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Adnoc to float 7.5% of drilling subsidiary in IPO on ADX

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ABU DHABI / WAM Adnoc Drilling Company on Monday announced its intention to proceed with an initial public offering and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). 7.5% of Adnoc Drilling’s issued share capital, will be included in the Offering to individuals and other investors in the UAE and to Adnoc Group Companies Employees ...

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UAE’s fourth plane arrives in Kabul with food, medical aid

KABUL / WAM As part of the air bridge, directed by HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces to support the Afghan people, the fourth UAE aid plane arrived — in less than 48 hours — to the Afghan capital, Kabul, carrying medical and food aid, support ...

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Ajman, India keen to bolster commercial cooperation

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AJMAN / WAM Salem Al Suwaidi, Director-General of the Ajman Chamber of Commerce and Industry, discussed, with K Kalimutu, Indian Consul General for Trade and Economy to Dubai, ways of enhancing the commercial and economic cooperation between the UAE, specifically the emirate of Ajman, and India. During the meeting, which was held at the headquarters of the chamber and attended ...

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