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GulfNav increases capital through ‘rights issue’

Dubai / Emirates Business During its meeting, the Board of Directors of the Gulf Navigation Holding (PJSC) approved the trading of the rights issued last February to the company’s existing shareholders, without publicly offering the remaining shares. The company’s capital now stands at AED 919,209,250. The move is in line with the company’s interim strategy to expand its services and ...

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Shurooq highlights tourism opportunities at ITB Berlin

SHARJAH/ Emirates Business The Sharjah Investment and Development Authority (Shurooq) is promoting the emirate’s status as one of the Middle East’s most progressive and dynamic tourism destinations to 180 countries across five continents at this year’s ITB Berlin, the world’s largest travel trade show. Its participation comes as part of a delegation led by His Excellency Marwan bin Jassim Al ...

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DED, Tag partner to offer value packages to business community

Dubai / WAM The Dubai Department of Economic Development (DED), signed a partnership with the Talal Abu-Ghazaleh Organisation (TAG-Org), to offer added value packages to the business community and develop the exclusive services being provided at the Dubai Business Club in DED. Sami Al Qamzi, Director-General of DED, and Talal Abu-Ghazaleh, Chairman of TAG-Org signed the partnership agreement in the ...

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