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Need to create investment opportunities in new economy sectors, says UAE minister

LONDON / WAM Abdullah bin Touq Al Marri, Minister of Economy, participated in the 13th edition of the City Week 2023 Forum, running in London on April 24-26. Through its three sessions, the latest edition of the forum discusses the issues of climate change, green financing and sustainability; institutional adoption; regulation of digital assets; and digitisation and innovation in capital ...

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Multiply signs pact to acquire 55% stake in Media 247

ABU DHABI / WAM Multiply Group (ADX: MULTIPLY), an Abu Dhabi-based investment holding company, has signed a binding commitment to acquire a 55 per cent majority stake in Media 247, one of the leading UAE outdoor advertising companies, for approximately AED 184 million. Media 247 assets include over 45 exclusive outdoor premium hoardings, unipoles and 3D structures spread across Dubai’s ...

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Ministry commemorates 16 years of malaria-free UAE

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) has joined the global community in observing World Malaria Day on April 25, a day that marks the 16th anniversary of the UAE being declared malaria-free by the World Health Organisation in 2007. The ministry has reiterated the UAE’s commitment to helping reduce worldwide malaria incidence by 90% before ...

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