Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and Mohammed Bin Salman Foundation (MiSK Foundation) have partnered to ease international market access for startups and technology companies between Abu Dhabi and the Kingdom of Saudi Arabia. The partnership will benefit founders seeking a soft-landing into the Saudi Arabia or Abu Dhabi technology ecosystem, with access to value ...

  Abu Dhabi / Gulf Time Alpha Dhabi Holding PJSC, one of the fastest-growing investment holding companies in the UAE listed on the Abu Dhabi Securities Exchange, announces that it has acquired an interest in Nammos group as a result of its joint venture partnership with Monterock International, an international investment company with a focus on hospitality and food and ...

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) announced the listing of shares of Americana Restaurants International Company PLC (public company limited by shares incorporated in the Abu Dhabi Global Market (ADGM) next Monday. According to circular issued by ADX, the shares will be listed on ADX under the trading symbol (AMR) and the ISIN:AEE01135A222 with effect ...

  Abu Dhabi / WAM Agthia group, one of the region’s leading food and beverage companies, on Thursday announced that it has signed a memorandum of understanding (MoU) with AD Ports group, the leading global facilitator of trade, logistics, and industry. The MoU was signed by Mubarak Almansoori, Chief Corporate Services Officer, Agthia group, and Qusai Kankazar, Chief Operations Officer, ...

Abu Dhabi / WAM The “Memory of the Nation” pavilion by the National Library and Archives is participating in the Sheikh Zayed Festival once again to enrich it with historical knowledge, foster patriotism, instil national identity, inculcate Emirati values and the honourable principles of good citizenship among generations. The “Memory of the Nation” features historical documents, photographs and documentaries and ...

  Sharjah / WAM Air Arabia, the low-cost carrier (LCC) operator, marked the inauguration of its direct flights from Sharjah to the city of Milan in Italy. An event was held at Sharjah International Airport ahead of the inaugural flight and the aircraft was received at Milan Bergamo Airport with a traditional water cannon salute. The new direct flights will ...

  GAZA / WAM The Abu Dhabi Exports Office (Adex) signed an agreement with Togo’s Ministry of Economy and Finance to raise the production capacity of the Mohamed bin Zayed Solar Park in the country from the current 50 megawatts to 70 megawatts. In addition, the financing will help procure 4MWh solar energy production storage system. Under the agreement, the ...

  Ras Al Khaimah / WAM Universal Carton Industries (UCI), one of UAE’s leading corrugated cardboard box manufacturing companies located in Ras Al Khaimah Economic Zone (Rakez), is investing AED55 million to expand its production volume to meet the growing demand for sustainable packaging solutions in the UAE and overseas. This expansion will increase UCI’s production capacity by threefold to ...

  Bloomberg Southwest Airlines Co said it would reinstate its dividend following a pause of more than two years, becoming the first major US carrier to resume the shareholder payouts after they were suspended during the pandemic as a condition of receiving government aid. Southwest’s board approved a quarterly dividend of 18 cents a share to be paid on January ...

  Bloomberg China Aircraft Leasing Group Holdings Ltd (Calc) is considering selling some of its assets outside greater China that could raise about $3 billion in a transaction, according to people familiar with the matter. The Hong Kong-listed company is looking to divest around 40 aircraft and approximately 180 aircraft production slots, said the people, who asked not to be ...