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DUBAI / Reuters Saudi Arabia is increasingly looking to just float oil giant Saudi Aramco locally as plans for an initial public offering (IPO) on an international exchange such as London or New York hang in the balance, sources close to the process said. The kingdom is counting on being awarded emerging market status by index complier MSCI in June ...

ABU DHABI / WAM National Central Cooling Company (Tabreed) announced the acquisition from Aldar Properties (Aldar) of 50% of the shares in S&T Cool District Cooling Company (S&T), a major district cooling provider on Reem Island in Abu Dhabi. Tabreed will own 100% of the company following completion of the transaction, subject to relevant regulatory approvals. S&T’s district cooling plant ...

Amman / WAM King Abdullah II of Jordan has received HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, as part of his visit to Jordan, in the presence of Ayman Al Safadi, Jordanian Minister of Foreign Affairs and Expatriates. Sheikh Abdullah conveyed the greetings of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Russian President Vladimir Putin, in a telephone conversation discussed friendship and cooperation relations between the two countries. The two sides reviewed bilateral relations and ways to further develop them in the interest of ...

Khartoum / WAM Wedad Babiker, Chairperson of the Sanad Charity Foundation and wife of the Sudanese President, inaugurated the ‘Sheikha Fatima Field Hospital for Women and Children’ in Sudan. The hospital is part of an initiative launched by HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and ...

Abu Dhabi / Emirates Business Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, has signed a strategic collaboration agreement with ADD Military Supplies LLC and Chantier Naval Couach, a major French marine services provider and shipbuilder of defense and rescue vessels, as well as luxury yachts. The ...

Abu Dhabi / WAM Abu Dhabi City Municipality, through its Centre in Al Wathba, has recently launched an extensive inspection and awareness campaign to tackle crowded housing accommodations in commercial buildings in a number of areas in Baniyas, Shawamekh, and Al Wathba. The campaign aimed to ensure that health and safety standards are met, with inspections also carried out on ...

Dubai / WAM Wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, has broken a Guinness World Records title for the largest aerial projection screen in the sky, in celebration of the Year of Zayed 2018. The record-breaking effort is part of Wasl’s wider efforts to unite the country in commemorating the UAE’s ...

Dubai / Emirates Business The Federation of UAE Chambers of Commerce and Industry in cooperation with the Dubai Chamber of Commerce and Industry, the UAE Ministry of Economy and the SEV Hellenic Federation of Enterprises hosted the UAE-Greek Business Forum in Dubai, which explored trade and investment opportunities in both countries. The forum, held at Dubai Chamber’s premises, was attended ...

Dubai / WAM Expo 2020 Dubai has launched a new career portal to allow talented and ambitious individuals to join the ranks of its expanding team. To meet its constantly evolving needs, the career portal will allow individuals to easily access the latest job opportunities available, and is regularly updated with new positions, ranging from entry to director level. The ...