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Month: October 2022

Posted on 24/10/2022

Abu Dhabi fund ADQ invests $125 mln in female-led Aliph Capital

Abu Dhabi sovereign wealth fund ADQ has invested $125 million in the debut fund launched by Aliph Capital, the Middle East’s first female-led private equity firm.

Posted on 24/10/2022

Abu Dhabi’s ADQ invests $125mln in Aliph Capital’s fund

Aliph Fund I (LP) is a $250mln target private equity fund, aiming to invest in mid-sized companies in the UAE and across the GCC …

Posted on 24/10/2022

More than 7,000 employees receive basic OSHJ training at Salama Preventive Training Institute in Emirate of Sharjah

Stemming from the vision of educating workers about risks in the work environment, in order to build advanced preventive measures to ensure worker safety, and in line with the requirements of the …

Posted on 24/10/2022

Crypto industry in UAE is a tsunami in the making, set to disrupt online commerce in a huge way, says expert

The Gulf country’s market is also expected to see several Google-Coinbase type partnership deals between the banking, fintech web3 ventures Crypto industry in UAE is a tsunami in the making, set to …

Posted on 24/10/2022

READY: Saif Belhasa hosts controversial Andrew Tate in Dubai

Andrew Tate and his brother Tristian have been strengthening their relationship with billionaire businessman Saif Belhasa READY: Saif Belhasa hosts controversial Andrew Tate in Dubai Andrew Tate, …

Posted on 24/10/2022

UAE’s first hydrogen-derived shipment delivered to Germany

The national oil company of the United Arab Emirates (UAE) has delivered a first shipment of ammonia derived from hydrogen to Hamburg. Germany plans to satisfy its growing demand for hydrogen largely …

Posted on 24/10/2022

Non-oil trade exchange between Egypt, UAE exceeds $3.8bln in 5 months

The volume of non-oil foreign trade between Egypt and the UAE amounted to over $7.5bln during 2021, with a growth rate of 7.6% compared to 2020 …

Posted on 24/10/2022

UAE labour law amendment: All about contract period, expiry, renewal

The UAE government recently issued Federal Decree-Law No. (14) of 2022, which amended the new law that came into force in February 2022.Ben Brown, UAE Partner – Employment, Addleshaw Goddard explained …

Posted on 24/10/2022

UAE: Driving to Qatar for World Cup? Here is everything you need to know

Interior ministry announced that cars without Qatari registration numbers wishing to enter need to meet specific requirements and have special permissions …

Posted on 24/10/2022

Dubai Tees Up Fourth IPO of the Year With Empower Stake Sale

Dubai plans to sell a 10% stake in Emirates Central Cooling Systems Corp., the city’s fourth privatization this year as part of a drive to boost trading volumes on the stock exchange.Most Read from Bl …

Posted on 24/10/2022

Dubai to offer 10% of Empower in fourth state-linked IPO this year -Gulf News

Dubai plans to offer 10% of Emirates Central Cooling Systems Corporation (Empower) in an initial public offering, according to an advertisement in Dubai-based daily Gulf News on Monday.

Posted on 24/10/2022

Dubai Customs, American Embassy discuss ways to tackle piracy, counterfeiting

In 2021, the IPR Department of Dubai Customs resolved 390 IP disputes The IPR Department at Dubai Customs in a virtual meeting with officials from the American Embassy. Image Credit: Supplied DUBAI: …

Posted on 24/10/2022

Dubai: Man fined Dh20,000 for importing drugs from European country through documents shipment

Police found a brown envelope containing two white papers, suspected to be saturated with prohibited narcotic substances …

Posted on 24/10/2022

Dubai set to sell 10% stake in Empower through IPO later this month

DEWA and EPI-owned company will become the fourth government entity to be listed on Dubai Financial Market; Subscription opens on October 31 Dubai set to sell 10% stake in Empower through IPO later …

Posted on 24/10/2022

Did UAE’s 5G base among smartphone users already hit 36%? Ericsson thinks so

5G users are more likely to adopt metaverse applications faster The Metaverse possibilities are only starting to stream in for 5G take up rates, and that’s going to be another catalyst for UAE 5G …

Posted on 24/10/2022

Partial solar eclipse in UAE: Why and how special prayers are offered

A rare partial solar eclipse will see the moon’s shadow cast on the earth on October 25. The celestial spectacle, which can in equal measure stun and intimidate, serves as a divine reminder for …

Posted on 24/10/2022

Phase I of Intelligent Traffic Systems improves incident monitoring by 63%, response time by 30%: Dubai’s RTA

Dubai’s RTA is gearing up for the second phase of the project over the next few months, which will cover the entire main roads of the emirate …

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