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Adnoc offers over 375mn shares in distribution unit

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) together with its subsidiaries, the Adnoc group, the current holder of 80 percent of the common shares in Abu Dhabi National Oil Company for Distribution PJSC, announced on Wedneday its intention to offer approximately 375 million shares (the shares). The shares correspond to approximately three percent of the registered share ...

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‘Zayed 3’ joint military exercise between UAE, Egypt continues

ABU DHABI / WAM The joint military exercise between the ground forces of the UAE and Egypt titled “Zayed 3”, will continue until June 30. The exercise comes within the framework of the UAE Armed Forces’ keenness to conduct several joint exercises with fraternal and friendly countries, to increase combat capabilities, based on the interest of the Ministry of Defence ...

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Abu Dhabi boosts digital economy with Amazon Web Services launch

Abu Dhabi / WAM Abu Dhabi’s digital economy will be boosted through the launch of Amazon Web Services’ (AWS) cloud infrastructure region in the UAE, as part of the Abu Dhabi Investment Office’s (ADIO) efforts to attract investments that build technology capabilities. The arrival of the AWS Middle East (UAE) Region in the first half of 2022 will accelerate cloud ...

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