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Month: June 2021

Posted on 29/06/2021

Mubadala-owned Yahsat’s IPO book fully covered -sources

Abu Dhabi satellite company Yahsat has attracted enough investor demand to cover the order book for its initial public offering, sources told Reuters on Tuesday, as the company looks to raise as much …
( read original story …)


Posted on 29/06/2021

UAE Central Bank Introduces New Anti-Money Laundering Guidance

The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combating the financing of terrorism for its licensed nstitut …
( read original story …)


Posted on 29/06/2021

ADIB Becomes First UAE Bank To Establish An On-site Nursery For The Children Of Employees To Promote Work-life Balance

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, today inaugurated its on-site nursery that aims to provide quality nursery services for …
( read original story …)


Posted on 29/06/2021

India’s Reliance Said to Invest in Abu Dhabi Petrochemicals Hub

Reliance Industries Ltd. is set to invest in petrochemical facilities in Abu Dhabi, according to people familiar with the matter, as it strengthens energy ties with the Middle East.

Posted on 29/06/2021

New Israeli foreign minister in the UAE on 1st state visit

Israel’s new foreign minister was in the United Arab Emirates on Tuesday, kicking off the highest-level visit by an Israeli official to the Gulf Arab state since the two countries normalized relations …

Posted on 29/06/2021

New Israeli foreign minister makes Israel’s 1st high-level visit to UAE

Israel’s new foreign minister is on the first high-level trip by an Israeli official to the United Arab Emirates since the normalization of relations.

Posted on 29/06/2021

Lapid, on UAE trip, opens first Israeli embassy in Gulf

“The opening of the Israeli Embassy in Abu Dhabi with the Emirati Minister of Culture and Youth,” he tweeted with a photo of himself and UAE minister Noura al-Kaabi cutting a ribon in the blue and …

Posted on 29/06/2021

T20 World Cup moved from India to UAE and Oman

The men’s Twenty20 World Cup has been moved from India to the United Arab Emirates and Oman because of the coronavirus pandemic. India will remain the host of the event scheduled from Oct.

Posted on 29/06/2021

Israel’s new FM lands in UAE for first official visit

During his two-day trip, Yair Lapid will inaugurate the Israeli embassy in the UAE’s capital Abu Dhabi and the consulate in Dubai …

Posted on 29/06/2021

Oman and UAE to host T20 World Cup matches, says ICC

This year’s Twenty20 World Cup, originally scheduled in India, will be played in the United Arab Emirates (UAE) and Oman from Oct. 17, the International Cricket Council (ICC) said on Tuesday, as India …

Posted on 29/06/2021

Dubai Next successfully finances first community supported project

Dubai Next, the first official crowdfunding platform in Dubai launched last month by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council …

Posted on 29/06/2021

Dubai’s Jafza invests $675mln in infra and sustainability projects

DP World and Jafza has completed one of the largest rooftop solar power programmes in the region, generating about 45 gigawatt Hours of electricity annually …
( read original story …)


Posted on 29/06/2021

100 days to Expo 2020 Dubai: Cisco’s Technology ready to bring human and digital connections to life

At the heart of Expo 2020 Dubai’s infrastructure is Cisco’s Intent-Based Network, which has consolidated operations into a single IP network …
( read original story …)


Posted on 29/06/2021

Dubai: Largest digital arts centre to open on July 1

Why stare at art when you can step right into it? At the largest digital arts centre that will open in Dubai on July 1, you’ll get to enter Van Gogh’s Starry Nights, visit 19th-century Japan, and …
( read original story …)


Posted on 29/06/2021

JPMorgan sets up legal entity in Abu Dhabi’s ADGM

DUBAI, June 29 (Reuters) – JPMorgan (JPM.N) has set up a new legal entity in Abu Dhabi’s financial centre ADGM, it said in a statement on Tuesday. The bank has been physically present in the emirate …

Posted on 29/06/2021

New Israeli foreign minister lands in UAE on 1st state visit

Israel’s new foreign minister touched down on Tuesday in the United Arab Emirates, beginning the first high-level trip by an Israeli official to the Gulf Arab state since the two countries normalized …

Posted on 29/06/2021

Saudi Telecom Co gets approval for planned IPO of unit

Saudi Telecom Co (STC) (7010.SE) said on Tuesday the kingdom’s stock market regulator had approved the planned initial public offering of its subsidiary, Solutions by STC.
( read original story …)


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