ABU DHABI/WAM Abu Dhabi Commercial Bank (ADCB) has signed an agreement to divest 80 percent stake in its wholly owned property management subsidiary Abu Dhabi Commercial Properties (ADCP) to Nine Yards Plus Holding, a real estate subsidiary of EIH Ethmar International Holding (EIH). The transaction values Abu Dhabi Commercial Properties at AED 591 million and the Bank will register a …

ABU DHABI/WAM Abu Dhabi Securities Exchange (ADX) announced today that it has signed an agreement with Tajikistan’s Central Asian Stock Exchange (CASE), paving the way for CASE to join the Tabadul platform. While this strategic partnership has been established, the go-live implementation should take place early next year. Once operational, investors will gain the ability to directly trade on both …

ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has visited the Liwa International Festival (Moreeb Dune 2024). The event, held under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, is organised by the Liwa Sports Club …