Recent Posts

US-UAE Business Council identifies ‘tremendous potential’ for growth

  ABU DHABI / WAM With $16.7 billion worth of exports last year, the US-UAE Business Council is poised to further enhance ties between the United States and the UAE in healthcare, energy sustainability, space, advanced manufacturing, and the digital economy. “There is tremendous potential for the further growth of the bilateral relationship,” Danny Sebright, the Council president, told the ...

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IHC’s Al Seer Marine buys two tankers for AED246m

  Abu Dhabi / WAM Al Seer Marine has announced that it acquired two vessels, valued at a combined AED246 million, to meet the rapidly growing demand for transportation of liquified petroleum gas (LPG). Al Seer Marine, which is pursuing an expansion strategy to become a major world leader in commercial shipping, has targeted the acquisition of up to 15 ...

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ADC shares start trading on ADX

  Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investment, an Abu Dhabi-based private investment firm managing a diversified portfolio of listed and unlisted equities on both local and global markets, announced on Friday that shares and warrants of the co-established SPAC, ADC Acquisition Corporation (ADC), commences trading on the Abu Dhabi Securities Exchange ...

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