held under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, is organised by the Liwa Sports Club ...