ABU DHABI / WAM AD Ports Group completed the acquisition of a 70 percent equity stake in Transmar International Shipping Company (Transmar) and Transcargo International S.A.E. (TCI). The total purchase consideration (Enterprise Value) for 70% shareholding amounts to AED514 million (US$140 million). It is the first international acquisition realised by AD Ports Group. The value-accretive acquisitions of the two ...

  ABU DHABI / WAM The Abu Dhabi Awards has launched the ‘Abu Dhabi Awards Young Ambassadors’ programme, in collaboration with the Emirati Children’s Parliament and the Children Advisory Council of the Supreme Council of Motherhood and Childhood. Running its first edition, the programme aligns with the Abu Dhabi Awards’ core value of inclusion by engaging all members of the ...

  THESSALONIKI / WAM Abdullah bin Touq Al Marri, Minister of Economy, held bilateral meetings with several Greek ministers and government officials at the UAE pavilion in the ongoing 86th Thessaloniki International Trade Fair (TIF). The meetings focused on promoting collaboration and bilateral relations between the two countries and highlighting the key economic sectors for investments in the UAE, including ...