Dubai / WAM Amanat Holdings has announced the acquisition of a 60% stake in Human Development Company (HDC), a provider of special education and care (SEC) services in Saudi Arabia covering educational, medical, and rehabilitation services, for an initial consideration of SAR220.3 million (AED215.3 million) and a contingent consideration of up to SAR47.1 million payable subject to future earnings growth. ...

Abu Dhabi / WAM  Borouge Plc on Friday announced its financial results for the nine-month and three-month periods ended September 30, with the company maintaining positive year-to-date performance driven by strong sales volumes. Borouge reported a 13.5% increase in revenue to AED18.84 billion ($5.13 billion) for the nine months to September 30, versus the same period in the prior year. ...

ABU DHABI / WAM  The Emirates Nuclear Energy Corporation (Enec) has showcased the success and impact of the UAE nuclear energy sector at the 5th annual IAEA International Ministerial Conference on Nuclear Power in the 21st Century, which is taking place in Washington DC, United States. The conference brings together ministers, policymakers, senior officials and experts to engage in high-level ...