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 …