Dubai’s main power and water company raised $6.1 billion in the biggest initial public offering in Europe and the Middle East in more than two years.Most Read from BloombergU.S. Drones for Ukraine …
Dubai Chamber of Commerce announces formation of UAE Pharma Business Group
New business group aims to establish a framework to promote and support the growth of local manufacturers of medicine within the UAE, GCC and internationally.
Expo 2020 Dubai: Not a single food poisoning case reported in 6 months
The Dubai Municipality inspected and released about 3.5 million tonnes of food shipments imported for Expo 2020 Dubai from 114 countries. Food Safety Department teams verified the shipments’ …
Dubai CommerCity launches e-commerce academy with AstroLabs
The platform aims to enhance the techno-functional skills of individuals within the e-commerce space and improve the e-commerce talent pool of the UAE …
Trailblazing IPOs line up to take the home run in the UAE
The UAE is pursuing a Trojan Horse move to invest in the financial markets and announce a flurry of IPOs to establish itself as a leader among other Gulf countries Trailblazing IPOs line up to take …
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Want to Invest in Dubai Property? You Can Bank on Resourceful Data
A robust real estate sector is important for any country since it attracts new investments and plays a key role in shaping cities designed with forethought. In the absence of transparency, – Mediawire …
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UPDATE 1-Dubai’s DEWA to raise $6.1 billion at IPO pricing level -sources
Dubai Electricity and Water Authority (DEWA) is set to price its initial public offering at the top of its range, two sources told Reuters, which would raise $6.1 billion in the Gulf’s biggest IPO …
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New high-tech ambulances join Sharjah Police
Four-wheel-drive, enhanced comfort, and smart equipment among the fleet’s features Sharjah: New high-tech ambulances have joined the Sharjah Police fleet at its Traffic and Patrols Department …
UAE consumer prices accelerate; economic growth to hit 4.2% in 2022
The prices of consumer goods and services in the UAE accelerated in the past few months and continue to face upward risks this year due to the Russia-Ukraine crisis, but the economy is poised to …
UAE’s F&B sector is reshaping post-pandemic – and cloud kitchens will remain central to this
From manufacturers to retailers to restaurants, the F&B value chain operators are feeling the pressure to keep adapting to meet consumer demands. We believe these are the three pivotal consumer trends …
Prepare for a hybrid Ramadan season, say UAE businesses
Ramadan to be a Ramadan as we have known them – this one will be busy,” says Glenn Nobbs, General Manager at the Millenium Place Barsha Heights hotel. N …
UAE: American expats must file taxes by April 18, says US embassy
Your worldwide income is subject to US income tax, regardless of where you reside,’ says an official statement …
Dubai’s DEWA to raise $6.1 billion at IPO pricing level -sources
Dubai Electricity and Water Authority (DEWA) is set to price its initial public offering at the top of its range, two sources told Reuters, which would raise $6.1 billion in the Gulf’s biggest IPO …
The Debt Panel: ‘I am bankrupt and can’t sell my property’
The property value is now Dh600,000 and I’m unable to sell the house to settle the bank loan. I am struggling to revive my business and have decided to return my home country, along with my family. I …
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UAE: Student gets accepted into 23 universities in the UK and US
A Dubai College science student, who recently survived a life-threatening kidney transplant, has received acceptance offers from 23 prestigious universities in the UK and US. Pritvik Sinhadc, a young …
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Expo 2020: How Dubai helped a 12-year-old Kenyan robotics wiz realise his dreams
Patrick Njoroge Wachira, arguably the world’s youngest CEO, seeks to spread the concept of STEM beyond his native country …
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UAE’s e& approves dividend of 40 fils per share for H2 2021
UAE telecoms company e& (formerly known as Etisalat Group) has approved a cash dividend of Dhs0.4 per share for the second half of 2021. The company held its annual general meeting (AGM) where …
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