The move is part of the company’s broader plans to expand its global reach, for which it has allocated $150 million “in acquisitions within the next two years” Abu Dhabi’s Lyve acquires major stake in …
First MENA Games for Change summit to be held in Abu Dhabi
The two-day summit will be held on October 11-12, 2022 and will connect 300 leaders across Abu Dhabi’s gaming industry …
Dubai’s $817 Million Road-Toll Operator IPO Covered Within Hours
Dubai is looking to raise $817 million in the initial public offering of its road-toll collection system, the third listing in the emirate this year.Most Read from BloombergThe World’s Hottest Housing …
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Bank of America moves some of its Russia-based bankers to Dubai – sources
Bank of America (BofA) is moving some of its Russia-based bankers to Dubai, two sources told Reuters, following a move by several Western banks this year to relocate staff in the wake of the …
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Latest UAE central bank T-Bond issue oversubscribed close to 6 times, gets bids worth $2.3 billion
The overwhelming response to the bond issue is attributed to the attractive market driven prices – a spread of 8 basis points (bps) over US Treasuries for two years, and a spread of 20 bps over US …
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Dubai’s Salik IPO launches today
Shares priced at AED2, are now available to the public Dubai’s Salik IPO launches today Dubai RTA, dubai salik gates, GCC IPO market, Initial public offering, IPO, IPO activity, IPO in Dubai, IPO …
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Watch: Tom Felton spends the night at Dubai Mall in new video
Here’s what happened when the Harry Potter star found himself ‘Mall Alone’ in the Dubai attraction… Who better to promote all the wonderful things to do in Dubai than a bunch of A-listers? Previously, …
Abu Dhabi hotel occupancy rates rise to 65.2% in August, STR says
Revenue per available room (RevPAR), a key gauge of performance for the hotel industry, rose to Dh218.9 ($59.60) in August, higher than July and also 2.7 per cent above pre-coronavirus levels of …
7 best salons in Abu Dhabi for when you need some TLC
Need some TLC, or perhaps a new hair cut or manicure? You’ve come to the right place. Here are some of the best salons in Abu Dhabi.
Dubai’s Real Estate Market Spikes
Transparent and investor-friendly policies have led to a surge in local and global property buyers leading to a spike in demand …
Dubai residents can now report minor accidents on their DubaiNow app
The new service has been launched in association with Dubai Police; The app now provides more than 130 services from more than 30 government and private sectors Dubai residents can now report minor …
Fimple, a Turkish FinTech start-up plans to go global
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Mass firing at UAE newspaper raises question of censorship
A state-linked newspaper in the United Arab Emirates published a story this summer about a hot-button issue in the country: How Emiratis are coping with high fuel prices.
World’s largest waste-to-energy project in Dubai is 85 percent complete
Once fully operational, the plant will feed the local electricity grid with 215MWh of clean energy, which would roughly power 135,000 homes for a whole year World’s largest waste-to-energy project in …
Top Dubai real estate brokers using Emaar’s abandoned Dubai Creek Tower to lure international investment
Emaar’s Dubai Creek Tower has remained undeveloped for over two years, but the emirate’s real estate brokers continue to advertise the project as a key selling point Top Dubai real estate brokers …
Indian rupee rises against UAE dirham as dollar weakens
The Indian rupee appreciated 28 paise to 79.25 against the US dollar (21.59 versus the UAE dirham) in opening trade on Tuesday, tracking the dollar’s decli..
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UAE’s first paperless Direct Debit Marketplace launched
Fintech company Direct Debit System, launched the platform to facilitate recurring payments such as school fees, rent and subscription services …
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