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Adnoc looks to raise up to AED7.5b from gas unit IPO

  Abu Dhabi / WAM Adnoc Gas on Thursday announced the offer price range and the opening of the subscription period for its IPO on the Abu Dhabi Securities Exchange (ADX). The price range for the offering has been set between AED2.25 to AED2.43 per share, implying an equity value of $47.0 billion to $50.8 billion (AED172.7 billion to AED186.5 ...

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UAE’s trade with Azerbaijan up 270% to AED10.2bn in 5 years

  Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that the UAE-Azerbaijan economic and trade relations are witnessing steady development, noting that the value of their non-oil trade increased by over three times during the past five years. In a statement to the Emirates News Agency (WAM), Al Zeyoudi stated that ...

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UAE medical delegation briefed on needs of health sector in Syria

LATAKIA / WAM The UAE medical delegation, headed by Dr Salem Alfalasi, made a field tour and inspected the Martyr Major General Hamza Nofal National Hospital, the AlBasel Heart Hospital and the Maternity and Children Hospital in Latakia Governorate, Syria. During the visit, which is part of operation “Chivalrous Knight / 2”, the delegation was received by Dr. Hawazen Makhlouf, ...

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