Dubai – Mubasher:UAE bourses are forecast to recover and rise this week after the period for disclosing financial results has ended, analysts told Mubasher early Sunday, noting that financial institutions will be looking to increase their positions in …
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Chelsea FC owner invests in Dubai-based firm’s ICO
The proposed Initial Coin Offering (ICO) from Dubai-based social media platform Telegram has, according to Russian business daily Vedomosti, attracted a slew of prominent Russian investors – including Mikhail Fridman, Alisher Usmanov and Chelsea FC owner …
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Emaar Properties records upsurge in Dubai property sales by 25% to AED 18.03 billion (US$ 4.91 billion) in FY 2017
* Shopping malls, hospitality and leisure and entertainment businesses account for 34% of revenue at AED 6.351 billion (US$ 1.729 billion) * Successful listing of Emaar Development PJSC on Dubai Financial Market (DFM) by selling 20% of shareholding though …
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Dubai records highest number of business events in 2017
Dubai hosted a record number of 212 business events and international conferences during 2017, a 64% jump from the number of events held in 2016. The events, which were held across the emirate, attracted approximately 95,000 participants and generated US $ …
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Dubai Investments unit to lead Emicool IPO
Dubai Investments has named an entity to lead the initial public offering (IPO) of Emirates District Cooling (Emicool). Al Mal Capital, a financial institution that is one of Dubai Investments’ wholly owned subsidiaries, will be the lead manager for the …
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Abu Dhabi Summit On Artificial Intelligence In Medical Field Crowns Continuous Efforts, Highlights Abu Dhabi’s Stature, Says Hazza Bin Zayed
Under the patronage of H.H. Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, Abu Dhabi will host the first International Artificial Intelligence in Medical Sector Summit, in the second half of this year. The Summit will …
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Negligence case against Deloitte and Touche allowed to proceed rules Dubai courts
A Dubai Court will proceed to examine the role of Deloitte and Touche (Middle East) in the collapse of Lebanese Canadian Bank (LCB) in light of charges brought against it by the US Drug Enforcement Administration and the US Treasury. In a landmark decision …
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Technology in F&B is food for thought
And Gulfood, which runs from February 18-22 at the DWTC, gives critical players in the food supply chain, regionally and globally, a tailored opportunity to highlight how they are embracing technology to service the changing face of the industry. “The UAE …
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National Science, Technology and Innovation Festival starts in Dubai
DUBAI, 15th February, 2018 (WAM) — Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the National Science, Technology and Innovation (NSTI) Festival …
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Dubai Islamic Bank : $340m financing for Dubai Outlet Mall expansion secured
UAE-based conglomerate Al Ahli Holding Group announced that it has secured an Islamic club financing facility worth $340m (AED1.25bn) for the expansion of Dubai Outlet Mall. Scheduled to open in the fourth quarter of 2019, the mall expansion will see 279 …
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Dubai Chamber and Google Come Together To Help Businesses Get Online
… Chamber of Commerce and Industry came together in February to launch the Get Dubai Businesses Online initiative that will see Google make use of its Google My Business solution to manage the online presence of local businesses, and thus increase their …
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Dubai issues over 1,600 licences in January
Dubai Economy issued 1,638 new licenses and gave initial approval to 2,087 in 23,626 registration and licensing transactions in January 2018 as recorded in the ‘Business Map.’ Category-wise, commercial licenses led the list of new licenses at 58 per cent …
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Dubai to host self-driving transport congress and challenge
Dubai will host a World Congress for Self-Driving Transport … and will then be assessed in categories including technical ability and experience, business dimensions, and operation and service. Participant’s designs will also undergo a series of tests …
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Riding the IPO bullrun
“In the UAE, prospective companies looking to IPO will look at the market conditions; if regional markets are on an upswing and sentiment is positive then we could see a rush of IPOs. However, as happened a few years ago, if markets falter and sentiment …
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UAE to take more manpower from Bangladesh: Mannan
I think if UAE recruits Bangladeshi workers more in the coming days, it would be beneficial for both the countries,” State Minister for Finance and Planning MA Mannan informed, reports BSS. Mannan attended the two-day 4th Bangladesh-UAE Joint Commission …
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Dubai-based student second movie premieres in Holland
Dubai: In 2014, GEMS Our Own Indian School student Sadhna Lakshmi … She is into science project works and she represented the school in the Global Innovation Challenge,” she told Gulf News.
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Dubai Investments to IPO at least 30 per cent of Emicool
Dubai Investments, a diversified company in which sovereign wealth fund Investment Corporation of Dubai has an 11.54 per cent stake, plans to float at least 30 per cent of its district cooling unit Emicool by the end of 2018 on the Dubai Financial Market …
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