AED

Abu Dhabi Securities Exchange (ADX) welcomes the listing of Pure Health "PureHealth", the largest integrated healthcare platform in the Middle East

Retrieved on: 
Wednesday, December 20, 2023
Family, AED, ADX, Initial public offering, IPO, Development, Abu Dhabi Securities Exchange, Security (finance)

ABU DHABI, UAE, Dec. 20, 2023 /PRNewswire/ -- Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, welcomed today the listing of PureHealth, the largest integrated healthcare platform in the Middle East.

Key Points: 
  • ABU DHABI, UAE, Dec. 20, 2023 /PRNewswire/ -- Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, welcomed today the listing of PureHealth, the largest integrated healthcare platform in the Middle East.
  • This year, we have witnessed strong investors' interest and participation towards the various dynamic listings and initiatives on the ADX platform.
  • As the largest integrated healthcare platform in the Middle East, we are proud of the role we continue to play in shaping the healthcare sector for Abu Dhabi and beyond.
  • This listing will further support our equity growth story by enabling us in taking the organization from Abu Dhabi to the World."

Abu Dhabi Securities Exchange (ADX) welcomes the listing of Pure Health "PureHealth", the largest integrated healthcare platform in the Middle East

Retrieved on: 
Wednesday, December 20, 2023
Family, AED, ADX, Initial public offering, IPO, Development, Abu Dhabi Securities Exchange, Security (finance)

ABU DHABI, UAE, Dec. 20, 2023 /PRNewswire/ -- Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, welcomed today the listing of PureHealth, the largest integrated healthcare platform in the Middle East.

Key Points: 
  • ABU DHABI, UAE, Dec. 20, 2023 /PRNewswire/ -- Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, welcomed today the listing of PureHealth, the largest integrated healthcare platform in the Middle East.
  • This year, we have witnessed strong investors' interest and participation towards the various dynamic listings and initiatives on the ADX platform.
  • As the largest integrated healthcare platform in the Middle East, we are proud of the role we continue to play in shaping the healthcare sector for Abu Dhabi and beyond.
  • This listing will further support our equity growth story by enabling us in taking the organization from Abu Dhabi to the World."

Phoenix Group PLC Announces Commencement of Offer Period for Upcoming IPO

Retrieved on: 
Thursday, November 16, 2023
Lead management, Phoenix Group, Abu Dhabi Securities Exchange, First Abu Dhabi Bank, AED, Blockchain, Prospectus, Security, Growth, Lead, Cryptocurrency

A leading innovator in the blockchain and cryptocurrency space, is pleased to announce the start of its offer period beginning November 16, 2023.

Key Points: 
  • A leading innovator in the blockchain and cryptocurrency space, is pleased to announce the start of its offer period beginning November 16, 2023.
  • This offering comes at a time when Phoenix Group is expanding its influence and is poised for significant growth.
  • Investors are invited to apply for shares within the offer period and be a part of Phoenix Group's exciting future.
  • For detailed information on the subscription process and to view the prospectus, please visit the Phoenix Group website or contact the Lead Receiving Bank.

AM Best Revises Issuer Credit Rating Outlook to Stable of Al Dhafra Insurance Company P.S.C.

Retrieved on: 
Friday, December 15, 2023
Insurance, Professional Services, ADIC, Risk management, Risk, Credit, AED, USD, AM Best, Central bank, Good, News, FSR, ALL, Environment, Reinsurance

AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of Al Dhafra Insurance Company P.S.C.

Key Points: 
  • AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of Al Dhafra Insurance Company P.S.C.
  • AM Best assesses ADIC’s business profile as limited, reflective of its market position as a mid-tier player in the UAE insurance market.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Affirms Credit Ratings of Al Fujairah National Insurance Company PJSC

Retrieved on: 
Thursday, December 7, 2023
Banking, Professional Services, Insurance, Finance, Engineering, Risk management, ERM, Investment, Risk, Credit, Government, AED, AFNIC, AM Best, Growth, Good, News, ALL, Bank

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Al Fujairah National Insurance Company PJSC (AFNIC) (United Arab Emirates).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Al Fujairah National Insurance Company PJSC (AFNIC) (United Arab Emirates).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Avive Solutions Co-Founders Selected for Forbes 30 Under 30 in Healthcare

Retrieved on: 
Wednesday, November 29, 2023
Cardiology, Software, Hardware, Health, Medical Devices, Hospitals, Health Technology, Technology, Juval Aviv, Cardiac arrest, AED, Pinterest, Guild Education, Survival, Managing editor, Car, AED (non-profit), Spotify

Forbes unveiled its 13th annual 30 Under 30 List for the Class of 2024, naming Avive Solutions co-founders, Sameer Jafri, Rory Beyer and Moseley Andrews as Honorees.

