Abu Dhabi Ports rose 15% on its trading debut after a 4 billion dirham ($1.1 billion) share sale, underscoring the continued strong demand for new listings in the Middle East even as offerings from …
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Abu Dhabi Ports Group starts trading after $1B capital raise
Abu Dhabi Ports Group is trading on Abu Dhabi’s stock exchange for the first time, following a $1.1 billion capital raise from a primary issuance ahead of its listing …
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Indian expat replicates Kerala village in Sharjah with rice field, thatched hut, well and waterfall
A thatched hut in the middle of a rice paddy field. A wooden, thatched gazebo tent on a mound with rock waterfall flowing from its top. A large pond with a traditional wooden boat, fish and water …
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Retailers, shoppers to fully back new rule on plastic bags in Dubai
Outlets, residents welcome new tariff on single-use plastic bags to support environment Single-use plastic bags at the till will be phased out in two years in Dubai under a new rule Image Credit …
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Chelsea star Reece James left OUT of Thomas Tuchel’s squad for the Club World Cup despite travelling to Abu Dhabi and being named as part of the team on the club’s official website
The Chelsea defender has travelled to Abu Dhabi with the rest of his team-mates in a list published by FIFA on Monday, James is now no longer included in the team. In the list published by FIFA, …
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Abu Dhabi Ports Group announces listing of shares on home stock exchange
Khalifa Port in Abu Dhabi. Abu Dhabi Ports Group on Monday announced the listing of its shares on the main market of the Abu Dhabi Securities Exchange (ADX). Trading is set to begin on Tuesday but …
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ADQ-backed Abu Dhabi’s AD Ports raises US$1 billion before market debut
DUBAI : Abu Dhabi’s AD Ports Group, owned by sovereign wealth fund ADQ, said it raised 4 billion dirhams (US$1.1 billion) in proceeds from its primary issuance and would list its shares on the bourse …
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Reece James Not Included in Chelsea’s Club World Cup Squad Despite Travelling to Abu Dhabi
Reece James has not been included in Chelsea’s 23-man squad for the Club World Cup despite travelling to Abu Dhabi with his team. The defender is recovering from injury and was unlikely to be in the …
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Abu Dhabi ports collect USD1b via stocks sale
(MENAFN) Abu Dhabi Ports Group, the premier facilitator of industrial metropolises and free zones in the country, collected Dh4 billion (USD1bn) from its stock sale to aid the firm enlarge its …
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Abu Dhabi’s AD Ports Raises $1B Before Market Debut
Abu Dhabi’s AD Ports Group, owned by sovereign wealth fund ADQ, said it raised 4 billion dirhams ($1.1 billion) in proceeds from its primary issuance and would list its shares on the bourse on Tuesday …
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Abu Dhabi Islamic Bank posts 45% rise in net profit for 2021
Abu Dhabi Islamic Bank has reported Dhs2.33bn in net profit for 2021, recording a 45 per cent year-on-year increase from Dhs1.60bn recorded in 2020. Revenue for 2021 improved 4 per cent to Dhs5 …
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AD Ports Group lists shares on Abu Dhabi Securities Exchange
AD Ports Group, an integrated ports, logistics and industrial zone operator, has listed its shares on the Abu Dhabi Securities Exchange (ADX) main market. Trading of the shares is set to commence …
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Video: Four airlifted to hospitals after accidents in Sharjah, Ras Al Khaimah
NSRC had received a call from the operation room of Sharjah Police reporting a person in a critical condition due to wounds he sustained in an accident in the desert of Al Madam a …
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UAE – SCCI to Honor Winners of Sharjah Excellence Award 2020-2021
Sharjah, 07 February 2022: The Sharjah Chamber of Commerce and Industry (SCCI) will organize a ceremony at its premises during the month of February to honor the winners of the Sharjah Excellence …
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Sharjah’s Lucas and Al Jazira’s Diaby in shortlist for monthly UAE Pro League awards
The shortlist for the Best Player award includes Sharjah duo Caio Lucas and Luan Pereira, who delivered outstanding performance and helped their team get back on the right path. They are joined by …
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UAE Business Tax Will Help Support Smaller Emirates, S&P Says
A new tax on corporate profits will help the United Arab Emirates diversify away from oil and support the smaller sheikhdoms that make up the Gulf nation, S&P Global Ratings said. If the federal …
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Dubai’s DP World sees 2021 business boost but Omicron weighs on performance
Dubai-based DP World Limited on Monday announced it handled 77.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 2021. Gross container volumes …
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