Abu Dhabi / WAM Adnoc Gas on Thursday announced the offer price range and the opening of the subscription period for its IPO on the Abu Dhabi Securities Exchange (ADX). The price range for the offering has been set between AED2.25 to AED2.43 per share, implying an equity value of $47.0 billion to $50.8 billion (AED172.7 billion to AED186.5 ...
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UAE’s trade with Azerbaijan up 270% to AED10.2bn in 5 years
Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that the UAE-Azerbaijan economic and trade relations are witnessing steady development, noting that the value of their non-oil trade increased by over three times during the past five years. In a statement to the Emirates News Agency (WAM), Al Zeyoudi stated that ...
Read More »UAE medical delegation briefed on needs of health sector in Syria
LATAKIA / WAM The UAE medical delegation, headed by Dr Salem Alfalasi, made a field tour and inspected the Martyr Major General Hamza Nofal National Hospital, the AlBasel Heart Hospital and the Maternity and Children Hospital in Latakia Governorate, Syria. During the visit, which is part of operation “Chivalrous Knight / 2â€, the delegation was received by Dr. Hawazen Makhlouf, ...
Read More »Dubai Chambers unveils six new food business groups
Dubai / WAM Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has launched six business groups within the F&B industry for HORECA traders, meat and poultry, bakeries, organic food, groceries as well as hypermarkets and supermarkets sectors. “We are on track to reach our goal of setting up 100 business groups by March 2023. ...
Read More »ADJD boosts volunteering efforts with new drive
Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) has stepped up volunteering initiatives by launching an expanded campaign titled ‘Voluntary Service: A Culture and a Commitment’, with the formation of the Judicial Department Volunteer Team (Dhukhr). The launch of this volunteer campaign is part of the ADJD’s involvement in community outreach, in line with the directives of ...
Read More »Stage set for third round of 22ft Rabdan Dhow sailing race
Abu Dhabi / Gulf Time The stage is set for the third round of 22ft Rabdan Dhow sailing race. Organised by Abu Dhabi Marine Sports Club as the part of Maritime Heritage Festival, the race to be held off the heights of Lulu Island at 3pm on Friday. More than 50 dhows had confirmed their entry for this round. The ...
Read More »UAE rescue mission enters recovery, rehabilitation stage in Syria, Türkiye
Abu Dhabi / WAM The UAE’s Joint Operations Command has announced that the “Chivalrous Knight / 2” operation has entered the recovery and rehabilitation stage to support those affected by the earthquake in Syria and Türkiye. The Joint Operations Command — through maritime aid corridor — will mobilise humanitarian, food, and medical assistance while continuing the operations through the existing ...
Read More »UAE, Saudi non-oil trade jumps 9% to AED136 billion in 2022
Abu Dhabi / WAM Preliminary data from the Federal Center for Competitiveness and Statistics indicates that non-oil trade exchange between the UAE and Saudi Arabia in 2022 experienced a growth rate of 9%, reaching AED136.09 billion, compared to AED124.6 billion at the end of 2021. Over the period of 2013-2022, non-oil trade between the two countries increased by 70%, ...
Read More »UAE leaders wish King Salman on Saudi Arabia’s Founding Day
Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, have sent congratulatory messages to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the Founding Day of ...
Read More »Day-3: AED5.8bn worth of deals inked at Idex, Navdex
Abu Dhabi / WAM Tawazun Council signed nine deals, worth AED5.7 billion, with local and international companies on behalf of the Ministry of Defense, and two deals worth AED134 million on behalf of Abu Dhabi Police on the third day of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) 2023, bringing the total number contracts signed ...
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