Finablr, the payments firm that owns Travelex and UAE Exchange, plans to use the proceeds of its $200m London initial public offering next month to fund an expansion plan and cut debt. The United Arab …
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Arabian Centres plans largest Saudi IPO in five years
Dubai: Saudi Arabia-based mall developer Arabian Centres Company is planning to hit the primary market through an Initial Public Offering (IPO) to raise up to $1 billion (Dh3.67 billion), which …
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Expo 2020 Dubai launches first UAE opera
Image Credit: Ahmed Ramzan/Gulf News Dubai: The UAE’s first Opera will premiere in Dubai in October of next year in line with Expo 2020, it was announced on Tuesday. Entitled ‘Al Wasl,’ the …
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US footwear brand opens largest international store in Dubai
Steve Madden currently has 19 stores in the UAE and a total of 39 outlets in the GCC region. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai …
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UAE set to launch first Emirati opera at Expo 2020 Dubai
The UAE is set to launch the first Emirati opera at Expo 2020 Dubai … Fairouz has been hailed by The New York Times as “an important new artistic voice” and by BBC World News as “one of the most …
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Sheikh Mohammed’s good news for Dubai students
A programme that offers over 100 scholarships to Emirati students throughout their academic life in Dubai is now open for registration. This came after His Highness Sheikh Mohammed bin Rashid Al …
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Lakra’s all-round show lift UAE past Singapore
The UAE now top the table with eight points with the last match against Oman on Wednesday. Speaking to Gulf News, Lakra, after receiving the man of the match award, said: “It was a great day out …
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Young Indian sailor goes missing in Dubai waters
Ramu, the health and safety manager at a Dubai company where the sailor’s father Srinivasa Rao works as a welder. Ramu who helped the family report the matter to the authorities told Gulf News on …
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Indians celebrate traditional new years in UAE
Keralites, the largest group among more than 3.3 million-strong Indian community in the UAE, celebrated Vishu on Monday, reports the Gulf News. Dubai resident Anoop Nair, who has released a Vishu …
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UAE delegation in Washington discusses cooperation in future technologies
DUBAI, 16th April, 2019 (WAM) — Omar Sultan Al Olama, Minister of State for Artificial Intelligence and Deputy Managing Director of Dubai Future Foundation, DFF, has highlighted the role of building …
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Digitalization at the forefront of the 4th UAE France Oil and Gas Connecting Days
United Arab Emirates: Business France jointly with EVOLEN, and the French Business Group hosted the 4 th annual UAE France Oil and Gas Connecting Days in the beginning of April in Abu Dhabi. Launched …
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Facebook ‘horse’ post ex-wife plans to return to Dubai despite arrest
A British woman who faced prison in Dubai over a jibe she posted on Facebook has said she and her daughter plan to return to the country. Laleh Shahravesh, 55, was arrested at a Dubai airport after …
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Dubai bourse traded volume hits 1-year high
Traded volume on the Dubai Financial Market (DFM) reached 440 million shares, breaching December’s level of 343 million shares. Union Properties was the main contributor to the traded volume.
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Abu Dhabi’s nominal GDP up 14.4 per cent in 2018
Abu Dhabi city skyline. In real terms (inflation adjusted) Abu Dhabi economy grew by 1.9 per cent, driven largely by the remarkable growth in mining and quarrying, which achieved a real growth of …
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How the UAE, Saudi Arabia are forging closer ties
The Finance and Investment Committee is co-chaired by Obaid bin Humaid Al Tayer, UAE Minister of State for Financial Affairs, and Hamad bin Abdullah Al Jada’an, Saudi Finance Minister. The Energy & …
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Dubai’s biggest bank celebrates listing of $1bn bond
The total value of all conventional bonds listed on Nasdaq Dubai has now reached $18.08 billion. Hesham Abdulla Al Qassim, vice chairman and managing director of Emirates NBD, rang the market-opening …
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Gov’t initiatives ‘yet to impact’ Abu Dhabi real estate market
Abu Dhabi’s real estate market is expected to rebound in the long … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC …
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