ABU DHABI / WAM Adnec Group, a 100% owned subsidiary of Modon Holding, on Monday announced that it has signed definitive agreements for the acquisition of 100 percent of the share capital of Royal Catering Services LLC, an Abu Dhabi-based catering service provider. Royal Catering has over 2,500 employees and a production capacity of more than 50,000 meals daily. Serving …

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 …

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 …