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Adnoc increases size of drilling unit IPO to 11%

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) on Wednesday announced that, following approval from the UAE Securities and Commodities Authority (SCA), it increased the number of ordinary shares offered in the Initial Public Offering (IPO) of Adnoc Drilling from 1,200,000,000 ordinary shares to 1,760,000,000 ordinary shares, which equates to 11 percent of Adnoc Drilling’s total issued ...

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Dubai’s real estate deals reach AED14.97bn in August 2021

DUBAI / WAM Dubai’s real estate market is witnessing continuous growth and increased investment attractiveness on the cusp of the largest international event in the region, Expo 2020 Dubai. According to the 18th edition of Mo’asher, Dubai’s official sales price index, launched by Dubai Land Department (DLD) in cooperation with Property Finder, August 2021 is the second-highest month since December ...

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Maersk picks Jafza for its first facility in UAE

DUBAI / WAM Maersk Kanoo UAE, an integrator of container logistics, on Wednesday signed an agreement with DP World’s leading trade and logistics hub, Jebel Ali Free Zone (Jafza) to set up its first Warehousing & Distribution (W&D) facility in the UAE. Christopher Cook, Managing Director, Maersk UAE, and Abdulla Bin Damithan, CEO & Managing Director, DP World – UAE ...

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Dewa, Malta to cooperate on renewables

DUBAI / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), received Miriam Dalli, Minister of Energy, Enterprise, and Sustainable Development of Malta and Maria Camilleri Calleja, Malta’s ambassador to the UAE, to discuss bilateral cooperation in renewable energy, innovation, and sustainability. Waleed Bin Salman, Executive Vice President of Business Development and Excellence and ...

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UAE to celebrate 91st Saudi National Day today

Abu Dhabi / WAM The UAE will join Kingdom of Saudi Arabia in celebrating the Kingdom’s 91st National Day, which falls on September 23. The UAE’s official and public participation in this year’s celebrations, held under the slogan “Together Forever”, confirms the deep ties between the two countries. The strong historic relations between the two countries have guaranteed the security ...

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Expo 2020: Emirates pavilion all set to welcome visitors

Dubai / WAM Expo 2020 Dubai’s must-see aviation attraction is gearing up to open its doors to the public on October 1. Located in the Opportunity District, and within walking distance of the Al Wasl Dome, the Emirates Pavilion offers a preview for the future of commercial aviation, reframing the role that science and technology will play in the next ...

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UAEU enhances student participation in Expo 2020

AL AIN / WAM The United Arab Emirates University (UAEU) is putting the final touches to its Pavilion at Expo 2020 Dubai over the next six months. Prof Mohammed Hassan Ali, Acting Provost, explained that the University is ready to participate in this important global event and provide exceptional experiences to visitors. The programme of inspiring and creative activities that ...

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UAE condemns Houthi attempt to target Khamis Mushait with drone

Abu Dhabi / WAM The UAE has strongly condemned the Houthi terrorist militias’ attempts to attack civilians and civil objects in Khamis Mushait, Saudi Arabia, with a bomb-laden drone, which was intercepted by the Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE reiterated that these terror attacks by the Houthis reflect ...

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MBRSC launches Emirates Space Art Programme

Dubai / WAM In collaboration with Jsoor, the Mohammed Bin Rashid Space Centre (MBRSC) on Wednesday launched the Emirates Space Art Programme (ESAP), to document, capture, and share the emotions of the UAE’s historical advances into space through the culture and creative industries. ESAP will serve as a platform to bring together a wide stratum of the creative community into ...

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Sheikha Jawaher offers AED6m for young cancer patients in Lebanon

SHARJAH / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah, Chairperson of The Big Heart Foundation (TBHF) and UNHCR Eminent Advocate for Refugee Children, has allocated AED6 million worth of medications to be shipped from the UAE, to support young cancer patients in the Children’s Cancer Centre of Lebanon (CCCL), as a response to ...

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