Latest Threads on News from companies

Al Salam Bank has launched a promotional campaign for credit cards issued through its app, running from November 3 to December 31, 2024. The first 900 clients to obtain a new credit card via the app will receive an instant BD 20 reward, and all users can earn 10% cashback on transactions, up to BD 30, during the campaign. This initiative highlights the bank's focus on enhancing digital banking experiences and providing innovative solutions. Mr. Mohammed Buhijji, Head of Retail Banking, emphasized the campaign's role in making banking services more accessible and rewarding for clients. The campaign aligns with Al Salam Bank's strategy to integrate digital technology into its services, aiming to meet evolving client needs and improve satisfaction. For more details, clients can visit the bank's website, contact via WhatsApp, or book an appointment through the Skiplino app.

Enersol has signed an agreement to acquire a 95% equity stake in Deep Well Services (DWS) for approximately $223 million. This acquisition supports Enersol's growth strategy to become a technology-centric investment platform. DWS, established in the U.S. in 2008, utilizes advanced technology, data analytics, and automation to improve performance and sustainability in the energy sector. This marks Enersol's fourth acquisition, bringing its total commitments to nearly $800 million since its inception. The transaction is subject to regulatory approvals and customary conditions.

The company has communicated to the Abu Dhabi Securities Exchange that there is no material information or news available that would impact the company's share price.

Emirates Telecommunications Group Company PJSC, also known as e&, has announced that it will hold a General Assembly meeting on Tuesday, November 26, 2024, at 1:00 pm. The meeting will take place with options for both physical attendance and virtual participation via electronic means. The invitation, which includes the meeting agenda, is enclosed. The announcement is signed by Hasan Al Hosani, the Group Corporate Secretary.

The company has communicated to the Abu Dhabi Securities Exchange's Market Operations Surveillance Department that there is no material information or news from the company that would influence the increase in its share price.

Enersol has signed an agreement to acquire a 95% equity stake in Deep Well Services (DWS) for $223 million, as part of its growth strategy to become a technology-focused investment platform. DWS, established in the U.S. in 2008, utilizes advanced technology, data analytics, and automation to improve energy sector performance and sustainability. This acquisition marks Enersol's fourth, bringing its total investment commitments to nearly $800 million. The transaction is pending regulatory approvals and other standard conditions.

Aldar has launched Mamsha Gardens, a resort-style residential development on Saadiyat Island in Abu Dhabi, near Mamsha Al Saadiyat and the Saadiyat Cultural District. The development includes 493 luxury apartments and townhouses with iconic views, surrounded by lush gardens and premium retail spaces. Located within 200 meters of Mamsha Beach, the area is being enhanced to offer a French Riviera-inspired elegance. Mamsha Gardens features a walkway connecting residents to cultural and leisure attractions on the island, including premium retail experiences at Saadiyat Grove. Designed by ACME Architecture, the project incorporates landscaped gardens with water-efficient irrigation systems.