Latest Threads

ADNOC Logistics & Services Plc (ADNOC L&S) and South Korean shipyard Hanwha Ocean Co. Ltd. have signed a Letter of Intent to construct a minimum of three Liquified Natural Gas (LNG) carriers, with options for at least two additional carriers. Each LNG carrier will have a capacity of 174,000 cubic meters and is scheduled for delivery in 2028. ADNOC L&S, listed on the Abu Dhabi Securities Exchange, is a global energy maritime logistics company serving over 100 customers in more than 50 countries. For more information, visit their website or contact their media and investor relations teams.

ADNOC Logistics & Services Plc (ADNOC L&S) and Samsung Heavy Industries have signed a Letter of Intent for the construction of at least three Liquified Natural Gas (LNG) carriers, with options for an additional two carriers. Each LNG carrier will have a capacity of 174,000 cubic meters and is scheduled for delivery in 2028. ADNOC L&S is a global energy maritime logistics company based in Abu Dhabi, serving over 100 customers in more than 50 countries. For more information, visit their website or contact them via email for media or investor inquiries.

HAYAH Insurance Company P.J.S.C., located on the 16th floor of Sheikh Sultan Bin Hamdan Building, Corniche Road, Abu Dhabi, UAE, is a Public Joint Stock Company with a paid-up capital of AED 200 million. It is registered with the Central Bank of the UAE under registration no. 83 since 16/09/2008. Mohamed Seghir, the Chief Executive Officer, signed the document on 28th May 2024. The company disclosed the resignation of Mrs. Alyazia Ali Saleh Ahemd Alkuwaiti, a non-executive, independent board member, effective from 22nd May 2024, citing private reasons for her resignation.

Eshraq Investments PJSC, listed on the Abu Dhabi Securities Exchange, has announced a new corporate strategy focusing on directly held Private Equity investments in high-growth GCC companies over a 5-7 year period. This strategy aims to maximize shareholder value by balancing the portfolio with cash generation from minority equity positions, fixed income assets, and Real Estate investments. The company is also evaluating options for its legacy portfolio, including developed and undeveloped Real Estate assets and the future management of the Goldilocks Fund. The Board has mandated immediate execution of the strategy. Chairman Fahad Al Qassim and CEO Mohamed Al Hashimi expressed confidence in the new direction, highlighting the company's strong balance sheet and experienced management team as key enablers for future growth. Further announcements regarding the transition of legacy assets are expected soon.