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Investcorp announces intention to float on ADX

ABU DHABI/ WAM Investcorp Capital plc has announced its intention to proceed with an IPO of 643,000,000 ordinary shares with a nominal value of USD 0.50 (equivalent to AED 1.84) each representing approximately 29.34% of its issued share capital post issuance of the new shares and to admit its shares for listing and trading on the Abu Dhabi Securities Exchange ...

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UAE President receives Foreign Minister of Türkiye

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today welcomed Hakan Fidan, Foreign Minister of the Republic of Türkiye, at Qasr Al Shati. They discussed efforts to enhance the humanitarian response for civilians affected by the crisis in the Gaza Strip, especially in light of critical developments in the area. Fidan conveyed to His Highness the greetings ...

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UAE President receives Canadian Minister of Foreign Affairs

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received Mélanie Joly, Canadian Minister of Foreign Affairs. During the meeting at Qasr Al Bahr in Abu Dhabi, His Highness and the Canadian Foreign Minister discussed bilateral relations and ways to strengthen cooperation in various sectors to help both countries achieve their development ambitions. The meeting also touched ...

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Emirates invites UAE nationals to join AMEL Scholarship Program

DUBAI / WAM The Emirates Group has called Emirati high school graduates to join its Aircraft Maintenance Engineer Licence (AMEL) Scholarship Programme, open for admissions now, to qualify for an array of positions across the Group’s aircraft maintenance departments. Candidates will be able to become a Licenced Aircraft Engineer for Emirates, the world’s largest international airline and operator of some ...

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GPSSA announces amendments to ‘Shourak’ programme

ABU DHABI / WAM As part of the “End it right” campaign launched by the General Pension and Social Security Authority (GPSSA), insured individuals have been offered more flexible features when switching jobs, as per recently amended conditions in the Shourak programme. Shourak’s main aim is to improve the quality of life of insured individuals while achieving financial stability for ...

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Al Seer Marine, L3Harris renew strategic partnership

ABU DHABI / WAM Al Seer Marine and L3 Harris Technologies have reaffirmed their teaming agreement at the Abu Dhabi International Petroleum Exhibition Conference, marking yet another significant milestone in the ongoing evolution of their strategic partnership. This continued collaboration serves to fortify their strong relationship, underscored by the successful execution of numerous projects over the past six years. The ...

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UAE leaders congratulate President of Zambia on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Hakainde Hichilema of Zambia on the occasion of his country’s Independence Day, which is celebrated on October 24. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and ...

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Tourism global market value to pass $1trn over next 4 years

DUBAI / WAM Attendees from around the world will explore opportunities spanning the full spectrum of travel and tourism at the 31st edition of Arabian Travel Market (ATM), which will take place at Dubai World Trade Centre (DWTC) from  May 6-9, 2024. Revenue in the global travel and tourism market is projected to reach $854.7 billion this year, according to ...

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