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UPS opens $163mn logistics hub at DP World London Gateway

DUBAI / WAM UPS officially opened its new 32,000 square metre package sorting and delivery facility in the south east of England. At $163 million, the new London Hub is one of UPS’s largest single infrastructure investments outside of the United States in the company’s history. “Every single day, we see evidence of a more inter-connected world of commerce. And ...

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ADX achieves 99% disclosure compliance

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 99 percent regarding the disclosure of the first quarter (Q1) financial statements of its listed public joint stock companies within the deadline of 45 days from the end of the financial period. As many as 65 listed companies out of ...

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Khalifa Foundation to distribute 951,000 meals during Ramadan

ABU DHABI / WAM Upon the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the follow-up of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and President of the Khalifa bin Zayed Al Nahyan Foundation, the Khalifa bin Zayed Al Nahyan Foundation has concluded its preparations to launch its ...

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