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UAE officials assert commitment to clean energy transition on World Energy Day

DUBAI / WAM Energy sector leaders and officials in the UAE emphasised that World Energy Day serves as a call for collective action and global cooperation, while also providing an opportunity to celebrate the nation’s achievements in the energy sector. The remarks were part of a press statement released by the Dubai Electricity and Water Authority (DEWA) in recognition of ...

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UAE participates in WBG, IMF annual meetings in Washington

ABU DHABI / WAM The UAE is participating in 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington, DC, from October 21 to 26 2024. Represented by the Ministry of Finance, the UAE delegation will be led by Mohamed bin Hadi Al Hussaini, Minister of State for Finance. The delegation also includes ...

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Lulu Retail announces intention to float on ADX

ABU DHABI / WAM Lulu Retail Holdings PLC on Monday announced its intention to proceed with an Initial Public Offering (IPO) and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). In a press release on Monday, the company said that a total of 2,582,226,338 ordinary shares, each with a nominal value of $0.014 (which is ...

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