Emirate of Fujairah

Sharjah Government Pavilion showcased sustainable and proactive projects at conclusion of GITEX Global 2023

Retrieved on: 
Friday, October 20, 2023

During his tour, Sheikh Saud reviewed the remarkable achievements presented by the Dubai Digital Government, Ajman Digital Government, Fujairah Government, Abu Dhabi Government, Telecommunications and Digital Government Regulatory Authority, Etisalat by e&, and Du.

Key Points: 
  • During his tour, Sheikh Saud reviewed the remarkable achievements presented by the Dubai Digital Government, Ajman Digital Government, Fujairah Government, Abu Dhabi Government, Telecommunications and Digital Government Regulatory Authority, Etisalat by e&, and Du.
  • As the exhibition concluded, the Sharjah Government Pavilion featured the Sharjah Commerce and Tourism Development Authority's 'Sustain Sharjah,' whose objective is to establish the Sharjah Sustainable Tourism website as a comprehensive platform designed to meet all the emirate's sustainable tourism requirements.
  • This aligns with the broader strategy to position Sharjah as a prominent and sustainable tourism destination.
  • The Sharjah Government Pavilion at GITEX 2023 prominently featured a range of outstanding projects and initiatives presented by 11 government entities, underscoring a commitment to innovation in delivering sustainable and proactive services that align seamlessly with Sharjah's overarching mission to establish a comprehensive and sustainable digital ecosystem towards enhancing the overall quality of life for the emirate's residents, visitors, and businesses.

Sharjah Government Pavilion showcased sustainable and proactive projects at conclusion of GITEX Global 2023

Retrieved on: 
Friday, October 20, 2023

During his tour, Sheikh Saud reviewed the remarkable achievements presented by the Dubai Digital Government, Ajman Digital Government, Fujairah Government, Abu Dhabi Government, Telecommunications and Digital Government Regulatory Authority, Etisalat by e&, and Du.

Key Points: 
  • During his tour, Sheikh Saud reviewed the remarkable achievements presented by the Dubai Digital Government, Ajman Digital Government, Fujairah Government, Abu Dhabi Government, Telecommunications and Digital Government Regulatory Authority, Etisalat by e&, and Du.
  • As the exhibition concluded, the Sharjah Government Pavilion featured the Sharjah Commerce and Tourism Development Authority's 'Sustain Sharjah,' whose objective is to establish the Sharjah Sustainable Tourism website as a comprehensive platform designed to meet all the emirate's sustainable tourism requirements.
  • This aligns with the broader strategy to position Sharjah as a prominent and sustainable tourism destination.
  • The project's primary goal is to educate the general public, individuals, and businesses about the far-reaching effects of sustainable tourism within the sector.

GULFNAV Submits Proposal to Acquire All of the Businesses and Assets of Brooge Energy Limited

Retrieved on: 
Tuesday, October 3, 2023

GULFNAV has stated that this proposed acquisition is part of its strategy to enhance growth and provide an integrated portfolio of logistical services related to oil, petrochemicals and gas.

Key Points: 
  • GULFNAV has stated that this proposed acquisition is part of its strategy to enhance growth and provide an integrated portfolio of logistical services related to oil, petrochemicals and gas.
  • In addition, BEL has not responded to GULFNAV’s proposal and there is no guarantee it will accept the proposal.
  • GULFNAV is optimistic that the proposed transaction, if agreed by both parties, would target closing in the fourth quarter of 2023.
  • GULFNAV works with some of the world’s largest petrochemical companies and independent trading houses, specializing in the transportation of crude oil and chemical products.

Brooge Energy Ltd Announces Extended Nasdaq Stay

Retrieved on: 
Wednesday, November 23, 2022

In accordance with the Nasdaq Listing Rules, the Company also requested a further stay beyond the automatic 15-day stay period pending the conclusion of the hearing process, which was granted on November 22, 2022.

Key Points: 
  • In accordance with the Nasdaq Listing Rules, the Company also requested a further stay beyond the automatic 15-day stay period pending the conclusion of the hearing process, which was granted on November 22, 2022.
  • Brooge Energy Ltd, is a Cayman Islands-based infrastructure provider now intending to focus on renewable energy infrastructures and biofuels, next to clean petroleum products, crude oil storage and related services.
  • The company conducts its business and operations through its subsidiaries Brooge Renewable Energy, Brooge Petroleum and Gas Investment Company FZE (BPGIC), and Brooge Petroleum and Gas Investment Company Phase 3 FZE.
  • Brooge Energy does not undertake any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Brooge Energy Ltd Announces Receipt of Nasdaq Staff Determination Letter

Retrieved on: 
Friday, November 4, 2022

NEW YORK, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (Brooge Energy or the Company) (Nasdaq: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced that it has received a staff determination letter (the Letter) from The Nasdaq Stock Market (Nasdaq) dated October 31, 2022.

