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DUBAI / WAM The Abu Dhabi Fund for Development (ADFD) participated in the World Governments Summit (WGS) in Dubai as a strategic partner. The three-day event, which took place from February 12-14 under the theme of “Shaping Future Governments”, served as a global platform uniting government leaders, thinkers, experts, and decision-makers to exchange insights, anticipate the future, and leverage innovation …

ABU DHABI / WAM The Ministry of Investment of the UAE and the Ministry of Electronics & Information Technology of the Republic of India have signed a memorandum of understanding (MoU), setting out a framework for the expansion of bilateral investment cooperation in the digital infrastructure sector, with a special emphasis on data centre projects in India. The memorandum marks …

ABU DHABI / WAM Fertiglobe, the strategic partnership between Adnoc and OCI Global, on Wednesday reported Q4 2023 revenue of $646 million, adjusted EBITDA of $289 million, and adjusted net profit of $103 million. Fertiglobe’s full-year 2023 revenues and adjusted EBITDA were $2,416 million and $1,004 million, respectively, with adjusted net profit of $363 million. Fertiglobe achieved 23% growth in …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …