ABU DHABI / WAM The UAE is participating in 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington, DC, from October 21 to 26 2024. Represented by the Ministry of Finance, the UAE delegation will be led by Mohamed bin Hadi Al Hussaini, Minister of State for Finance. The delegation also includes …

ABU DHABI / WAM Lulu Retail Holdings PLC on Monday announced its intention to proceed with an Initial Public Offering (IPO) and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). In a press release on Monday, the company said that a total of 2,582,226,338 ordinary shares, each with a nominal value of $0.014 (which is …

ROME / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), has met with the UAE-Italy Friendship Group chaired by Salvatore Caiata, and discussed ways to strengthen parliamentary cooperation between the FNC and the Italian Parliament, including coordination on issues of mutual interest. During the meeting at the Italian Parliament, both sides emphasised their shared alignment on crucial international …