Top officials pose for a photograph on the occasion of the announcement in Dubai on Tuesday.
The IPO subscription period starts today and runs until 2 April 2022 for the UAE Retail Offering and 5 April 2022 for the Qualified Investor Offering.
Multiply Group, a technology-enabled holding company based in Abu Dhabi, on Friday announced that it will be investing Dhs367 million into the Dubai Electricity and Water Authority’s (DEWA’s) landmark initial public offering as a cornerstone investor.
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has inaugurated the simulator and training centre at its Jebel Ali Power Plant and Desalination Complex.
A delegation from Abu Dhabi Future Energy Company (Masdar) visited the Dubai Electricity and Water Authority (Dewa) as the meeting between the high-level officials aims to strengthen their strategic partnership on renewable and clean energy. The delegation from Masdar included Mohamed Jameel
Emirates Global Aluminium (EGA), the world’s biggest ‘premium aluminium’ producer, supplied 203 thousand tonnes of waste to other industries as feedstock in 2022.
Shares in India’s Adani Group plunged up to 20% on Friday and the company said it was considering legal action against US-based short-selling firm Hindenburg Research for allegations
Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags.