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Month: February 2022

Posted on 15/02/2022

UAE Digital Bank Zand Wins Franklin, Aditya Birla Backing

Zand, a digital bank helmed by Dubai businessman Mohamed Alabbar, has won the backing of investors such as Franklin Templeton and Aditya Birla Group as it seeks to seize on opportunities thrown up by …
( read original story …)


Posted on 15/02/2022

Latifi reveals security employment after F1 Abu Dhabi death threats

“It’s just an unfortunate part of the world we live in.” Latifi also revealed that that Hamilton “did send me a message a few days after [Abu Dhabi]”. Although he did not go into details of their …

Posted on 15/02/2022

President Kenyatta meets Crown Prince of Abu Dhabi

President Uhuru Kenyatta on Tuesday evening held talks with His Highness Sheikh Mohamed Bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates (UAE …

Posted on 15/02/2022

UAE back to normal: Covid-19 restrictions eased; cinema-goers, business owners hail new norms

It’s official: Normal, or rather near-normal, is the new normal. With the UAE easing capacity and social distancing restrictions imposed during the darkest days of the Covid-19 outbreak, hotels, …
( read original story …)


Posted on 15/02/2022

Sharjah’s govt. entities participate in UAE Innovation Month

Sharjah 24: Several government entities participated in the UAE Innovation Month in the Emirate of Sharjah, with innovative projects presented at the University of Sharjah from February 14 to 18.

Posted on 15/02/2022

COVID-19: Abu Dhabi updates ‘Green List’ to include 72 places

Passengers arriving in the emirate from these places do not need to quarantine Abu Dhabi: Abu Dhabi has updated its ‘Green List’ of countries, regions and territories, with the latest list …

Posted on 15/02/2022

UAE flights: Abu Dhabi updates ‘Green List’; check if you can travel without quarantine

Authorities in Abu Dhabi have updated the ‘Green List’ of countries for inbound travel into the UAE Capital. Covid-vaccinated travellers to Abu Dhabi from Green List countries do not need to …

Posted on 15/02/2022

Erdogan’s celebrity welcome in the UAE affirms a sea-change in relations, lifeline for Turkey’s economy

For years, Turkey and the UAE have been on opposing sides of regional conflicts due to deeply conflicting ideologies. Erdogan and the UAE’s de-facto leader Crown Prince Mohammed bin Zayed al Nahyan on …

Posted on 15/02/2022

Watch: Angelman Syndrome Day – UAE’s ‘happy children’ make a mark

Over 30 families take part in special event as COVID-19 capacity restrictions are eased The Angelman Syndrome community that had gathered at The Sustainable City in Dubai on Tuesday morning. Image …

Posted on 15/02/2022

Erdogan calls on UAE businesses to invest in Turkey

Abu Dhabi (AFP) – Turkish President Recep Tayyip Erdogan called on business leaders in the wealthy United Arab Emirates Tuesday to invest in his country, which is in the grips of an economic crisis.

Posted on 15/02/2022

Homegrown brands highlight UAE’s food sector innovation at Gulfood 2022

Hunter Foods Limited launch innovative new Emirati-themed flavours in collaboration with the Khalifa Foundation Food Specialities Limitedlaunches first-ever meat alternative ready mix for the region …

Posted on 15/02/2022

EGA to build UAE’s first aluminium recycling facility

Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas plans to build a 150,000 tonnes per year aluminium recycling facility, the company’s first and set to be …

Posted on 15/02/2022

Empower posts 9.3% revenue growth, plans IPO by Q4

Ahmad bin Shafar, CEO of Empower, said the IPO listing on the Dubai Financial Market is part of Dubai’s efforts to strengthen its stock market and attract more listings amid a growing appetite for …
( read original story …)


Posted on 15/02/2022

ADNOC and Borealis consider IPO for plastics joint venture

DUBAI, Feb 15 (Reuters) – Abu Dhabi National Oil Company (ADNOC) and Austria’s Borealis AG are considering a potential initial public offering (IPO) of their joint venture plastics business Borouge.
( read original story …)


Posted on 15/02/2022

Another ADNOC joint venture – Borouge – could be heading for an IPO

Borealis and ADNOC are JV partners in Abu Dhabi headquartered Borouge Dubai: Another ADNOC subsidiary could soon be heading for an IPO. The Abu Dhabi energy giant along with Borealis is mulling …
( read original story …)


Posted on 15/02/2022

UAE’s digital bank Zand receives fresh funding

in the United Arab Emirates is “imminent,” according to the statement. It didn’t provide financial details of investments. Digital banks have taken off with the spread of finance technology in Middle …
( read original story …)


Posted on 15/02/2022

Turkey’s flag flies high as Erdogan’s Dubai trip marks reset

which positions itself as the UAE’s globally alluring tourism and finance hub. Erdogan was greeted by Dubai ruler and UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum at the emirate’s …
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