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ABU DHABI / WAM Alef Education Holding plc 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 Main Market of the Abu Dhabi Securities Exchange (ADX). In a statement, the company said that the offer price range has been set between AED1.30 and AED1.35 ...

ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI), in cooperation with the Ministry of Industry and Advanced Technology (MoIAT), hosted a panel discussion on the Federal Regulation for Energy Management in Industrial Facilities on the first day of the “Make it in the Emirates (MIITE) Forum”. The regulation, the first of its kind in the industrial sector, ...

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, has chaired the inaugural board meeting of MGX. During the meeting, His Highness affirmed that the purpose of establishing MGX, a UAE national company focused on artificial intelligence (AI) and advanced technologies, is to support shaping a future where technology enables ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Ilham Aliyev of Azerbaijan 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 Mansour bin ...

TOKYO / WAM Shares were mixed in Asia on Tuesday after US. markets were closed for the Memorial Day holiday. Oil prices and U.S. futures were higher, Associated Press reported on Tuesday. Chinese markets rose after senior leaders of the ruling Communist Party met and affirmed Beijing’s determination to contain financial risks. Hong Kong’s benchmark was buoyed by gains for ...

ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated phase one of the North Bani Yas housing project, which comprises 1,365 new villas for UAE nationals, valued at AED3.1 billion. Spanning an area of 3.1 square kilometres, the project falls under ...

ABU DHABI/ WAM The United Arab Emirates has condemned in the strongest terms and denounced the ongoing Israeli violations in the Gaza Strip and the most recent targeting of refugee tents, which has resulted in dozens of deaths and injuries to innocent civilians. In a statement, the Ministry of Foreign Affairs (MoFA) underscored the importance of reaching an immediate ceasefire, ...

ABU DHABI/ WAM Investopia, in partnership with EMIR, an emerging market research specialist, held the first meeting of the ‘Next50’ initiative, which aims to promote dialogue and knowledge sharing among leading companies in the UAE, and stimulate investment in emerging sectors in the private sector. The meeting was held in the presence of Abdulla bin Touq Al Marri, Minister of ...

SEOUL/WAM Abdulla Saif Al Nuaimi, UAE Ambassador to the Republic of Korea, emphasised that the visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the Republic of Korea comes within the framework of enhancing the strategic partnership between the two countries, describing this partnership as “unique and distinguished”. He noted that the two countries are always seeking ...

DUBAI / WAM Dubai Culture and Arts Authority (Dubai Culture) announced that it has earned multiple accreditations in four new International Organisation for Standardization (ISO) standards. These certifications are in Business Continuity Management Systems (ISO 22301:2019) and Risk Management Systems (ISO 31000:2018). Dubai Culture also received the (ISO 44001:2017) accreditation in Collaborative Business Relationships Management Systems and another accreditation in ...