Israel and the UAE have signed an agreement to promote cancer and diabetes research, in addition to a joint study on mass vitamin D deficiency in the region, the Khaleej Times has reported. The Kah.
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RIYADH: After raising $6.1 billion in a record initial public offering, the CEO of the Dubai Electricity and Water Authority said the firm has no plans to sell more stock. It is also eyeing 7.4 billion dirhams ($2 billion) in 2023 profit, amid a prospective IPO of its district cooling unit by the end of this year, Saeed Al-Tayer told Bloomberg. The state-owned utility provider
RIYADH: Following a stellar initial public offering, the Dubai Electricity and Water Authority is in a strong position to distribute 6.2 billion dirhams ($1.69 billion) in dividends, the utility’s CEO, Saeed Al-Tayer, told Al Arabiya. “Based on the study we conducted and our business plan, the company has long financial sustainability and a strong cash flow position,” so there