If the aluminium producer raises $3 billion, it would be the largest-ever IPO from the UAE, according to data compiled by Bloomberg, surpassing the 2014 stock sale by Emaar Malls PJSC. Spokesmen for EGA and the banks declined to comment.
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Arqaam Capital launches global macro hedge fund
Dubai: Arqaam Capital, the specialist emerging markets investment … and top-tier international investment banks and leading hedge fund managers. The fund will be managed by Areski Iberrakene as Chief Investment Officer. “The launch of Arqaam’s …
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Tickets on Sale for 2017 Abu Dhabi Grand Prix as F1® Enters New Era
Yas Marina Circuit rewards loyal fans with early bird discounts of up to 30 per cent on ticket sales ABU DHABI, UAE, March 27, 2017 /CNW/ – The 2017 Formula 1® season is back, and the introduction of new rules governing the design of cars promises one of …
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Hundreds of Fights, Thousands of Players and Millions to be Won at the 9th Annual Abu Dhabi World Professional Jiu-Jitsu Championship
All eyes will be on the IPIC Arena in Abu Dhabi this April when record numbers of international athletes compete at the Abu Dhabi World Professional Jiu-Jitsu Championship, which will take place from 10 – 23 April 2017. (Photo: http://mma.prnewswire.com …
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Watch: Abu Dhabi Crown Prince flies a chopper
Dubai: A video of Abu Dhabi’s Crown Prince in a chopper has captured the interest of social media users in the UAE. In the 30-second video clip, Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed …
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UAE residents awake to lightning storm, rain
Dubai: Thunderbolts, lightning storms and a heavy downpour hit several parts of the UAE on Monday morning. Storming morning in Dubai! This taken just minutes ago after arriving home from flying all night. Good timing for me, both landing and with my camera …
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Dubai church prepares to celebrate golden jubilee
We have been blessed by the benevolence of the Rulers and we are grateful to them,” Fr Lennie J.A. Connully OFM Cap, parish priest of St. Mary’s Catholic Church in Dubai, told Gulf News. “Our message is we are happy we are here. We are grateful to …
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Dubai Garden Glow: brightest park in Dubai
Thanks to Dubai Municipality’s recent focus on getting residents outdoors, parks in this city are the places to be. Gulf News goes exploring. Thanks to the ever-cosmopolitan nature of the emirate, Dubai Municipality has offered a multitude of parks for …
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Dubai Ruler’s Court settles 17-year-old business dispute
Dubai: The Dubai Ruler’s Court has given its final ruling in a 17-year-old case, ordering a business owner to pay his nephew Dh6.8 million for having denied the latter his claim to 25 per cent of profits as a partner in his business. The Expertise and …
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Dubai Garden Glow: Here's where the children play and learn
Thanks to Dubai Municipality’s recent focus on getting residents outdoors, parks in this city are the places to be. Gulf News goes exploring. Thanks to the ever-cosmopolitan nature of the emirate, Dubai Municipality has offered a multitude of parks for …
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Expatriates talk about life in the UAE
Vacationing in Dubai as a teenager, Raj Kumar finally made the move to the UAE with his family in 1973, and has never looked back since. Building a life for himself, and joining his dad in the family business, Kumar said he has loved living in Dubai for …
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Review: The Ritz Carlton Abu Dhabi Grand Canal
Being driven into The Ritz Carlton Complex, you see villas on your right and expansive grounds on your left – but that doesn’t prepare you in any way for the sheer size of this property located near Khalifa Park in Abu Dhabi. For guests checking in or …
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The First Group Showcases Unparalleled Opportunities in Dubai’s Booming Property Sector to Chinese Investors
Leading developer set to support awareness of surging interest in Dubai’s property market by exhibiting at this week’s Dubai Property Show in Shanghai SHANGHAI–(BUSINESS WIRE)–Leading developer The First Group is showcasing the unrivalled …
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Bangladeshis celebrate Independence Day
The ambassador was speaking to Gulf News on the sidelines of the Independence Day celebrations at the Bangladeshi embassy in Abu Dhabi. Bangladesh’s government’s recent decision to establish a $10-billion (Dh37.6 billion) sovereign investment fund to …
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De-risking takes toll on GCC institutions’ access to global banking system
“Financial institutions, here in the UAE and in global banking centers, must ensure they have effective governance in place to adequately assess risks and consider any adverse impact that the termination of correspondent banking relationships may have on …
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WiFi UAE rolls out in Ras Al Khaimah
Dubai: Residents and visitors in Ras Al Khaimah can reap the benefits of WiFi UAE as it rolls out at two of the emirate’s shopping centres. From this month, shoppers in Al Naeem Mall and Al Naeem City Centre have access to the Internet through two options …
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Dubai Garden Glow and dinosaurs in Dubai
Thanks to Dubai Municipality’s recent focus on getting residents outdoors, parks in this city are the places to be. Gulf News goes exploring. Thanks to the ever-cosmopolitan nature of the emirate, Dubai Municipality has offered a multitude of parks for …
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