Denmark wants hedge fund trader Sanjay Shah extradited from the United Arab Emirates, but Shah’s lawyer Ali al-Zarooni argued in court that there were breaches in the extradition treaty signed between …
MIDEAST STOCKS-Gulf mostly subdued as Emaar hits Dubai on weak outlook
Most Gulf stock markets fell on Monday as blue-chip Emaar Properties dragged down Dubai despite PMI pointing a solid non-oil private sector growth in UAE and Saudi Arabia in August. Sept 5 (Reuters) – …
New Salik branding, more toll gates: Everything we know about Dubai’s next big IPO
The company currently operates eight toll gates across Dubai – particularly placed in strategic junctures, bridges, and other high-traffic areas in the emirate New Salik branding, more toll gates: …
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Dubai Set to Sell 20% in Road-Toll Firm in Third IPO of the Year
Dubai is selling a 20% stake in its road-toll collection system in a deal that could raise about $1 billion for the government, as part of the city’s ongoing efforts to boost trading volumes. Most …
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Dubai: RTA’s Salik To Sell 1.5 Billon Shares In IPO
The road toll operator Salik will sell 1.5 billion shares or 20 per cent of the stake through the initial public offering (IPO). The offering comprises individual subscribers, professional investors …
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UAE: Storing savings in your bank account? Here’s how to make the most of it
Here’s some useful tips to ensure that you don’t lose out on your savings account’s perks This website stores cookies on your computer. These cookies are used to improve your experience and provide …
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UAE-based Cashew hits market raising over $70 million, largest by a BNPL startup in the country so far
The venture is already in negotiations with a couple of family offices in Saudi Arabia and venture capital (VC) firms in the US and Singapore for the proposed fundraising UAE-based Cashew hits market …
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Salik IPO: Dubai toll operator to sell 20% stake in IPO and list on DFM
The government will sell 1.5 billion shares in Salik and it reserves the right to amend the size of the offering, it said in an advertisement in Gulf News on Monday. The offer price will be published …
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Saudi Arabia appoints new crypto chief to boost digital ambitions
Mohsen AlZahrani, a former managing director at consultancy Accenture, will lead the Kingdom’s virtual assets and central bank digital currency program Saudi Arabia appoints new crypto chief to boost …
UAE ADGM grants Klickl a digital asset dealer and custodian preliminary license
Klickl aims to deliver that all-in one crypto super app which serves all crypto needs in the ever-evolving digital era.. UAE ADGM grants Klickl a digital asset dealer and custodian preliminary license …
UAE: Big Ticket Abu Dhabi issues fraud alert over fake raffle draw page
Popular mega raffle draw Big Ticket Abu Dhabi has issued an alert, warning the public of a fake social media account that claims to be its “second account”. In an Instagram Story, the official Big …
UAE’s nationwide Higher Colleges of Technology appoints new president and CEO
Dr Faisal Alayyan has previously held key posts at Khalifa University in Abu Dhabi Abu Dhabi: The UAE’s nationwide Higher Colleges of Technology’s (HCT) Board of Trustees has appointed Dr Faisal …
UAE DP world launches Metaverse challenge for students
The question DP World is posing to university students is “ How do you envision solving existing challenges at DP World by leveraging the power of the Metaverse?”. UAE DP world launches Metaverse …
Dubai Government Human Resources Department, SAP Collaborate To Develop Emirati Talent
DUBAI, 4th September, 2022 (WAM) — A cohort of 30 Emirati university graduates have passed a rigorous selection process to embark on a traini …
Sharjah’s Kalba Waterfront work complete
UAE – The Sharjah Investment and Development Authority (Shurooq) has announced that construction work on the Kalba Waterfront in Sharjah’s Eastern Region, the largest retail and first inclusive …
Sharjah Art Opens Its Fall 2022 Exhibitions
SHARJAH, 4th September, 2022 (WAM) — The Sharjah Art Foundation opened its Fall 2022 program on Friday with the exhibitions ‘Pop in South Asi …
Salik IPO: Dubai’s rising population base sets up toll gate operator for faster growth, says Mattar Al Tayer
Dubai: The widening of Dubai’s infrastructure and roadways and the increase in the city’s population base sets up Salik for further growth, according to a top official with the toll gate operator and …