Abu Dhabi / WAM Alpha Dhabi Holding (ADH) announced the acquisition of an additional 17 percent shareholding of Aldar Properties. The acquisition will increase Alpha Dhabi Holding’s shares in Aldar Properties to 29.8 percent, making it one of the largest shareholders, said an ADH statement on Monday. Commenting on the announcement, Hamad Salem Mohamed Al Ameri, Managing Director and ...

  RIYADH / WAM The terrorist Houthi militias hijacked a UAE-flagged cargo ship off the coast of Al Hudaydah Governorate on Sunday, Official Spokesperson of the Coalition to Restore Legitimacy in Yemen, Brigadier General Turki Al Malki, announced. “At (23:57) on Sunday (January 2), the Cargo Ship (Rwabee) sailing under the flag of the United Arab Emirates was targeted through ...

  Ajman / WAM The growth rate of the number of economic licences issued by the Department of Economic Development in Ajman (Ajman DED) during the 2021 reached 41 percent, while the number of establishments reached 27,913, and the Labour Resilience Index reached 17 percent. The efforts and initiatives launched by Ajman DED during 2021 resulted in a high growth ...