ABU DHABI/WAM The Abu Dhabi Securities Exchange (ADX) saw on Friday a large direct deal executed on the stocks of International Holding Company (IHC). According to market data, the trade was executed on 10.7 million shares with a value over AED4.38 billion at an execution price of AED409.3 per share. Large Direct transactions are deals executed outside the order book ...

ABU DHABI/WAM The United Arab Emirates has achieved a new milestone in the field of cybersecurity, as the International Telecommunication Union ranked it in the top global category (Pioneering Model) according to the 2024 Global Cybersecurity Index. The UAE, represented by the Cybersecurity Council, met all 80 criteria of the index, achieving a 100% success rate. This ranking reflects the ...

DUBAI/WAM Dubai Taxi Company today announced that it had been awarded 300 new plates at the latest Dubai’s Roads and Transport Authority (RTA) auction, solidifying its position as Dubai’s largest taxi operator. The award increases DTC’s taxi fleet to almost 6,000 vehicles, increasing its taxi market share to 46% and demonstrating its commitment to serving the growing demand for sustainable ...