A unit of Abu Dhabi Investment Authority will invest 55.1 billion rupees ($750 million) in Reliance Industries Ltd.’s retail arm, as billionaire Mukesh Ambani continues to enlist marquee backers for …
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Ambani sells over $750 million Reliance Retail stake to Abu Dhabi Investment Authority
Abu Dhabi Investment Authority, which invested $750 million in Indian telecom giant Jio Platforms in June this year, has returned to invest just as much capital in Mukesh Ambani’s other venture.
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UAE Minister Vows ‘Never Again’ in Berlin Holocaust Memorial Visit Together With Israeli Counterpart
Nahyan, his Israeli counterpart Gabi Ashkenazi and German Foreign Minister Heiko Maas are pictured before their historic meeting at Villa Borsig in Berlin, Germany, October 6, 2020. REUTERS/Hannibal …
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UAE, Israel ministers in ‘historic’ first meet at Holocaust Memorial
The foreign ministers of Israel and the United Arab Emirates on Tuesday visited the Holocaust Memorial in Berlin during their “historic” first meeting, a major step forward for their new relations.
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Dh200,000 fine, jail term for forging, counterfeiting currency in UAE
The video is part of the public prosecution’s social media campaign to enhance the public awareness on the UAE’s laws.
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Dubai travel: Am I allowed to visit, are hotels and restaurants open and what rules are in place?
With year-round sunshine and just a few days of annual rainfall, it’s no wonder Dubai is such a hit with British holidaymakers – 1.2 million Brits visited in 2019. Now that Dubai has started issuing …
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Bitrump to List More Utility Tokens to the Platform this Quarter
Bitrump, the UAE-based cryptocurrency exchange is planning to add more crypto assets to its platform. The team is all set to focus on listing utility tokens that are backed up …
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UAE Surpasses 100,000 Coronavirus Infections
The United Arab Emirates, with a population of around 9.9 million people, surpassed 100,000 recorded cases of COVID-19 infection on Tuesday. The UAE, whose tally stands at 100,794 infections and 421 …
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UAE once again chosen as the ‘top country to live in’ by Arab youth
The UAE has been chosen as the top country in the world to live in by nearly half of all Arab youth for the ninth consecutive year, according to the annual Arab Youth survey conducted by Asda’a BCW.
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APICORP provides $70.5mln to fifth phase of Mohammed bin Rashid Solar Park
The world’s tallest solar power tower at the Mohammed bin Rashid Al Maktoum Solar Park. Image courtesy Dubai Media Office Twitter handle. UAE – Mubasher: The Arab Petroleum Investments Corporation …
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The Unemployed Trader Who Became a $700 Million Cum-Ex Exile
When Sanjay Shah lost his job during the financial crisis more than a decade ago, he was one of thousands of mid-level traders suddenly out of work.
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DFM announces launch of new equity derivatives platform
Dubai Financial Market (DFM) on Tuesday announced that it has … enabling investors to diversify and hedge their portfolios and access leverage. The platform will be launched in October 2020, …
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Bitrump is planning to list more utility tokens
Major crypto exchange from the UAE, Bitrump, has plans to list some more digital currencies to its platform. However, according to new information, the exchange seems to be focusing on utility coins …
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Israeli VC OurCrowd, UAE’s Al Naboodah to partner on technology
Israeli venture investment firm OurCrowd signed a memorandum of understanding with Phoenix, a business development company, to increase business and technology ties between Israel and the United Arab …
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Sharjah celebrates Pink October
In conjunction with the global breast cancer awareness month, which is marked in October every year, Sharjah Ladies Club (SLC) announced a series of activities to raise women’s health awareness about …
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Saudi former intelligence chief slams Palestinian criticism of UAE-Israel deal
RIYADH — Saudi Arabia’s former intelligence chief and ambassador to the United States, Prince Bandar bin Sultan bin Abdulaziz, slammed the Palestinian leadership for criticizing the decision of some …
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Video: Starzplay’s middle east growth and expansion plans
The CEO of Dubai-based online streaming platform Starzplay … However, he admitted this will not accelerate plans for an IPO. He said: “IPO is definitely our ambitious goal, but we’re also perhaps …
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