NMDC Energy PJSC, a provider of engineering, procurement and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC, today began trading on the Abu Dhabi Securities Exchange (ADX) following an Initial Public Offering (IPO) that was oversubscribed by 31.3 times.
Gross banks’ assets exceed AED4.3 trillion by end of June: CBUAE
The Central Bank of the UAE (CBUAE) revealed that total gross banks’ assets, including bankers’ acceptances, rose by 0.5 percent from AED4,287.0 billion at the end of May 2024 to AED4,310.2 billion at the end of June 2024.
Khaled bin Mohamed bin Zayed chairs meeting of Executive Committee of ADNOC Board of Directors
H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors.
DGHR announces holiday for public sector on Prophet Muhammad’s birthday
The Dubai Government Human Resources Department (DGHR) issued a circular, declaring that Sunday, 15th September, 2024, (12 Rabi Al-Awwal 1446), will be a holiday for all government bodies, departments, and institutions on Prophet Muhammad’s birthday.
SpaceX set to launch billionaire’s private crew on breakthrough spacewalk mission
A crew of four private astronauts on Tuesday were in the final stages of preparation for a risky SpaceX mission to attempt the first-ever private spacewalk using the company's new spacesuits and a redesigned spacecraft, Reuters reported.
Seoul records season’s latest tropical night as heat wave continues into fall
Overnight temperatures in Seoul stayed above 25 C, marking the season's latest tropical night since meteorological observation began, Yonhap News Agency said Tuesday.
NCM warns of fog formation, poor visibility
The National Centre of Meteorology (NCM) has urged motorists in the UAE to follow the traffic regulations regarding the chance of fog formation.
MoFA receives credentials copy from new Ambassador of Kenya
Saif Abdulla Alshamisi, Assistant Undersecretary for Protocol Affairs at the Ministry of Foreign Affairs (MoFA), received a copy of the credentials of Kenneth Milimo Nganga, Ambassador of the Republic of Kenya to the UAE.
Dubai South awards AED150 million construction contract for ‘South Living’ project
Dubai South Properties has announced the appointment of Al Turath Al Aseel Contracting for an AED150 million contract towards the construction of South Living Tower, a luxury apartment development at The Residential District in Dubai South.
ADQ establishes Q Mobility to enhance transportation services in Abu Dhabi
ADQ, an Abu Dhabi-based investment and holding company, has established Q Mobility to enhance transportation services through smart mobility solutions, focusing on providing sustainable and integrated solutions that support the Emirate's growth.