Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has invested $75 million in 5-year pre-IPO convertible bonds of Telegram, an operator of the self-named security-focused social …
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Abu Dhabi: Telegram gets a combined $150 million from Mubadala, Abu Dhabi Catalyst Partners
Dubai: Abu Dhabi’s Mubadala Investment Company has invested $75 million in 5-year pre-IPO convertible bonds of Telegram, the social media platform, with Abu Dhabi Catalyst Partners investing a further …
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Abu Dhabi Private Equity Firm Buys Two U.S. Healthtech Companies
Gulf Capital PJSC acquired two U.S. health-care technology firms for $60 million as the Abu Dhabi-based buyout firm doubles down on investing in the specialized medical sector. The private equity firm …
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Announcement of Intention to Float on the Dubai Financial Market
Tristar Transport (PJSC – under incorporation) (“Tristar” or the “Company” or, with its subsidiaries and subsidiary undertakings, the “Group”), a leading global integrated liquid logistics solutions …
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UAE: 3 jailed for posing as cops, running over victim with car
The Dubai Criminal Court has sentenced three gang members to 10 years in prison and also imposed a fine of Dh200,000 each followed by deportation to their home country on charges of impersonating as …
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UAE: Driverless cars to transport passengers for free
Driverless vehicles will transport passengers in Abu Dhabi for free as the UAE Capital trials the technology later this year. Self-driving vehicles will be piloted in two phases. The first phase …
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UAE requires PCR test every two weeks for some employees not vaccinated against COVID
Employees in five business sectors who have not been vaccinated against COVID-19 in the United Arab Emirates will be required to take a PCR test every two …
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Lootah’s fractional ownership platform gets good response in UAE
Real Share platform allows local and international investors to invest as low as $1361 in a fraction of a property, and enjoy annual returns ranging from 6 to 9% …
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DXB partners with Magzter to become world’s first ‘smart reading airport’
free wifi network, which acts as a gateway to Magzter’s extensive collection of publications. These include regional favourites Forbes Middle East, Vogue Arabia, What’s on Dubai and Emirates …
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Dubai International partners with Magzter to become world’s first ‘smart reading airport’
DXB’s ‘Smart Reading Zone’ is accessed by logging onto the airport’s free wifi network, which acts as a gateway to Magzter’s collection, making DXB the world’s first ‘smart reading airport’. Magzter’s …
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Dubai Eyes Its Second IPO in Three Years With Tristar Listing
Middle Eastern logistics firm Tristar Transport is looking to raise between $120 million and $160 million in an initial public offering in Dubai next month, in what would be only the financial hub’s …
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The vibes are unique, thrilling and rejuvenating in Sharjah
While driving though the hustle and bustle of Sharjah, when you are about to reach the Heart of Sharjah heritage area, you get very different vibes. You get a feeling you have entered a totally …
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Abu Dhabi: This luxury hotel can host your furry friends too
So, people like Katherine, when they are on a family vacation in Abu Dhabi, will no longer feel guilty about leaving their pet behind. Undoubtedly for most people, a pet is very much part of the …
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New UAE strategy an ‘Industrial Revolution’ say leaders
Chief executive officers, and top corporate executives have welcomed the launch of the Industrial Strategy “Operation 300bn” by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and …
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UAE entrepreneurs bet on digital payments, optimistic about 2021 business recovery
Optimism is now high in the UAE’s private sector, with three out of four small-time entrepreneurs saying they are optimistic about business recovery in 2021, according to a new study by Visa. The …
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9.4°C in UAE: Brace for hotter weather
Live: Check for latest weather updates According to the UAE’s National Centre of Meteorology, the weather is predicted to be fair to partly cloudy today, with a tendency for temperatures to rise.
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UAE: Iraqi artist’s ode to reflection of cultural loss
Wafaa Bilal stages ‘168: 01’ for the first time in the Middle East at Sharjah’s new cultural edifice; calls House of Wisdom “an ideal setting for the installation.” …
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