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Month: June 2023

Posted on 01/06/2023

Wizz Air Abu Dhabi adds a ninth aircraft and inaugurates its flights to Bishkek and Antalya

The national airline celebrates first flight to Bishkek and Antalya, adding to the eclectic mix of marvellous destinations, and expanding convenient, affordable travel for all …

Posted on 01/06/2023

Abu Dhabi: Field survey reveals violations, malpractices in several buildings, facilities

ADCD said that these practices – discovered during unannounced visits over a period of two weeks – affect safety of residents, visitors …

Posted on 01/06/2023

Large emitters ‘need to be at the table,’ COP28 director general says ahead of UAE meeting

Large emitters “need to be at the table” at COP28 in the UAE, the conference’s Director-General Majid Al Suwaidi tells CNBC, as the fossil fuel producer faces criticism ahead of November’s climate …

Posted on 01/06/2023

Unveiling Dubai Customs’ Mastery: Conquering Information Security Challenges for Remote Work Systems at Global Conference

Dubai Customs highlighted its expertise in addressing information security challenges related to remote work systems during its participation in the Inf …

Posted on 01/06/2023

EFG Hermes concludes advisory on $769mln IPO of ADNOC Logistics & Services Plc on ADX

EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division successfully completed advisory on the USD 769 million …

Posted on 01/06/2023

Adnoc IPO: Logistics & Services shares jump over 50% on listing

Adnoc Logistics & Services, a subsidiary of Adnoc Group, shares jumped over 50 per cent to over Dh3 per share on the first day of trading on the Abu Dhabi ..

Posted on 01/06/2023

UAE begins corporate tax roll-out amid diversification push

The UAE Federal Tax Authority and the Ministry of Finance declined to comment. Reporting by Lisa Barrington; Editing by Simon Cameron-Moore Our Standards: The Thomson Reuters Trust Principles.

Posted on 01/06/2023

How Dubai emerged from the desert to become one of the world’s leading metropolises

From a small fishing settlement in the 1960s to a futuristic urban infrastructure that attracts millions of visitors every year …

Posted on 01/06/2023

Crack the secret code and win the brand new 2023 Toyota Supra at Dubai Festival City Mall

Dubai, UAE: Dubai Festival City Mall, part of Al-Futtaim Malls, presents the all-new ‘Spend & Win’ campaign, offering mall visitors the chance to win the ultimate prize, the brand-new Toyota Supra …

Posted on 01/06/2023

UAE pledges $2.7bln more in industry offtake agreements

The UAE has pledged $2.7 billion more in offtake agreements for the country’s industrial sector in a move to boost local manufacturing, strengthen supply chains and attract international investors.

Posted on 01/06/2023

Number of Dubai healthcare facilities jump 11.5% in Q1 2023: DHA

Dubai Healthcare Authority (DHA) said it licensed a total of 143 health facilities in the first quarter of the year, bringing the total number of health facilities in the emirate to 4,609, an 11.5 per …

Posted on 01/06/2023

Indian tourists flock to Dubai as travel agencies unveil exciting new packages

Dubai’s weather may be too hot now but tour operators are offering ‘cool’ packages to travellers in India, making the city amongst the much sought after destination in the current summer holiday …

Posted on 01/06/2023

UAE property: ‘My landlord overcharged me for property damage’

Question: My family and I recently moved out of an apartment in Sharjah that we had rented for 10 years. However, the property manager sent me an overpriced bill under the pretext of fixing damages in …

Posted on 01/06/2023

UAE Pledges Additional $2.7bn in Industry Offtake Agreements, Invites Global Investors to Leverage Incentives

Addressing the second Make it in the Emirates Forum, HE Dr. Al Jaber said the new set of procurement opportunities would build on the previous forum’s offtake agreements. “One of the key achievements …

Posted on 01/06/2023

Adnoc Logistics Jumps 49% After $769 Million Abu Dhabi IPO

Adnoc Logistics & Services, the maritime logistics unit of Abu Dhabi’s main energy company, soared as much as 49% on its debut after its hugely oversubscribed $769 million initial public offering.

Posted on 01/06/2023

Abu Dhabi’s ADNOC Logistics & Services trades 44.8% over IPO price in debut

REUTERS/Toru Hanai DUBAI, June 1 (Reuters) – Shares in Abu Dhabi’s ADNOC Logistics & Services climbed 44.8% above their listing price on its market debut on Thursday, after raising $769 million in an …

Posted on 01/06/2023

Adnoc L&S share price surges on Abu Dhabi debut

Shares of Adnoc Logistics & Services surged as much as 51 per cent as the company made its debut on the Abu Dhabi Securities Exchange on Thursday. The shares, which started trading on the ADX under …

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