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The NMDC Group, formerly known as the National Marine Dredging Company, has been awarded a contract by Ta’ziz for engineering, procurement, and construction (EPC) works on the Logistic Project – Port Package. The project is valued at over USD 300 million and is expected to be completed within 25 months.
Presight, a leading big data analytics company in the UAE and majority shareholder of AIQ, has welcomed the announcement of the ENERGYai solution for the energy sector at ADIPEC 2024. Developed by ADNOC and AIQ in collaboration with G42 and Microsoft, ENERGYai aims to transform the global energy value chain. Presight plans to scale this solution across ADNOC’s full value chain, highlighting the collaboration between these companies. The announcement comes just before Presight's Q3 2024 results.
Taaleem Holdings PJSC held its Annual General Assembly on November 5, 2024, at Dubai British School and virtually. The assembly approved several key items: the Board of Directors' report on company activities and financial position for the fiscal year ending August 31, 2024; the auditor's report for the same period; the company's balance sheet, profit and loss, and financial statements; a cash dividend distribution of AED 120 million (AED 0.12 per share, representing 12% of the paid-up share capital); and the Board of Directors' remuneration proposal for the period from September 1, 2023, to August 31, 2024, totaling AED 5.25 million.