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Lulu Retail Holdings announces price range, start of subscription period

ABU DHABI / WAM Lulu Retail Holdings PLC on Monday announced the price range for the sale of its shares and the start of the subscription period for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX). In a statement, the company said that the subscription period started on Monday and is expected to close on Tuesday, ...

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SAIF Zone showcases food industry services at SIAL Paris 2024

SHARJAH / WAM The Sharjah Airport International Free Zone Authority (SAIF Zone) has concluded its participation in SIAL Paris 2024, held recently in the French capital, Paris, attracting thousands of exhibitors and visitors from around the world. Part of the Sharjah Chamber of Commerce and Industry (SCCI) delegation, SAIF Zone utilised this significant trade event to attract foreign investments and ...

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GPSSA launches digital pension platform ‘Ma’ashi’

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) has launched a new digital pension platform called Ma’ashi, which is now operational for its users. Ma’ashi is one of the most prominent digital transformation projects that has been introduced by the GPSSA as part of the 2022 UAE performance agreements for federal entities to facilitate services to ...

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AD Ports Group is a key driver of economic diversification in UAE

ABU DHABI / AD MEDIA OFFICE AD Ports Group has launched an economic impact report detailing the group’s growing role as a driver of economic diversification in the UAE, and its role as a leading facilitator of global trade, logistics, and industry in the Arabian Gulf. The results of the study conducted by Oxford Economics, which was based on 2022 ...

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Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, 10th Traditional Handicrafts Festival to take place in Al Ain

ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the tenth Traditional Handicrafts Festival, organized by the Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi), takes place from today to November 17 2024, ...

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UAE leaders congratulate Czech President on National Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Petr Pavel of the Czech Republic on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh ...

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UAE President, Vietnamese Prime Minister discuss strengthening bilateral cooperation

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met on Monday with His Excellency Pham Minh Chinh, Prime Minister of the Socialist Republic of Vietnam, who is on an official visit to the UAE. Their discussions explored opportunities to strengthen bilateral cooperation aimed at advancing the shared vision of both nations to promote progress and prosperity ...

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Sharjah Ruler issues Emiri Decree on formation of Energy Council

SHARJAH/WAM H.H. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree regarding the formation of the Energy Council in the emirate of Sharjah. The Decree stipulated that the Energy Council shall be formed under the chairmanship of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of ...

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NMDC Group’s net profit hits AED2.2b by September 2024

ABU DHABI/WAM NMDC Group, a global leader in engineering, procurement, construction, and marine dredging, has announced its financial results for the nine-month period ending 30th September 2024, reporting an impressive 68 percent growth in revenues and a 45 percent surge in net profits compared to the same period last year. The strong performance for the nine-month period ending 30th September ...

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Shurooq announces 40%, 25% completion of LUX Al Jabal, LUX Al Bridi

SHARJAH/WAM The Sharjah Investment and Development Authority (Shurooq), in partnership with The Lux Collective, has announced that 40 percent of the construction for LUX Al Jabal Resort in Khorfakkan and 25 percent of LUX Al Bridi Resort in the central region of Al Dhaid have been completed. With a total investment of AED320 million, both resorts are set for completion ...

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