Baaronemoon Nashe
Masih & Arash Ap
Business from Wednesday, January 8th, 2025
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ADNOC L&S completes acquisition of 80% stake in Navig8
ADNOC Logistics and Services plc on Wednesday announced the completion of its acquisition of an 80 per cent stake in Navig8 for $1.04 billion (AED3.8 billion), with a contractual commitment to acquire the remaining 20 per cent in mid-2027.
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Donald Trump announces $20 billion Damac US investment
Donald Trump has announced a $20 billion (AED 73.4 billion) investment from Damac Properties to build data centres across the United States.
News
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UAE launches Gaza education support campaignThe UAE has launched a campaign to support education in the Gaza Strip, as part of ‘Operation Chivalrous Knight 3’, with the aim of helping students to continue with their learning by sending vital school supplies.
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H.H. Sheikh Abdullah meets Afghanistan Acting Foreign MinisterHis Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has met with Acting Foreign Minister of Afghanistan, Mawlawi Amir Khan Muttaqi in Abu Dhabi.
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UAE adds 19 individuals, entities to terror list for Muslim Brotherhood linksThe UAE has added 11 individuals and 8 UK-based entities to its terrorism list due to their connections to the Muslim Brotherhood.
