AD Ports Group (ADX: ADPORTS) today announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority owner with a 60% stake.
Tag: UAE
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Dubai Chambers signs MoU with Bank of China to support investors and enhance bilateral trade
Dubai Chambers has signed a Memorandum of Understanding (MoU) with Bank of China – Dubai Branch - to develop collaboration and enhance cooperation between the business communities in Dubai and China.
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75% of pavilions for Al Ain Book Festival 2024 booked: ALC
The Abu Dhabi Arabic Language Centre (ALC) announced that 75 percent of pavilions for the Al Ain Book Festival 2024 had been booked, just one week after opening the registration period for the upcoming 15th edition, set to take place from 18th to 24th November at the Hazza bin Zayed Stadium in Al Ain.
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Ajman real estate market soars with AED2 billion in July transactions, up 42.85%
The real estate market in Ajman continues its upward trend, recording 1468 real estate transactions in July with a total value of over AED2 billion, a growth of 42.85 percent year-on-year.
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Sharjah Finance Department inaugurates ‘Cyber Defence Centre’
The Sharjah Finance Department (SFD) inaugurated the Cyber Defence Centre on Monday to enhance its integrated information security system and protect its digital infrastructure and vital assets.
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Emirates to introduce retrofitted Boeing 777s to Zurich, Riyadh
Emirates today announced plans to introduce its newly retrofitted Boeing 777s to two more cities - Zurich and Riyadh from 1st October 2024.
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AD Ports Group reports 42% growth in total net profit in Q2-24
AD Ports Group on Tuesday announced that its total net profit reached AED439 million in Q2 2024, an increase of 42% Year-on-Year (YoY), while the net profit after minorities reached AED333 million in Q2 2024, an increase of 16% YoY.
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ADNOC Drilling to be added to MSCI’s flagship indexes on August 30
ADNOC Drilling Company has announced that its stock has been selected for inclusion in the prestigious MSCI indexes effective post market close on 30th August 2024.
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IFZA sponsors Smart Cities Week APAC 2024
IFZA, Dubai’s most dynamic free zone community, has sponsored the Smart Cities Council’s (SCC’s) inaugural Smart Cities Week APAC event held recently in Australia.
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DEWA commissions 558 11 kV distribution substations in H1 2024
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that the authority has commissioned 558 11 kV distribution substations across Dubai in the first half of 2024.