DUBAI / WAM Dubai Taxi Company announced on Monday its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM). In a statement on Monday, the company said that 624,750,000 shares, each with a nominal value of AED0.04, will be made available in the offering, representing 24.99% ...
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ABU DHABI / WAM Tuna Gulenc, Vice President of Japan’s Daikin Middle East Africa, said that the UAE is continuing its global efforts to radically change the course of climate action and pave the way for a sustainable future by hosting COP28. In statements to the Emirates News Agency (WAM), Gulenc added that COP28 will come up with the first-ever ...
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ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB) listed successfully its US$500 million green sukuk, the world’s first dollar denominated green sukuk, on London Stock Exchange’s International Securities Market and Sustainable Bond Market. London Stock Exchange’s has welcome ADIB’s listing, as the world’s first dollar denominated green sukuk. This follows the bank’s recent successful listing of US$750 million AT1 perpetual ...
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DUBAI/ WAM Tawazun Council, the independent government entity that works closely with the Ministry of Defence and security agencies to maximise value through acquisition systems, announced signing of 9 deals with local and international companies on day 1 of the Dubai Airshow 2023. The announcement was made during a press conference held in the presence of Zayed Saeed Al Meraikhi ...
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DUBAI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, and H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, received delegations attending the 18th edition of Dubai Airshow, the world’s premier event for the aerospace, ...
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ABU DHABI /WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today welcomed Yoweri Museveni, President of the Republic of Uganda, who is on a working visit to the UAE lasting several days. During the meeting at Qasr Al Shati in Abu Dhabi, His Highness conveyed his best wishes for a successful visit, aiming to enhance relations between the ...
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DUBAI /WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, toured the 18th Dubai Airshow, the world’s premier event for the aerospace, space and defence industries, which commenced today at the Dubai World Central (DWC). Bringing together over 1,400 exhibitors from 148 countries, the largest ever edition of the event is being ...
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SHARJAH / WAM The real estate landscape in Sharjah witnessed significant growth in October 2023, as reported by the Sharjah Real Estate Registration Department. A total of 3,798 transactions were conducted across various regions of the emirate, amounting to AED3.6 billion in trade value and involving 8.2 million square feet. This surge reflects a substantial increase compared to September’s real ...
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ABU DHABI / WAM Air Arabia Abu Dhabi has announced the relocation of its operations to Terminal A, a state-of-the-art new facility at Abu Dhabi International Airport, from November 14. Terminal A is one of the largest airport terminals in the world, expected to accommodate up to 45 million passengers per year, process 11,000 travellers per hour and operate 79 ...
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ABU DHABI / WAM A rapid increase in Indonesia-UAE bilateral trade since the enforcement of Comprehensive Economic Partnership Agreement (Cepa) on September 1, and a surge in tourist traffic reflect comprehensive growth in bilateral relations, Husin Bagis, the Indonesian Ambassador to the UAE, told the Emirates News Agency (WAM). “The first UAE-Indonesia Joint Committee Meeting (JMC) held in Abu Dhabi ...
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