DUBAI / WAM Dubai’s exclusive toll gate operator Salik Company has announced the offer price and start of the subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM). The price for the Offering has been set at AED2.0 per share. The total Offering size is expected to be AED3 billion (US$817 million), implying a ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Tuesday discussed with Prime Minister of Japan Fumio Kishida bilateral relations and ways of enhancing them in various domains. During a phone call, the two sides tackled a number of regional and global issues of mutual interest, and exchanged views on ways to support the ...

  ABU DHABI / WAM ADQ, an Abu Dhabi-based investment and holding company, on Tuesday announced that it has entered into an agreement to monetise a stake of 8.6 percent in Abu Dhabi National Energy Company PJSC (Taqa) to Multiply Group PJSC, Abu Dhabi Pension Fund and other prominent investors. Taqa is a diversified utilities and energy group headquartered in ...