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 …

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) has joined the global community in observing World Malaria Day on April 25, a day that marks the 16th anniversary of the UAE being declared malaria-free by the World Health Organisation in 2007. The ministry has reiterated the UAE’s commitment to helping reduce worldwide malaria incidence by 90% before …

ABU DHABI  / WAM At a time when many nations have suffered with energy shortages, the decision taken by the UAE just over a decade ago to construct its first nuclear plant has resulted in an annual capacity increase of 1400 MW of electricity that is available round the clock, and with zero emissions. This is a significant win for …