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Month: November 2022

Posted on 10/11/2022

Taaleem IPO: Dubai school operator begins subscription at AED 2.95-3 per share

Taaleem aims to raise AED750 million through the IPO. The proceeds from the IPO will be then used to fund the development of four new premium schools across Dubai and Abu Dhabi, Taaleem’s chief …

Posted on 10/11/2022

Dubai: Death penalty given to worker for premeditated murder of businessman, his wife

The Court of Appeal in Dubai has upheld a ruling by the Court of First Instance giving the death penalty to a worker for the premeditated murder of a busin..

Posted on 10/11/2022

Dubai records over $462mln in realty transactions Wednesday

DUBAI: Dubai real estate market recorded 466 sales transactions worth AED1.7 billion, in addition to 93 mortgage deals of AED212.74 million, and 11 gift deals amounting to AED35.9 million on Wednesday …

Posted on 10/11/2022

Dubai’s Taaleem Joins Mideast IPO Rush With $207.5 Million Sale

Dubai private school operator Taaleem Holdings PJSC started marketing its shares on Thursday, joining an IPO rush in the Middle East.

Posted on 10/11/2022

One hundred Emirati couples marry in Dubai mass ceremony

Emirati weddings: the complete insider guide. A mass wedding ceremony in Dubai on Wednesday was attended by 100 Emirati grooms. The brides have a separate ceremony, whe …

Posted on 10/11/2022

Wio Bank, Mambu Bring Virtual Banking Services to the UAE

Mambu’s platform enables Wio Bank “to achieve a faster time to market as it helps establish the UAE as a hub for the growing digital economy.” …

Posted on 10/11/2022

Ontario woman takes home gold in jiu-jitsu world championship in Abu Dhabi

By day, Rain Pfaff is a registered massage therapist in Blenheim, Ont. and in her off hours, she has become a high-level jiu-jitsu fighter.

Posted on 10/11/2022

Contractor pleads guilty to fatally striking Air Force captain with forklift on military base in UAE

A civilian contractor has pleaded guilty to the killing of an Air Force officer he struck with a forklift while on a cellphone, the Justice Department said …

Posted on 10/11/2022

Bahraini-UAE drill ‘Jelmoud 3’ to conclude tomorrow

The Bahrain-UAE joint anti-terrorism drill ‘Jelmoud 3’ will conclude tomorrow, according to the Drilling Higher Committee.The drill, which included guard and defense units and weapons from the UAE and …

Posted on 10/11/2022

Jacob & Co. Is Building a Soaring 100-Story Tower in Dubai That Looks Like a Crystal Crown

A new residential tower from Jacob & Co. could soon be the crown jewel of Dubai’s skyline. This week, the luxury watchmaker and jewelry brand revealed it will be entering the real estate market after …

Posted on 10/11/2022

Dubai real estate: $463m of property deals recorded on Wednesday

Dubai real estate market recorded 466 sales transactions worth $411m (AED1.51bn) on Wednesday, according to the Dubai Land Department. In addition to 93 mortgage deals of $58m (AED212.74m), and 11 …

Posted on 10/11/2022

COP27: UAE’s green bonds, sukuk market valued at $17 billion

The UAE Ministry of Climate Change and Environment (MoCCAE) co-hosted a fireside chat on its Green Bond and Sukuk Programme with the Global Green Growth In..

Posted on 10/11/2022

UAE Sustainable Finance Working Group Issues Second Public Statement

Through the second high-level statement, SFWG members reiterated their commitment towards enabling the UAE’s economic transition and encouraging the adoption of sustainable finance at a national level …

Posted on 09/11/2022

“Abu Dhabi T10 a good platform, looking forward to new season”: Morrisville SAMP Army owner

While India is considered to be one of the hotbeds for the game of cricket, the USA is among the nations that is fast making up ground in the sport. And stepping down the track, to tee off further …

Posted on 09/11/2022

New UAE law to develop $32bn industrial sector

UAE President Sheikh Mohamed unveils law to develop the country’s industrial sector New UAE law to develop $32bn industrial sector Law, UAE, UAE government Politics & Economics …

Posted on 09/11/2022

UAE President issues new law on regulation, development of industry

President His Highness Sheikh Mohamed bin Zayed Al Nahyan, issued Federal Decree-Law No. 25 of 2022 regarding the regulation and development of …

Posted on 09/11/2022

New law regulating industry supports UAE’s industrial, economic development: Sultan Al Jaber

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, said that the decision by President His Highness Sheikh Mohamed bin Zayed Al Nahyan to issue a new law to regulate and …

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