International Holding Co. surged to become the most valuable listed company in the United Arab Emirates after its unit Alpha Dhabi Holding PJSC made its trading debut in Abu Dhabi.
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Masdar signs strategic agreement to develop solar projects in Republic of Iraq
Heads of Agreement signed with Iraq’s National Investment Commission to develop minimum two gigawatts photovoltaic projects …
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UAE: Can I sue my ex-colleague for making false allegations about me on social media?
I found out that an ex-colleague of mine created rumours about my business practices and shared untrue details about me on social media. His actions have cause …
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MIDEAST STOCKS Abu Dhabi outperforms Gulf bourses as IHC surges on unit’s listing
Most major stock markets in the Gulf rose in early trade on Sunday, with the Abu Dhabi index boosted by a surge in International Holding (IHC) (IHC.AD) following listing of its unit.
Abu Dhabi Covid-19 app removes vaccine option for visitors
Abu Dhabi had previously said it would allow visitors to book free vaccines upon entry.. Read more at straitstimes.com.
UAE ban on entry from India unchanged, federal aviation notice says
A United Arab Emirates ban on entry from India, South Africa and Nigeria remains in place, the federal aviation authority said on Sunday, after Dubai had announced it would ease entry restrictions …
HSBC commits $5 bln in corporate lending to help UAE growth
HSBC (HSBA.L) said on Sunday it is committing $5 billion in lending to “strong” companies in the United Arab Emirates to help drive the Gulf country’s growth plans.
Almost 9 out of 10 UAE-based SMEs are optimistic about the next 12 months – study
SMEs across the country have identified easier access to funding, acceptance of digital payments and training and upskilling staff as the top three drivers for growth.
Dubai: New system to reduce delays for landing, departing aircraft at airports
Emirates is the first flight that landed at Dubai International Airport with the new operating procedures in place.
Mubadala-owned Yahsat opens IPO to UAE investors
Yahsat’s share sale marks the first IPO in Abu Dhabi since Abu Dhabi National Oil Co. for Distribution PJSC began trading in 2017 …
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Mubadala’s Yahsat aims to raise up to Dh3 billion in Abu Dhabi IPO
This will be the first major listing on the Abu Dhabi bourse after ADNOC distribution Dubai: Abu Dhabi sovereign investor Mubadala’s satellite company Yahsat has set an indicative price range for its …
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HSBC joins Dubai Economy’s UAE KYC Blockchain Platform
Dubai Economy is delighted with HSBC going live on the UAE KYC Blockchain Platform. Investors now have an additional choice of digitally opening bank account with the internati …
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Video: RTA opens state-of-the-art bus station in Dubai’s Oud Metha
Dubai’s Roads and Transport Authority (RTA) officially opened the 9,640 square metres Oud Metha Bus Station on Saturday, which it has positioned as a model station. Integrated with the metro and taxi …
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UAE: HSBC to lend over Dh18 billion to firms with global growth plans
HSBC bank on Sunday said it is committing $5 billion (Dh18.35 billion) of lending to support strong companies in the UAE that need new capital to drive well-developed plans to grow their businesses …
UAE hotel industry recovery to be driven by rush to redeem 2020 travel vouchers, early onset of Expo arrivals
Some of the hotels are also readying Expo-centric ‘super hot deals’, with discounts up to 50 percent on tariffs to rev-up advance bookings by tourists from around the world.
HSBC Commits $5 Billion to UAE Firms Seeking Global Expansion
HSBC Holdings Plc is committing $5 billion of lending to United Arab Emirates-based businesses that need capital to expand globally.
UAE F&B sector at medium risk; long-term outlook remains stable
The F&B sector of the UAE and the rest of the GCC countries have been rated at “Medium Risk” by trade credit insurance provider Euler Hermes GCC which said the long-term outlook remains stable. The …