Key Points: 
  • Forbes unveiled its 13th annual 30 Under 30 List for the Class of 2024, naming Avive Solutions co-founders, Sameer Jafri, Rory Beyer and Moseley Andrews as Honorees.
  • Since 2011, Forbes Magazine has issued and compiled a prestigious list recognizing 30 of the top innovators, game-changers, and influencers under the age of 30 across 20 categories.
  • Rory Beyer, co-founder and COO of Avive Solutions shared, "It is fantastic to receive recognition for everything the Avive team has accomplished.
  • Moseley Andrews, co-founder and CTO of Avive Solutions echoed this sentiment, “I’m excited for the tremendous work of the entire Avive team to be recognized through our inclusion in this year’s Forbes 30 Under 30.

AM Best Affirms Credit Ratings of Dubai National Insurance & Reinsurance P.S.C.

Retrieved on: 
Wednesday, November 29, 2023
Banking, Professional Services, Insurance, Finance, Pressure, Risk management, Credit, History, AED, USD, AM Best, DNI, Growth, News, ALL, Reinsurance

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Dubai National Insurance & Reinsurance P.S.C.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Dubai National Insurance & Reinsurance P.S.C.
  • The associated counterparty credit risk is mitigated partially by the use of a panel of international reinsurance partners of sound credit quality.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Dubai International Chamber Launches Seventh Representative Office in Africa During ‘New Horizons’ Trade Mission to Four Countries on the Continent

Retrieved on: 
Tuesday, November 28, 2023
Finance, Banking, Professional Services, Commercial Building & Real Estate, Construction & Property, Communication, AED, Multimedia, Private sector, Partnership, International, Drug, Film industry

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has inaugurated its seventh representative office on the African continent in Nigeria.

Key Points: 
  • Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has inaugurated its seventh representative office on the African continent in Nigeria.
  • Located in Lagos, the chamber’s 28th international office worldwide will further strengthen the economic and trade ties between Dubai and Africa.
  • Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers (5th from left), during the inauguration ceremony for Dubai International Chamber’s new representative office in Nigeria.
  • The trade mission followed a recent similar roadshow to East Africa, in which 19 companies visited Kenya and Rwanda.

Dubai International Chamber Enhances Its Presence in Asia With Inauguration of New International Representative Office in Japan

Retrieved on: 
Thursday, November 16, 2023
Finance, Business, Professional Services, Commercial Building & Real Estate, Construction & Property, Yoy, International, Ambassador, Investment, Commerce, AED, Multimedia, Private sector, Dubai International Airport, Intelligence, International finance, Parliament, Growth, Hotel, Video game

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has enhanced its growing presence in Asia with the official launch of a new office in Japan.

Key Points: 
  • Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has enhanced its growing presence in Asia with the official launch of a new office in Japan.
  • The move further strengthens the emirate’s robust economic relationship with Japan and will facilitate the growth of bilateral business, trade, and investments.
  • View the full release here: https://www.businesswire.com/news/home/20231116011420/en/
    Ribbon-cutting ceremony during the inauguration of Dubai International Chamber’s new office in Tokyo yesterday with the participation of Mr. Ishii Taku, Parliamentary Vice-Minister of Economy, Trade, and Industry; H.E.
  • Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said: “Establishing a presence in Japan represents a significant step in our global expansion strategy.

Dubai International Chamber Launches New International Representative Office in Frankfurt, the Financial Capital of the Eurozone

Retrieved on: 
Wednesday, November 15, 2023
Professional Services, Business, Finance, International, Investment, Commerce, AED, Multimedia, Private sector, Intelligence, Operation, Growth, Drug, D33

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has enhanced its growing presence in Europe with the inauguration of a new international representative office in Germany.

Key Points: 
  • Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has enhanced its growing presence in Europe with the inauguration of a new international representative office in Germany.
  • The new representative office is the chamber’s fifth in Europe and 26th worldwide.
  • Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “We are eager to further expand the trade and economic ties that unite Germany and Dubai.
  • The total value of non-oil trade between the UAE and Germany reached over US$ 8 billion in 2022.