Sharjah24: Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of the Executive Council, chaired the meeting of Sharjah Executive Council, held in the …
Abu Dhabi outperforms Gulf peers ahead of Borouge’s IPO
Most Gulf markets ended higher on Tuesday, tracking oil prices, with the Abu Dhabi index outperforming the region ahead of its biggest-ever initial public offering (IPO) of Borouge.
Ban on single-use plastics in Abu Dhabi: All you need to know
A ban on the single-use of plastic products in Abu Dhabi will come into effect from June 1, under the emirate’s integrated Single-Use Plastic Policy. The initiative will prevent the sale of single-use …
Israel signs historic trade deal with UAE, its biggest with any Arab country
With a stated target of increasing annual bilateral trade to more than $10 billion over the next five years, the trade agreement is the largest ever between Israel and any Arab country. The signing …
UAE’s Majid Al Futtaim and Binance partner to unlock Web3 capabilities
Agreement will see Majid Al Futtaim and Binance work jointly on non-fungible tokens and crypto payments with Binance Pay …
I charter superyachts in Dubai. We’re seeing more Russian clients, but they’re not partying like they used to.
Carol Liew is a partner at Dutch Oriental, a super- and megayacht company. She says there are more Russians, but they’re opting for cheaper charters.
RTA opens registration for 3rd Dubai World Challenge for Self-Driving Transport
Under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, the Roads and Transport Authority (RTA) is launching the …
How the Middle East is reinventing itself as a sustainable supplier
The Middle East could become a centre for sustainable food, water and energy solutions if countries work together, Israeli president Isaac Herzog told the World Economic Forum (WEF) in Davos. Herzog …
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UAE: Hospital uses robotic arm to conduct ‘less painful’ knee replacement surgery
This new technology has has been brought into the UAE by Healthpoint. The newly offered technology provides greater accuracy, better outcomes, faster recovery, and less pain for patients in comparison …
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Dubai CommerCity showcases its incorporation of the latest technology trends at Seamless Middle East
E-commerce sales in the MENA region are expected to reach around $50bn this year, an increase of 163% in just 5 years; Representatives from Dubai CommerCity highlighted the latest …
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Abu Dhabi’s ‘exceptional’ fiscal strength a buffer to external shocks, S&P says
The “exceptional strength” of Abu Dhabi government’s balance sheet provides the emirate with a buffer to counteract fiscal and external shocks, as well as the effects of regional geopolitical …
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Abu Dhabi’s economy to remain strong over robust fiscal buffers
S&P Global Ratings has given a stable rating to the emirate of Abu Dhabi on expectations that its fiscal and external positions will remain strong over the next two years, supported by oil revenue.
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Why is UAE the Best Country to Kickstart a New Business?
A vast array of initiatives such as the launch of the freelancer visa in September last year, followed by the launch of the Aed100 million Samda initiative for entrepreneurs, promises integrated …
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Israel Signs UAE Free Trade Deal, Its First In Arab World
Israel signed a free trade deal with the United Arab Emirates on Tuesday, its first with an Arab country, building on their US-brokered normalisation of relations in 2020.
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Dubai Retail Prices Set to Rise Steadily
According to a Reuters poll of analysts, Dubai retail prices are set to mostly rise steadily over the next two years, driven by demand from foreign investors.When asked what will drive Dubai’s housing …
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UAE: Adnoc announces largest company IPO, oversubscribed almost 42 times
Abu Dhabi National Oil Company (Adnoc) announced the successful completion of the bookbuild and public subscription process for the Initial Public Offering (IPO) of Borouge plc, along with its partner …
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Biggest Abu Dhabi listing ever: Borouge IPO sees $83.4 billion demand, 42 times oversubscribed
Borouge is a petrochemicals firm jointly owned by ADNOC and Borealis AG Biggest Abu Dhabi listing ever: Borouge IPO sees $83.4 billion demand, 42 times oversubscribed Abu Dhabi, Abu Dhabi National Oil …
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