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Month: June 2022

Posted on 28/06/2022

TECOM Group completes Dubai’s most oversubscribed IPO, raising nearly $463 million

The demand, he added, was also reflective of investors’ “strong appetite” towards Dubai’s capital markets and overall economy. TECOM Group earlier announced it was listing 625 million ordinary shares …
( read original story …)


Posted on 28/06/2022

UAE Offers to Buy Shares in State Owned Companies on PSX

The United Arab Emirates (UAE) has offered to purchase minority shares in publicly traded state-owned enterprises at a negotiated price, as well as a seat …
( read original story …)


Posted on 28/06/2022

UAE and Gulf’s fintechs can help out with closing gender gaps

Gender parity is not only the right way, it also has the potential to untap significant economic value, adding up to $12 trillion to global growth, including $2.7 trillion to the …
( read original story …)


Posted on 28/06/2022

Bespin Global opens cloud operations centre and training academy in Abu Dhabi

Cloud consultancy and management firm Bespin Global has announced the opening of its new Middle East and Africa headquarters in Abu Dhabi which includes a cloud operations centre and a training …

Posted on 28/06/2022

UAE: Police issue warning as videos, photos of murder go viral

Sharjah Police General Command has warned the public against circulating photos and videos of the murder case, and the authority had already revealed the details of the incident a …

Posted on 28/06/2022

UAE celebrates first-ever International Day of Women in Diplomacy at UN

“Every day, women lead and make vital contributions to diplomatic efforts across the globe,” said Lana Nusseibeh, Assistant Minister of Foreign Affairs and International Cooperation for Political …

Posted on 28/06/2022

Dubai To Cancel Some Fees Faced By Airlines

Dubai’s Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has passed a new resolution canceling fees imposed on airline agents and offices. The full details will be …

Posted on 28/06/2022

More than 400 bicycles seized in Dubai for breaking traffic rules

Violations included riding outside cycling lanes and going against the flow of traffic Dubai: Dubai Police have confiscated more than 400 bicycles for breaking the traffic law. Officials said last …

Posted on 28/06/2022

Dubai Municipality installs generator at Dubai Waste Management Centre

Dubai Municipality has announced the installation of a generator at the Dubai Waste Management Centre, the world’s largest …

Posted on 28/06/2022

Dubai Chambers welcomes over 1,600 new African companies since October 2021

Over 1,600 new African member companies have registered with Dubai Chambers since October 2021, growing 6.5 per cent to reach 26,420 today. In October 2021, the Chamber hosted the sixth edition of the …

Posted on 28/06/2022

Dubai Airports’ Hajj Committee Finalises Preparations For Hajj Travellers From DXB

Dubai Airports’ Hajj Committee Finalises Preparations for Hajj Travellers from DXB . First flight for Hajj pilgrims scheduled to depart Dubai for Madina …

Posted on 28/06/2022

Damac awards $168m contract to build ‘Adrenaline Hub’ at Lagoons project in Dubai

This ‘Adrenaline Hub’ captures the pulsating vibe of Catalonia with its ziplining, rock-climbing, kayaking, paddle-surfing and wave-riding features,” it said. The Lagoons pro …

Posted on 28/06/2022

Alpha Dhabi raises its stake in Aldar Properties, making it a subsidiary

Aldar now transitions into a full-fledged subsidiary of Alpha Dhabi Dubai: Alpha Dhabi Holding has increased its stake in Aldar Properties, whereby the Abu Dhabi mega-developer will be a full-fledged …
( read original story …)


Posted on 28/06/2022

What the region can learn from the UAE in fighting climate change

A study by the Brookings Institute published last year stated that the Middle East and North Africa (MENA) is among the most vulnerable places in the world to climate change. It p …
( read original story …)


Posted on 28/06/2022

Kanoo Energy signs deal for a possible manufacturing role at Abu Dhabi’s Ta’ziz zone

Ta’ziz is being developed by ADNOC and ADQ as a hub for ‘Make it in the Emirates’ ventures Dubai: Kanoo Energy has signed an Expression of Interest to be part of the Ta’ziz industrial programme with …
( read original story …)


Posted on 28/06/2022

Transforming Business And Lives

Digital transformation solutions are developing a synergy between India and UAE establishments through care, concern and competence …
( read original story …)


Posted on 28/06/2022

Dubai’s MSME Sector takes a Leap of Faith, Gains from E-Commerce

If we are to look at the sectors that converted challenges into opportunities during the pandemic period which kicked in widespread supply chain disruptions, e-commerce is bound to top the – Mediawire …
( read original story …)


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