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.
Tag: UAE
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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.
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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.
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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.
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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.
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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.
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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.
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UAE emerges as key player in global development, strengthens role in China’s Belt and Road Initiative
The United Arab Emirates has emerged as a key player in regional and global development, driven by its visionary leadership, strategic location, and favourable business climate.
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UAE-India Business Forum kicks off in Mumbai
The India-UAE Business Forum opened today in Mumbai under the theme “Beyond CEPA: Innovation and Future-Ready Economies”.
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UAE President, VPs congratulate President of North Macedonia on Independence Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Gordana Siljanovska-Davkova of the Republic of North Macedonia, on the occasion of her country's Independence Day.