Stocks in Abu Dhabi rebounded on Friday, ahead of its biggest ever initial public offering (IPO) of petrochemicals firm Borouge, although the Dubai index ended flat.
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Middle East’s first special purpose acquisition company soars in Abu Dhabi trading debut
Trading follows the conclusion of ADC’s public subscription to retail and professional investors, which started on 12 May 2022 and raised a total of AED 367 million through an IPO of 36.7 million …
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UAE Nationals To Get Interest-Free House Loan Under New Policy
has revealed that the UAE Cabinet has endorsed a new policy for UAE nationals home finance or loan free of interest. Housing loans shall be financed through collaboration between the Sheikh Zayed …
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Pallapay a Mega Company Offers Buy And Sell Bitcoin, USDT and Ethereum in Dubai With Cash Securely!
The agency has garnered multiple awards, including one from the major Crypto Expo in Dubai. Pallapay has earned a solid name as a prominent brand compared to buying and selling Bitcoin in Dubai, UAE, …
How Dubai’s free zones support entrepreneurs, ensure compliance, and protect consumer rights
Recent regulations are being strictly enforced to confirm that entities have legitimately earned profits corresponding to the commercial activities registered as per their license How Dubai’s free …
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Abu Dhabi’s Al Seer Marine Buys LPG Tanker Duo for $67M to Meet Growing Demand
Abu Dhabi’s Al Seer Marine, a subsidiary of International Holding Company (IHC), has said it has acquired two vessels, valued …
Fighting delays due to pandemic, BAPS Hindu Temple in Abu Dhabi on track to open by February 2024
thousands of members from the Indian diaspora in UAE took part in the foundation stone-laying ceremony at the upcoming BAPS Hindu Temple in Abu Dhabi, which is on target to open its doors to the …
UAE’s first SPAC – ADC Acquisition Corp. – starts trading on ADX
Launched by ADQ and Chimera Investment, new SPAC raised Dh367m for acquisitions Dubai: Shares of the first UAE SPAC (Special Purpose Acquisition Company) has started trading on Abu Dhabi Securities …
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Sharjah Police receive patent for device that can examine bullet validity faster
Picture for illustrative purposes only. Image Credit: Pixabay Sharjah: The Forensic Laboratory at Sharjah Police General Command has obtained a patent for an industrial model, approved by the …
Supermodel entrepreneur Tyra Banks launches her ice cream brand in Abu Dhabi
Supermodel turned entrepreneur Tyra Banks has chosen Abu Dhabi as the maiden international market for her global ice cream brand, SMiZE Cream. The US businesswoman said she was inspired by the UAE’s …
Abu Dhabi International re-opens Terminal 2
As passenger volumes, routes and airlines increase, Abu Dhabi International Airport (AUH) has recently re-opened Terminal 2 where five airline partners are now operating over 50 weekly flights, …
Abu Dhabi IHC’s subsidiary Al Seer Marine acquires LPG tankers for $67mln
Abu Dhabi’s Al Seer Marine, a subsidiary of UAE conglomerate International Holding Company (IHC), has acquired two additional tankers valued at 246 million dirhams ($66.9 million) to meet growing …
UAE weather: Dusty forecast for Friday; mercury to hit 45°C
Friday will be hot and dusty in general.According to the National Centre of Meteorology (NCM), mercury will hit 45°C in Fujairah. Dubai and Abu Dhabi will both record highs of 38°C. Light to moderate …
Around 350 Premium Dubai Plate Numbers to Be Up for Auction
Roads and Transport Authority (RTA) will be auctioning 350 premium Dubai plates of 3, 4 and 5 digits by next week.#RTA offers 350 catchy number plates of 3, 4, and 5 digits for private and classic …
Dubai Internet City strengthens its status as preferred hub for global tech firms
US tech firm Cloudflare joins the growing ranks of companies setting up operations in Dubai Internet City Dubai Internet City strengthens its status as preferred hub for global tech firms Ammar Al …
Ask the Law: Does a landlord in Dubai have the legal right to evict a tenant?
Also, do I have the legal right to transfer the worker from the company in which he or she is currently employed to another company affiliated with me, without the worker’s permission? Please advise …
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Abu Dhabi Hindu temple to open doors in Feb 2024: Indian envoy
The UAE’s first traditional Hindu stone temple will be made open to the public in February 2024, a top envoy said.Indian Ambassador to the UAE Sunjay Sudhir is optimistic that despite the challenges …
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