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HAYAH Insurance Company P.J.S.C., located on the 16th floor of Sheikh Sultan Bin Hamdan Building, Corniche Road, Abu Dhabi, UAE, has a paid-up capital of AED 200 million and is registered with the Central Bank of the UAE (registration no. 83 dated 16/09/2008). The CEO, Mr. Mohamed Seghir, announced on 25th September 2024 the list of candidates for the Board of Directors, following the candidacy opening announcement on 21st June 2024. The candidate list is available on the company's website, https://hayah.com.
Aldar, a leading real estate developer in the UAE, is investing AED 1.5 billion to transform its hotel portfolio in Abu Dhabi, aiming to capitalize on the growth of the UAE’s tourism sector and the global luxury travel market. Key changes include rebranding the Eastern Mangroves hotel as a Waldorf Astoria luxury resort, reimagining the Yas Plaza Hotels under the IHG brand to create the world's largest Vignette Collection resort, and converting the Tilal Liwa hotel in Al Dhafra into a luxury desert escape under the same brand. Additionally, Aldar is refurbishing and expanding its Nurai Island resort and enhancing its flagship hotels in Ras Al Khaimah. This transformation aligns with Abu Dhabi's strategy to increase international tourism, which saw a 27% rise in hotel guests in 2023.
GFH Financial Group B.S.C. has announced that its Board of Directors will hold a meeting on Thursday, November 7, 2024, at 2 p.m. (Kingdom of Bahrain time). The agenda includes reviewing the financial results for the third quarter of 2024 and discussing other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
Emirates Central Cooling Systems Corporation (Empower) announced its readiness for significant participation in the Water, Energy, Technology, and Environment Exhibition (WETEX) 2024 in Dubai. Empower, the world's largest district cooling services provider, will showcase its latest technologies and highlight its global leadership in district cooling development. The company plans to present its major projects, which have won international awards, and provide comprehensive explanations of their sustainable practices aimed at reducing carbon footprints and protecting the environment. Empower's CEO, Ahmad Bin Shafar, emphasized the company's commitment to offering an exceptional experience at the exhibition, stressing the importance of the event for integration across the energy sector and fostering collaboration between commercial and technical sectors. He also noted the growing demand for district cooling systems driven by the need for sustainable and cost-effective solutions.