ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa), on Wednesday announced the successful completion of its transaction with Abu Dhabi Power Corporation (ADPower) creating one of the largest utility companies in the Europe, the Middle East and Africa (EMEA) region. The transaction – which was first proposed by ADPower to the Taqa Board of Directors in February 2020 ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reviewed final preparations of the Hope Probe, scheduled to launch to Mars on July 15. The meeting was chaired by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and President of the ...

Dubai / WAM Nasdaq Dubai has welcomed the listing of three sukuk issued by the government of Indonesia with a total value of $2.5 billion. The sukuk achieved nearly 6.7 times subscription by investors, including international investors in Asian and Middle East countries. The listings comprise a 10-year issuance of $1 billion and two issuances of $750 million each, one ...