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Dubai’s Emirates to launch services to Montréal in July

DUBAI / WAM Emirates announced the launch of a new daily service from Dubai to Montréal, starting from July 5. This will be Emirates’ second gateway in Canada, complementing its existing passenger services to Toronto, which have been operating since 2007. This move comes as the UAE and Canada aim to deepen economic cooperation and stimulate benefits in the aviation ...

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Need to create investment opportunities in new economy sectors, says UAE minister

LONDON / WAM Abdullah bin Touq Al Marri, Minister of Economy, participated in the 13th edition of the City Week 2023 Forum, running in London on April 24-26. Through its three sessions, the latest edition of the forum discusses the issues of climate change, green financing and sustainability; institutional adoption; regulation of digital assets; and digitisation and innovation in capital ...

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Multiply signs pact to acquire 55% stake in Media 247

ABU DHABI / WAM Multiply Group (ADX: MULTIPLY), an Abu Dhabi-based investment holding company, has signed a binding commitment to acquire a 55 per cent majority stake in Media 247, one of the leading UAE outdoor advertising companies, for approximately AED 184 million. Media 247 assets include over 45 exclusive outdoor premium hoardings, unipoles and 3D structures spread across Dubai’s ...

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