Home / News (page 128)

News

“Americana Restaurants” raises the percentage of the individual segment in the UAE to 10%, reduces the shares available for qualified institutions to 80% of the total offering

Americana International Restaurants Company announced an increase in the number of shares available to individual investors in the UAE in its initial public offering from 5% to 10% of the total offering shares, to become similar to the percentage of individual investors in the Kingdom of Saudi Arabia. There is …

Read More »

Gold is rising due to the decline in the dollar

Gold prices rose on Friday, due to the decline in the US dollar, but it is still heading towards incurring its first weekly loss in three weeks, affected by indications from officials of the Federal Reserve (the US central bank) that more interest rate hikes are on the way. By …

Read More »

Abu Dhabi Ports acquires Twatom Logistics for 2.5 billion dirhams

Abu Dhabi Ports Group announced on Friday that it has acquired Noatum, the global platform for integrated logistics services spread in 26 countries, which in the last twelve months achieved revenues of 6.91 billion dirhams and profits before interest, taxes, depreciation and amortization amounted to 555 million dirhams. The total …

Read More »

UAE newspaper editorials

Abu Dhabi on November 18/ The local newspapers issued this morning, in their editorials, focused on the participation of the Emirates, the Sultanate of Oman, in its celebrations of its 52nd National Day, which is an embodiment of the depth of the brotherly relations and the distinguished strategic partnership between …

Read More »