Nakheel awards AED5b in contracts for villas on Palm Jebel Ali

DUBAI / WAM Nakheel, part of Dubai Holding Real Estate, has awarded three major contracts valued at over AED 5 billion for the construction of ultra-luxury villas on the first six fronds of Palm Jebel Ali, with completion expected by late 2026. The contracts, awarded to Ginco General Contracting, Shapoorji Pallonji Mideast and United Engineering Construction Company (UNEC), mark a ...

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Sharjah Ruler inaugurates new Poetry House’s headquarters

SHARJAH / WAM HH Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, officially opened the new headquarters of the Poetry House in the Heart of Sharjah area on Wednesday. During the opening ceremony, the Sharjah Ruler revealed the memorial plaque and delivered a speech, acknowledging the presence of poets, writers, and media professionals. He ...

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ADNH Catering raises AED864m in initial public offering

ABU DHABI / WAM ADNH Catering has completed the bookbuild and public subscription process for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX). ADNH Catering confirmed that the final offer price for its ordinary shares has been set at Dh0.96 per Share, pricing at the top of the previously announced offer price range. In a press ...

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ADAA signs agreement with SAP to adopt RISE with SAP platforms

DUBAI / WAM The Abu Dhabi Accountability Authority (ADAA) signed a commercial partnership agreement with SAP during GITEX Global 2024 to adopt the RISE with SAP platform to enhance efficiency of the authority’s digital infrastructure. The partnership marks a significant milestone in ADAA’s digital transformation journey as RISE with SAP platform provides integrated capabilities for managing human and financial resources, ...

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UAE Aviation Safety Conference 2024 concludes in Dubai

DUBAI / WAM The “UAE Aviation Safety Conference 2024” concluded in Dubai, organised by the General Civil Aviation Authority (GCAA) under the theme “Safety: The Constant in a Changing Industry.” The two-day conference featured 24 expert speakers from various sectors of aviation safety, including government agencies, airlines, and related academic and research institutions. As part of the UAE State Safety ...

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Etihad Airways’ Abu Dhabi Stopover programme achieves significant growth in H1 2024

ABU DHABI / AD MEDIA OFFICE Etihad Airways and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) are celebrating the growth of their Abu Dhabi Stopover programme. The relaunch of the initiative has exceeded expectations, significantly boosting Abu Dhabi’s tourism sector. The Abu Dhabi Stopover programme, exclusive to Etihad Airways, has seen remarkable growth since its ...

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UGREEN Showcases Latest Tech Innovations at GITEX 2024: From UGREEN Uno Chargers to NAS Solutions

DUBAI / GULF TIME UGREEN, a global leader in consumer electronics and charging technology, is making waves at GITEX 2024 from October 14-18. The company will showcase its latest innovations, including the UGREEN Uno Chargers, the NASync Series, Nexode Power Banks, and Revodok Docking Stations. Each product highlights cutting-edge technology, delivering exceptional performance and unmatched convenience. First and foremost, say ...

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LIDE Emirates promotes Tourism Seminar in Dubai: Strengthening Partnerships between Brazil and the United Arab Emirates

GULF TIME LIDE Emirates, in collaboration with the Dubai Tourism Department, held the impactful LIDE Tourism Seminar. The event brought together prominent leaders and representatives from the tourism sector of both Brazil and the United Arab Emirates (UAE), aiming to discuss the vital role of tourism as a driver of economic development and explore synergies between the two countries. The ...

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Adnoc completes acquisition of majority stake in Fertiglobe

ABU DHABI/WAM Adnoc on Tuesday announced the completion of its acquisition of OCI Global’s 50 percent + 1 shareholding in Fertiglobe plc, increasing its share in the company to 86.2 percent, with 13.8 percent remaining in free float on the Abu Dhabi Securities Exchange (ADX). Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, exporting to 53 ...

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