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‘Salik’ completes bookbuild for IPO raising over AED3.7 billion

DUBAI, Salik Company, Dubai’s exclusive toll gate operator, today announced the successful completion of the bookbuild and public subscription process for its initial public offering (IPO) on the Dubai Financial Market (DFM).   The Company confirms the previously announced upsized offering size of 1,867,500,000 ordinary shares (“Offer Shares”), equivalent to 24.9% of total issued share… Continue reading ‘Salik’ completes bookbuild for IPO raising over AED3.7 billion

Youth empowerment with growth opportunities is essential to Arab world’s progress, says Theyab bin Mohamed

ABU DHABI, H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Arab Youth Centre, has emphasised the importance of empowerment of the young people who constitute the largest segment of the population in the Arab world, by improving the quality of education, creating promising job opportunities, and supporting their entrepreneurial spirit.  … Continue reading Youth empowerment with growth opportunities is essential to Arab world’s progress, says Theyab bin Mohamed

OPEC daily basket price stands at US$96.31 a barrel Wednesday

VIENNA, The price of OPEC basket of thirteen crudes stood at US$96.31 a barrel on Wednesday, compared with US$96.55 the previous day, according to OPEC Secretariat calculations.   The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy… Continue reading OPEC daily basket price stands at US$96.31 a barrel Wednesday

Emirates Steel Arkan champions standardisation at ISO Annual Meeting 2022

ABU DHABI, Emirates Steel Arkan this week took part as the diamond sponsor of the 2022 Annual Meeting of the International Organisation for Standardisation (ISO) which took place at the ADNOC Business Center in Abu Dhabi between 19-23 September.   Standardisation plays a key role in Emirates Steel Arkan’s strategy for diversifying its revenue sources… Continue reading Emirates Steel Arkan champions standardisation at ISO Annual Meeting 2022

UAE announces 372 new COVID-19 cases, 353 recoveries, no deaths in last 24 hours

ABU DHABI, The Ministry of Health and Prevention (MoHAP) announced that it conducted 233,095 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment.   In a statement, the Ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out… Continue reading UAE announces 372 new COVID-19 cases, 353 recoveries, no deaths in last 24 hours

National Centre of Meteorology to highlight UAE’s pioneering efforts in rain enhancement research at WETEX 2022

ABU DHABI, The National Centre of Meteorology (NCM) is set to highlight the unique capabilities and pioneering efforts of the UAE Research Programme for Rain Enhancement Science in promoting rain enhancement research during the centre’s participation in the upcoming Water, Energy, Environment Technology Exhibition (WETEX) 2022.   NCM’s state-of-the-art pavilion at WETEX, set to convene… Continue reading National Centre of Meteorology to highlight UAE’s pioneering efforts in rain enhancement research at WETEX 2022

UAE delegation attends third day of meetings on sidelines of 77th Session of UNGA

NEW YORK, The UAE delegation held its third day of high-level bilateral and multilateral meetings on the sidelines of the 77th session of the United Nations General Assembly.   Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, met with Aminath Shauna, Minister of Environment, Climate Change and Technology of the Maldives;… Continue reading UAE delegation attends third day of meetings on sidelines of 77th Session of UNGA

UAE, Saudi Arabia non-oil foreign trade grew by 92.5% over past decade: FCSC

ABU DHABI, The non-oil foreign trade between the UAE and Saudi Arabia grew by 92.5 percent over the past decade to AED124.69 billion by the end of 2021, compared with AED64.79 billion by end of 2012, according to statistics from the Federal Competitiveness and Statistics Centre (FCSC).   The trade exchange between the two countries… Continue reading UAE, Saudi Arabia non-oil foreign trade grew by 92.5% over past decade: FCSC

UAEU cooperates with 52 Saudi universities, academic and research institutions

AL AIN, The United Arab Emirates University (UAEU) has collaborated, through its various colleges and research centres, with 52 universities, centres and governmental educational or research institutions in the Kingdom of Saudi Arabia.   International collaboration is among the areas of strategic priorities for UAEU, as it aims to share best educational and research practices… Continue reading UAEU cooperates with 52 Saudi universities, academic and research institutions

MoHAP discusses ways to develop National Strategy for Nursing and Midwifery 2022-2026

DUBAI, The Ministry of Health and Prevention (MoHAP) has organised a special workshop in Dubai to discuss the National Strategy for Nursing and Midwifery 2022-2026 and its roadmap.   The five-day workshop, which was hosted by MoHAP’s National Committee for Nursing and Midwifery Affairs, aimed to develop implementation, follow-up, and evaluation methods to ensure the… Continue reading MoHAP discusses ways to develop National Strategy for Nursing and Midwifery 2022-2026

ADEK launches AED 1.9 billion Khotwa /RizeUp/ scholarship programme

ABU DHABI, Under the directives of H.H. Sheikh Khaled bin Mohamed bin Zayed, Deputy National Security Adviser, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, the Abu Dhabi Department of Education and Knowledge (ADEK) has launched the Khotwa (RizeUp) scholarship programme to further enhance access to education opportunities and open… Continue reading ADEK launches AED 1.9 billion Khotwa /RizeUp/ scholarship programme

UAE a pioneer in energy security and its sustainability: Hamdan bin Zayed

ABU DHABI, H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, said the developments and challenges being witnessed by the entire world confirm the appropriate long-term vision of the UAE’s leadership and the forward-looking approach of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to energy security, which is the… Continue reading UAE a pioneer in energy security and its sustainability: Hamdan bin Zayed

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