Facades of many of the country’s buildings hold pride of place, with their unique beauty and characteristics being instantly recognisable. It is this passion project — of creating a pictorial database …
Dubai Unveils World’s Deepest 60-meter Pool, ‘Deep Dive Dubai’
Deep Dive Dubai, the world’s deepest swimming pool is shaped like a giant oyster. The incredible creation is located in the Nad Al Sheba neighbourhood.
Real estate deals in Dubai top $1.4bn for first week in July
A total of 1,705 real estate and property deals were recorded in Dubai during the first week of July, worth AED5.3 billion ($1.4bn), according to the latest figures from Dubai Land Department. AED628 …
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Dubai’s Emaar Properties to Merge Retail Arm by Year-End
Emaar Properties expects to complete its planned merger with retail arm, Emaar Malls, by the end of 2021, and is currently awaiting regulatory clearance from the United Arab Emirates’ Securities and …
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Dubai property deals top Dhs5 billion record mark
The real estate sector in Dubai showed a continuous flow of investments despite the COVID-19 challenges. The real estate and properties transactions reached Dhs5.3 billion in total during the week.
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Mubadala’s Yahsat IPO set to raise $730 million after final pricing
DUBAI (Reuters) – The initial public offering (IPO) of Yahsat, the satellite company of Abu Dhabi state investor Mubadala, is set to raise 2.68 billion dirhams ($730 million) after the deal was priced …
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Abu Dhabi awards tenders for three community market projects
The Abu Dhabi Investment Office (ADIO), in partnership with the Department of Municipalities and Transport (DMT), today announced 12 new community market projects across the Emirate of Abu Dhabi. The …
Abu Dhabi satellite company Yahsat’s IPO priced at Dh2.75 a share, plans to list on July 14
Dubai: Abu Dhabi’s Mubadala-owned satellite company Yahsat has set a price of Dh2.75 a share for its IPO. The listing is scheduled for July 14, and represents part of a steady pipeline of stock floats …
UAE: Hot, dusty and hazy weather in Abu Dhabi, Dubai, Sharjah, and other emirates, temperatures to reach 48°C
Photos: Gulf News reader shares pictures of snakes, scorpions, insects found in the deserts of Sharjah, Umm Al Quwain, Al Qudra, and Hajar mountains Today’s weather condition, according to the …
OPEC+ postpones oil increase due to Saudi-UAE clash
After two days of failed discussions the OPEC+ ministers abandoned talks about an increase in oil output starting next month after the UAE rejected a proposed eight-month extension to output curbs …
Deep Dive Dubai: World’s deepest pool is now open
Already home to the world’s tallest skyscraper and the world’s largest mall, Dubai has just opened another record-breaking attraction — the deepest dive pool in the world.
Mubadala’s Yahsat IPO set to raise $730 mln after final pricing
The initial public offering (IPO) of Yahsat, the satellite company of Abu Dhabi state investor Mubadala, is set to raise 2.68 billion dirhams ($730 million) after the deal was priced around the middle …
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World’s deepest pool Deep Dive Dubai opens for business
Deep Dive Dubai, which holds the Guinness record for being the world’s deepest swimming pool for diving, has opened for business. Located in Nad Al Sheba 1, Deep Dive Dubai pool has a 60 m depth and …
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Mubadala’s Yahsat garners strong demand at middle of IPO price range-sources
State investor Mubadala’s satellite company Yahsat has garnered strong demand for its initial public offering at the middle of an indicative price range, three sources familiar with the deal said.
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Abu Dhabi takes stake in EdgePoint Infrastructure, commits up to US$500mil
DUBAI: A subsidiary of the Abu Dhabi Investment Authority (ADIA) has acquired a significant minority stake in southeast Asia-focused digital infrastructure platform EdgePoint Infrastructure, ADIA said …
Explosion rocks Dubai as container ship catches fire at Jebel Ali port
A container ship docked at a major Dubai port caught fire late Wednesday, officials said. The Dubai Media Office tweeted that there were no deaths or injuries reported. The fire was extinguished and …
Property firm owned by Abu Dhabi royals pulls $350 million sukuk
A $350 million sukuk deal from Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in Abu Dhabi owned by members of its ruling family, was pulled …
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