At the shareholders' meeting of the "Emirates Driving Company", an increase in the company's capital by a total of 500 million dollars was approved. This increase was made through the issuance of new shares, which will be sold to existing shareholders of the company.
The chairman of the board of directors of the company stated that this capital increase will help the company expand its operations and implement new promising projects. Furthermore, it also aims to strengthen the financial position of the "Emirates Driving Company" and enhance its competitiveness in the market.
"We thank our shareholders for their support and trust. This capital increase opens new horizons for the development of the company and allows us to realize ambitious plans for the expansion of our business," noted the chairman of the board of directors.
This significant event for the "Emirates Driving Company" has become another step towards strengthening its position in the driver training market in the United Arab Emirates. The capital increase will enable the company to implement new projects and strategies that contribute to its growth and development.
