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Shares of Direct Line Insurance surged by over 36% in early trading on 28 November 2024 after the company rejected a £3.28 billion ($4.16 billion) takeover offer from rival Aviva, stating the offer "substantially undervalued" the company. Despite the surge, Direct Line's stock remained below the proposed offer price of 250 pence per share.
Direct Line is an insurance company based in Bromley, England. Founded in 1985, as the country's first direct car insurance company, it has since expanded to offer a range of general insurance products. Its policies are underwritten by the regulated subsidiary UK Insurance Limited, and it is owned by the Direct Line Group.
Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
In 2017, she left Prudential to join the Direct Line Group (DLG) as chief financial officer. At the time, she was the only woman on the executive committee of DLG. [4] In May 2019, James succeeded Paul Geddes as CEO of DLG. [5] In January 2023, she stepped down and was succeeded by the chief commercial officer Jonathan Greenwood as acting chief ...
The UAE Telecommunications and Digital Government Regulatory Authority (TDRA) was established in 2003 [1] to regulate the Information Communications and Telecommunications (ICT) sector in the United Arab Emirates (UAE) and to ensure sustainability, competitiveness and transparency among the service providers, [2] customers and shareholders.
Initially UAE-IX provided two options to get connected, with a Gigabit Ethernet (1 Gbit/s) or 10 Gigabit Ethernet (10 Gbit/s) port. With 80 regional and global customers connected to UAE-IX, the internet exchange exceeded 100 Gbit/s peak traffic in September 2018 and an additional port option for 100 Gigabit Ethernet (100 Gbit/s) was added.
Juma Al Majid Holding Group is an Emirati [5] [6] [7] [1] [8] holding company [9] and business conglomerate headquartered in Dubai. [10] It was established in the year 1950. [11] [12] Juma Al Majid Group has 33 companies with 150 branches in the UAE and GCCin automotive, real estate development, contracting and construction services, FMCG, distribution, travel, retail, hospitality and tourism.
Directline-Holidays was a trading name of Holidayline (UK) Ltd until the brand and website was sold to Broadway Travel in September 2013. It specialises in selling cheap package holidays, flights and hotels.