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Month: December 2018

Posted on 11/12/2018

Regal London launches Dubai office

RELATED ARTICLES: Adnoc Onshore awards $70m contract to London-based Penspen | UAE gas firm Brooge Petroleum eyes London IPO | UPS opens $163m hub at DP … Regal London has opened an office in Dubai. …
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Posted on 11/12/2018

Dubai payments firm Network International selects banks for potential listing

The IPO could see 25 to 30 per cent of Network … according to the publication. The Dubai-headquartered company services more than 65,000 merchants and 220 financial institutions across 50 …
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Posted on 11/12/2018

Streamcast eyes London IPO, JPMorgan, HSBC Holdings poised for role

Discussions about an IPO are at an early stage and Streamcast … Streamcast has offices in the U.S., U.K., Ireland, Malta, Kenya, Dubai, Bahrain and India, according to its LinkedIn page.
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Posted on 11/12/2018

Construction, retail growth boosts revenue of Dubai’s Emaar

Emaar’s net profit totalled AED5.3 billion ($1.4 billion), a growth of 28 percent, prior to considering the effect of the IPO of Emaar Development and … continued to record higher occupancy than Dub…
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Posted on 11/12/2018

Close to home: Property Finder’s $120 million investment to focus on existing markets

“Being IPO-ready is a great exercise … Lahyani declined to give a specific value to the company, which was founded 11 years ago in Dubai, although a Reuters report suggested that it was close to $50…
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Posted on 11/12/2018

Emaar unit sells 5 premium hotels to Abu Dhabi group

Dubai-based developer Emaar Properties has announced that its … had grown tremendously in the first nine months on the back of the initial public offering (IPO) of Emaar Development and foreign exch…
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Posted on 11/12/2018

Musk Blasts SEC, United Auto Workers in ‘60 Minutes’ Interview

Elon Musk, the CEO of both Tesla Inc. and Space Exploration Technologies Corp., opened up about his tumultuous year in a wide-ranging interview with CBS’s “60 Minutes.” Musk, 47, told anchor Lesley St…
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Posted on 11/12/2018

An island hopping guide to Abu Dhabi

On one side was Abu Dhabi’s mainland — home of its famous mosque and Louvre museum. At the other? Al Hudayriat Island, an island that offers 600 meters (1,970 feet) of quiet beach. Al Hudayriat is on…
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Posted on 11/12/2018

Ghana, UAE trade volumes expected to hit $4 billion by end of 2018

The government’s flagship program, 1district-1factory needs support to bring it into fruition” he said. He encouraged the UAE business community to take advantage of the many opportunities created by …
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Posted on 11/12/2018

Pope to visit UAE in first-ever trip to Arabian Peninsula

Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai and the UAE’s vice president and prime minister, welcomed news of the pope’s visit. The visit “will strengthen our ties and understanding of e…
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Posted on 11/12/2018

Gulf News journalist wins excellence award

Image Credit: Chiranthana Cultural Forum Sharjah: A Gulf News journalist has won recognition in an annual media award instituted by an Indian cultural organisation in the UAE. Binsal Abdul Kader …
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Posted on 11/12/2018

China’s Cosco and Abu Dhabi Ports develop Khalifa to support Belt and Road initiative

The CEO of Abu Dhabi Ports said the company remains “good allies of all … So I’m pretty confident that that a good development will be seen in the next 90 days.” Got a confidential news tip? We want …
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Posted on 11/12/2018

UAE Central Bank says lenders must do credit checks before issuing chequebooks

Banks in the UAE must carry out a credit check on customers before issuing a chequebook, according to a new circular sent to financial institutions by the Central Bank of the UAE. The Central Bank sai…
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Posted on 10/12/2018

Ajman University Students Earn Top Honors for Sustainable Home in Solar Decathlon

Established through an agreement between the Dubai Electricity and Water Authority and the Department of Energy in the USA, the Solar Decathlon invites students from universities all around the world …
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Posted on 10/12/2018

UAE’s solar lanterns reach Bolivia

Zayed Sustainability Prize’s “Guiding Light” arrives in Bolivia with 2,000 solar lanterns Image Credit: Abu Dhabi: The Zayed Sustainability Prize’s “Guiding Light” campaign has arrived …
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Posted on 10/12/2018

Abu Dhabi Ports hopes for ‘huge’ trade boost from deal with China’s Cosco

The CEO of Abu Dhabi Ports said the company remains “good allies of all … So I’m pretty confident that that a good development will be seen in the next 90 days.” Got a confidential news tip? We want …
( read original story …)


Posted on 10/12/2018

On Business in Dubai: Where to Impress Clients

Whether you’re looking to strengthen an existing business relationship or make a strong impression on a potential client, there is no better city to do it in than Dubai. Over the past 20 years, Dubai …
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