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DUBAI / WAM Nakheel, part of Dubai Holding Real Estate, has awarded three major contracts valued at over AED 5 billion for the construction of ultra-luxury villas on the first six fronds of Palm Jebel Ali, with completion expected by late 2026. The contracts, awarded to Ginco General Contracting, Shapoorji Pallonji Mideast and United Engineering Construction Company (UNEC), mark a ...

SHARJAH / WAM HH Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, officially opened the new headquarters of the Poetry House in the Heart of Sharjah area on Wednesday. During the opening ceremony, the Sharjah Ruler revealed the memorial plaque and delivered a speech, acknowledging the presence of poets, writers, and media professionals. He ...

ABU DHABI / WAM ADNH Catering has completed the bookbuild and public subscription process for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX). ADNH Catering confirmed that the final offer price for its ordinary shares has been set at Dh0.96 per Share, pricing at the top of the previously announced offer price range. In a press ...

DUBAI / WAM The Abu Dhabi Accountability Authority (ADAA) signed a commercial partnership agreement with SAP during GITEX Global 2024 to adopt the RISE with SAP platform to enhance efficiency of the authority’s digital infrastructure. The partnership marks a significant milestone in ADAA’s digital transformation journey as RISE with SAP platform provides integrated capabilities for managing human and financial resources, ...

DUBAI / WAM The “UAE Aviation Safety Conference 2024” concluded in Dubai, organised by the General Civil Aviation Authority (GCAA) under the theme “Safety: The Constant in a Changing Industry.” The two-day conference featured 24 expert speakers from various sectors of aviation safety, including government agencies, airlines, and related academic and research institutions. As part of the UAE State Safety ...

ABU DHABI / AD MEDIA OFFICE Etihad Airways and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) are celebrating the growth of their Abu Dhabi Stopover programme. The relaunch of the initiative has exceeded expectations, significantly boosting Abu Dhabi’s tourism sector. The Abu Dhabi Stopover programme, exclusive to Etihad Airways, has seen remarkable growth since its ...

ABU DHABI/WAM Adnoc on Tuesday announced the completion of its acquisition of OCI Global’s 50 percent + 1 shareholding in Fertiglobe plc, increasing its share in the company to 86.2 percent, with 13.8 percent remaining in free float on the Abu Dhabi Securities Exchange (ADX). Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, exporting to 53 ...

DUBAI/WAM Presight, the region’s leading big data analytics company powered by Generative AI, has signed a memorandum of understanding (MoU) with Swiss AI AG (SwissAI), a Switzerland-based company pioneering the seamless integration of human intelligence and advanced AI for future-ready decision-making. This partnership, signed on the sidelines of GITEX Global 2024, will leverage SwissAI’s expertise in advanced AI, machine learning ...

ABU DHABI / WAM Ahmed Ibrahim Saeed Mohammed Al Dhaheri, UAE Ambassador to the Republic of Guinea, and Dr Al Saghira Wabran Hamad Mubarak Al Ahbabi, UAE Ambassador to the Republic of Paraguay, took the oath of office before President His Highness Sheikh Mohamed bin Zayed Al Nahyan. Also in attendance was His Highness Sheikh Mansour bin Zayed Al Nahyan, ...

ABU DHABI / WAM The Integrated Transport Centre (Abu Dhabi Mobility), of the Department of Municipalities and Transport, has announced its participation in the 44th edition of GITEX Global 2024, as part of the Abu Dhabi Government pavilion. The exhibition, which is the world’s largest event supporting technology, will take place at the Dubai World Trade Centre from October 14 ...