Key Points: 
  • NEW YORK, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (Brooge Energy or the Company) (Nasdaq: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced that it has received a staff determination letter (the Letter) from The Nasdaq Stock Market (Nasdaq) dated October 31, 2022.
  • Brooge Energy Ltd, is a Cayman Islands-based infrastructure provider now intending to focus on renewable energy infrastructures and biofuels, next to clean petroleum products, crude oil storage and related services.
  • The company conducts its business and operations through its subsidiaries Brooge Renewable Energy, Brooge Petroleum and Gas Investment Company FZE (BPGIC), and Brooge Petroleum and Gas Investment Company Phase 3 FZE.
  • Brooge Energy does not undertake any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Brooge Energy Ltd Engages Grant Thornton as Independent Advisor to Provide Fairness Opinion on Proposed Go-Private Transaction

Retrieved on: 
Friday, October 28, 2022

Any transaction, if entered into, will be subject to the receipt of a fairness opinion, approval of the special committee of the Board of Directors, and approval of the Companys shareholders.

Key Points: 
  • Any transaction, if entered into, will be subject to the receipt of a fairness opinion, approval of the special committee of the Board of Directors, and approval of the Companys shareholders.
  • Brooge Energy Ltd, is a Cayman Islands-based infrastructure provider now intending to focus on renewable energy infrastructures and biofuels, next to clean petroleum products, crude oil storage and related services.
  • The company conducts its business and operations through its subsidiaries Brooge Renewable Energy, Brooge Petroleum and Gas Investment Company FZE (BPGIC), and Brooge Petroleum and Gas Investment Company Phase 3 FZE.
  • Brooge Energy does not undertake any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Brooge Energy Ltd Announces Unaudited Financial Results for the Nine Months Ended September 30, 2022

Retrieved on: 
Tuesday, October 25, 2022

NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (Brooge Energy or the Company), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced its unaudited financial results for the nine months ended September 30, 2022.

Key Points: 
  • NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (Brooge Energy or the Company), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced its unaudited financial results for the nine months ended September 30, 2022.
  • Unaudited Financial Results for the Nine Months Ended September 30, 2022:
    Mr. Nicolaas Paardenkooper, Chief Executive Officer of Brooge Energy, stated, Unaudited total revenue for the first nine months of 2022 is extremely healthy due to our ability to maintain 100% contracted capacity at attractive terms.
  • The company conducts its business and operations through its subsidiaries Brooge Renewable Energy, Brooge Petroleum and Gas Investment Company FZE (BPGIC), and Brooge Petroleum and Gas Investment Company Phase 3 FZE.
  • Brooge Energy does not undertake any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Brooge Energy Ltd Appoints Firoze Kapadia as Independent Board Member and Regains Compliance with NASDAQ Listing Rule 5605(b)(1)

Retrieved on: 
Friday, October 21, 2022

With this appointment, Brooge Energys board of directors is comprised of seven members, including four independent directors.

Key Points: 
  • With this appointment, Brooge Energys board of directors is comprised of seven members, including four independent directors.
  • Mr. Nicolaas Paardenkooper, Chief Executive Officer of Brooge Energy, stated, We are pleased to welcome Firoze as independent director of the Company.
  • His financial, regulatory insight and leadership will be invaluable to Brooge Energy as we continue to grow our business.
  • Brooge Energy does not undertake any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Brooge Energy Ltd Engages Thyssenkrupp Uhde to Undertake a Technical Study for its Planned Green Hydrogen and Ammonia Plant in the UAE Using the Latest Technology

Retrieved on: 
Wednesday, September 21, 2022

The study will cover the green hydrogen production facilities, the ammonia plant, and the associated utilities.

Key Points: 
  • The study will cover the green hydrogen production facilities, the ammonia plant, and the associated utilities.
  • The Company plans to commence the study shortly with the final report expected to be delivered during fourth quarter 2022.
  • Mr. Nicolaas Paardenkooper, Chief Executive Officer of Brooge Energy, stated, Engaging thyssenkrupp Uhde is another important step in our transition to clean energy.
  • Global demand for clean energy sources has been strong and is expected to accelerate in the coming years.

Brooge Energy Receives Expression of Interest from its Majority Shareholder to Acquire its Public Shares and Take the Company Private

Retrieved on: 
Wednesday, August 17, 2022

NEW YORK, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based energy infrastructure service provider, which is currently engaged in clean petroleum products, biofuels, crude oil storage, and related services, today announced that its majority shareholder, BPGIC Holdings Limited (“Holdings”), has expressed an interest to acquire all the shares of the Company that it does not currently own and to take the Company private.

Key Points: 
  • The Board of Directors of the Company is considering the proposal and will be entering into substantive negotiations.
  • Any transaction, if entered into, will be subject to the receipt of a fairness opinion and approval of the Companys shareholders and bondholders.
  • The company conducts its business and operations through its subsidiaries Brooge Renewable Energy, Brooge Petroleum and Gas Investment Company FZE, and Brooge Petroleum and Gas Investment Company Phase 3 FZE (BPGIC).
  • Brooge Energy does not undertake any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.