Dubai business park operator TECOM Group set price guidance on Thursday for its initial public offering that showed it could raise up to 1.67 billion dirhams ($454.7 million) in the listing. TECOM …
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The Central Bank of the UAE Raises Interest Rate
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 75 basis points, effective from Thursday, 16 June 2022.This decision was ta …
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More top-level job shake-ups at Dubai’s Shuaa Capital
The chief financial officer of Dubai-based Shuaa Capital PSC has stepped down, to be replaced by a new finance director, the company disclosed today, after a week of top-level changes. Gunshyam Kripa …
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Is there light at the end of the crypto tunnel? Early musings after the market meltdown
The cryptocurrency pool will consolidate, with many digital coins disappearing, an expert told Arabian Business Is there light at the end of the crypto tunnel? Early musings after the market meltdown …
Abu Dhabi Department of Health inks deal to develop clinical research hub, innovative treatments
The Abu Dhabi DoH and the Middle East arm of Johnson & Johnson will explore short- and long-term projects in the generation of data and real-world evidence to boost the region’s healthcare sector Abu …
Fire breaks out in Abu Dhabi’s Al Zahiyah area
Report A fire breaks out in Al Zahiyah area of Abu Dhabi on Friday afternoon. Abu Dhabi Police said on Twitter, “Teams of Abu Dhabi Police and Abu Dhabi Civil Defense …
Fire crews tackle blaze in downtown Abu Dhabi
A large fire broke out in Abu Dhabi on Friday afternoon.Thick plumes of smoke were visible over the city skyline above high-rise buildings in video footage shared on social media.Teams from Abu Dhabi …
Louvre Abu Dhabi named civil party in probe into alleged antiquity trafficking
French authorities are trying to affirm the origins of five Egyptian pieces the museum bought for Dh30.34 million …
UAE hopes Iran can work with IAEA to reassure international community over its nuclear programme
The United Arab Emirates hopes Iran will work with the International Atomic Energy Agency (IAEA) to provide reassurances to the international community and the region about Iran’s nuclear programme, …
UAE’s Etihad Airways will return to London Heathrow’s Terminal 4 from 22 June
Etihad has confirmed that from July to September 2022, it is increasing its current four daily flights from London Heathrow to five daily flights UAE’s Etihad Airways will return to London Heathrow’s …
UAE weather update: Temperatures to hit 49°C over the weekend
Temperatures across the UAE may rise as high as 49°C in select areas over the upcoming weekend. Abu Dhabi will experience highs of 43°C during daytime and lows of 29°C at night on Saturday …
UAE’s Moon mission chief ‘excited but feeling the pressure,’ as Rashid rover nears launch
The UAE is a step closer to becoming the first Arab country to land on the Moon, with its lunar rover Rashid now in France for final testing and a launch window starting in early November. Hamad Al …
Rising Covid cases in UAE: Green Pass validity, mask, travel rules; all you need to know
Green Pass. Green pass validity on the Al Hosn app has been reduced from 30 days to 14 days. So, residents that are fully vaccinated will receive a 14-day Green Pass once they tes …
UAE’s tech sector has this ‘hunger’ for data centers and Khazna is out to meet that
Khazna’s Hassan Alnaqabi wants to build up scale after G42-e& data center deal Hassan Alnaqabi of Khazna Data Center said: “What’s available as data storage capacity in the UAE is not enough …
UAE licenses third unit of Barakah nuclear power plant
ABU DHABI, June 17 (Reuters) – The United Arab Emirates has licensed the third unit of its Barakah Nuclear Energy Plant, the UAE’s permanent representative to the International Atomic Energy Agency, …
UAE: Barakah nuclear power plant gets Unit 3 operating licence
The Federal Authority for Nuclear Regulation (FANR) granted the operating licence for Unit 3 of the Barakah Nuclear Power Plant, located in Abu Dhabi’s Al Dhafra region. The operating licence …
McGregor pondering UAE offer, Katic set for Ibrox return
McGregor pondering UAE offer …