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Mubadala’s Yahsat starts trading on ADX

Abu Dhabi / Emirates Business Al Yah Satellite Communications Company (Yahsat), a leading satellite communications services provider, on Wednesday announces the official listing of its shares and the commencement of trading on the Abu Dhabi Securities Exchange (ADX), following the successful completion of its initial public offering (the “IPO” or the “Offering”). The company is now traded under the ticker ...

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Adnec acquires DoubleTree By Hilton London ExCel

Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (Adnec), part of ADQ, has added a new hotel to its portfolio: the DoubleTree By Hilton London ExCel. The announcement comes in line with Adnec’s long term investment strategy aimed at diversifying its business across the Group and achieving optimal integration of its assets through diversified economic sectors. The addition ...

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Private jet flights at VIP terminal in Dubai South rises 346% in 2021

Dubai / WAM Mohammed bin Rashid Aerospace Hub (MBRAH), based in Dubai South, announced that private-jet movements continued their impressive growth in 2021, with more than a 346 percent increase in H1 2021, reaching 8,088 compared to 1,811 in H1 2020 and 3,056 in H1 2019. The top four destinations that contributed to the increase during H1 2021 were Russia, ...

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