News

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 visited the 21st Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX), organised by the Emirates Falconers’ Club. The event is taking place at ADNEC Centre Abu Dhabi until 8th September 2024, under the theme “Embracing the ...

RAS AL KHAIMAH/WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, welcomed this year’s cohort of 67 outstanding students and graduates from the Scholarship Office, managed by the Sheikh Saud bin Saqr Al Qasimi Foundation for Policy Research on behalf of the Ras Al Khaimah Government. During the reception at Al Diyafa ...

ABU DHABIWAM Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, confirmed shareholder approval by its General Assembly Meeting (GAM) on 30th August of its half-year 2024 interim cash dividend of $650 million, or 7.94 fils per share, representing an annualised dividend yield of 6.3%. At the meeting, the company also reaffirmed its intention to pay ...

ABU DHABI/WAM TRENDS Research & Advisory has participated in the first UAE-China Think Tanks Forum in Beijing, organised by the UAE Embassy in China. The Centre expressed its appreciation for this initiative, which reflects the growing recognition of think tanks in today’s world and highlights the deep historical, cultural, and economic ties between the UAE and China. During his speech ...

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President To Lam of the Socialist Republic of Vietnam on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al ...

DUBAI/WAM DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong. The acquisition process is officially complete, with plans for full integration over the next few months. The combined team will put together all required resources to ensure a smooth integration process, prioritising operational continuity and delivering to ...

ABU DHABI/WAM The Abu Dhabi Securities Exchange (ADX) announced today the listing of Abu Dhabi Future Energy Company PJSC – Masdar Green Bonds, with a total amount of US$1,000,000,000 in two tranches starting Tuesday 3rd September 2024. As per the pricing terms, the issue size of the first Green Bonds tranche is $500,000,000 with a fixed interest rate of 4.875 ...

DUBAI/WAM The Emirates Institute of Finance has announced the launch of Cohort 3 of the “Ethraa” programme, set to begin in September 2024 and conclude by year-end. The announcement was made during a ceremony held at the institute’s campus in Dubai. This phase of the programme is designed to train over 500 Emirati Talents who were recruited during the third ...

ABU DHABI/WAM Silal, the UAE’s leading food and technology company, has entered into an agreement to acquire a majority stake in Al Bakrawe Holding, a leading regional importer, exporter and distributor of fresh fruits and vegetables based out of the UAE. The acquisition makes Silal one of the UAE’s largest and most innovative suppliers of fresh produce. Al Bakrawe’s global ...

DUBAI/WAM Network International (Network), a leading enabler of digital commerce in the Middle East and Africa, has signed a referral partnership with Zand, the UAE’s first digital bank, aimed at enhancing and expanding financial services for fintechs and startups in the region. The partnership leverages Network’s expertise in card processing to support Zand’s objective of being a digital economic accelerator ...