ABU DHABI / WAM Adnoc Distribution announced on Wednesday the approval of an interim dividend payment to shareholders for the first six months of 2022 of AED1.285 billion (10.285 fils per share), equivalent to $350 million. This is the first payment of what is expected to be a full-year 2022 dividend payment of minimum AED2.57 billion (20.57 fils per ...
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Muscat / WAM A delegation from the Emirates News Agency (WAM) on Wednesday signed a media cooperation agreement with the Oman News Agency (ONA), on the sidelines of the official two-day visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the Sultanate of Oman. The agreement aims to strengthen their cooperation in exchanging news and organising ...
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ABU DHABI / WAM International Holding Company (IHC) announced on Wednesday the completion of a 54% stake acquisition in Emircom, the Middle East’s leading information and communications technology (ICT) provider, through its subsidiary, IHC Digital. This AED250 million transaction comes as part of the IHC’s group-wide strategy to grow its digital assets portfolio and expand into new growth areas. ...
Read More »ABU DHABI / WAM CNN Academy Abu Dhabi opened its doors for 2022 with a new group of 30 aspiring journalists eager to learn from experts at the world’s leading news brand. Becky Anderson, Managing Editor of CNN Abu Dhabi and Anchor of Connect the World, met the participants at twofour54’s Yas Creative Hub for a series of introductory ...
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Abu Dhabi / Gulf Time Abu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, announced the expansion of its popular Interactive Teller Machines (ITM) network with the addition of two new machines in Marina Mall, Abu Dhabi, and Oud Al Toba branch in Al Ain. The bank has witnessed a rapid growth in ITM usage year-on-year as of ...
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Sharjah / WAM Beeah group and Green Planet, Egypt’s emerging environmental services company, have formed a partnership to deliver a landmark ten-year contract in Sharm el-Sheikh. The development comes ahead of Cop27, which will be held in Sharm el-Sheikh, between November 6-18. In the presence of Dr. Mostafa Madbouly, Prime Minister of Egypt; Khaled Al Huraimel, Group CEO of ...
Read More »ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Serdar Berdymukhamedov of Turkmenistan, on the occasion of his country’s Independence Day, which is celebrated annually on September 27. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...
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TBILISI / WAM The first round of talks to reach a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Republic of Georgia are ongoing in the Georgian capital, Tbilisi. The agreement aims to drive economic growth in the two countries and boost the deep and growing relations between the two countries. Dr. Thani bin Ahmed Al Zeyoudi, Minister ...
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DUBAI / WAM Ducab group has been awarded the full EPC (engineering, procurement & contracting) contract to supply and install 400 kV cables and accessories to link Al Dhafra, the world’s largest solar plant in Abu Dhabi, with the emirate’s main Transco transmission grid (Abu Dhabi Transmission and Despatch Company) through its specialised division, Ducab HV. This collaborative project ...
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Abu Dhabi / WAM Emirates Global Aluminium (EGA) continued its collaboration with Abu Dhabi’s Human Resources Authority (HRA) by holding a recruitment drive in Abu Dhabi to attract young UAE nationals. More than 50 UAE nationals were shortlisted for places on EGA’s long-running National Training Programmes, following interviews with EGA representatives at the recruitment drive. Successful candidates will undergo ...
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