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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From United Fidelity Insurance Company (P.S.C)
Disclosures: Disclosure of the appointment of the Chief Executive Officer of United Fidelity Insurance Company (P.S.C)

1. Disclosures: Disclosure of the appointment of the Chief Executive Officer of United Fidelity Insurance Company (P.S.C)

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Oman & Emirates Investment Holding Co
Disclosures: Oman & Emirates Investment Holding Co Board Meeting Results held on 03/07/2024 at 12:00

1. Disclosures: Oman & Emirates Investment Holding Co Board Meeting Results held on 03/07/2024 at 12:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From ADNOC Drilling Company PJSC
Disclosures: ADNOC Drilling Company PJSC - ADNOC Drilling Awarded $733 Million Contract for Three Newbuild Island Rigs

ADNOC Drilling has been awarded a $733 million contract by ADNOC Offshore for three new island drilling rigs to support operations at the offshore Zakum field. The contract, which exceeds medium-term guidance, is expected to enhance long-term cash flow and earnings visibility. ADNOC Drilling is collaborating with Honghua Group to integrate artificial intelligence into rig design, improving safety and efficiency. This investment is part of ADNOC Drilling's growth strategy, with over $2.2 billion invested since its IPO in building a large integrated drilling fleet. The new rigs will be some of the most advanced globally and will operate on existing and new artificial islands at the Zakum field. The award is seen as a significant milestone and a testament to ADNOC Drilling's technical expertise and capabilities.

1. Disclosures: ADNOC Drilling Company PJSC - ADNOC Drilling Awarded $733 Million Contract for Three Newbuild Island Rigs

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Al Seer Marine Supplies & Equipment Company P.J.S.C
Disclosures: Al Seer Marine Supplies & Equipment Company P.J.S.C - List of Candidates for Membership of the Board of Directors

1. Disclosures: Al Seer Marine Supplies & Equipment Company P.J.S.C - List of Candidates for Membership of the Board of Directors

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From ADNOC Drilling Company PJSC
Disclosures: ADNOC Drilling Company PJSC

ADNOC Drilling has been awarded a $733 million contract by ADNOC Offshore for three new island drilling rigs to support operations at the offshore Zakum field. The contract, which exceeds medium-term guidance, enhances long-term cash flow and earnings visibility. ADNOC Drilling is collaborating with Honghua Group to integrate artificial intelligence into rig design, improving safety and efficiency. This purchase is part of ADNOC Drilling's growth strategy, with over $2.2 billion invested since its IPO in building a large integrated drilling fleet. The new rigs will operate on existing and newly constructed artificial islands at the Zakum field, contributing to ADNOC's efforts to meet global energy demands while minimizing emissions.

1. Disclosures: ADNOC Drilling Company PJSC

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
2 years ago
News Update From Abu Dhabi Ship Building Co.
Disclosures: Abu Dhabi Ship Building Co. Board Meeting Results held on 02/07/2024 at 10:00

On July 2, 2024, Abu Dhabi Ship Building PJSC held a Board of Directors meeting from 10:00 am to 12:00 pm with eight board members present, achieving an 88.89% quorum. During the meeting, the board approved the previous meeting's minutes, the company budget for 2024-2028, and the company policies and procedures. The authorized signatory for these resolutions is CEO David Massey, who signed the document on July 2, 2024.

1. Disclosures: Abu Dhabi Ship Building Co. Board Meeting Results held on 02/07/2024 at 10:00

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Union Coop
Disclosure: BOD meeting

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From GFH Financial Group B.S.C.
Disclosure: Clarification from the company

GFH Financial Group B.S.C. announced that following unusual trading activity of its shares in Boursa Kuwait on Tuesday, July 2, 2024, and in accordance with Boursa Kuwait's instructions and Article 4-5 of Module 10 (Disclosures and Transparency) of the Capital Markets Authority (Kuwait) Executive Regulations of Law No. 7 of 2010, there is no additional material information to disclose beyond what has already been recently announced. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Disclosure: Clarification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Al Sagr National Insurance Company
Disclosure: Board Decisions by Passing

1. Disclosure: Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
2 years ago
News Update From Gulf Navigation Holding PJSC
Disclosure: Change the timing of BOD meeting

1. Disclosure: Change the timing of BOD meeting

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