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Month: December 2022

Posted on 20/12/2022

Saudi’s PIF eyes $250m stake in cooling firm ahead of IPO

Saudi Arabia’s Public Investment Fund (PIF) is in talks to buy a stake worth about $250m in Saudi Tabreed, the local venture of UAE-listed National Central Cooling, according to people familiar with …

Posted on 20/12/2022

Court orders man to pay Dhs20,000 to former wife for beating her in Abu Dhabi

The plaintiff explained that she was married to the appellee and that he beat her up, causing her injuries mentioned in a medical report, which included pains, bruises and scratches on the head, face …

Posted on 20/12/2022

Abu Dhabi’s G42 and AstraZeneca team up to manufacture pharmaceutical products in the UAE

G42 Healthcare, a subsidiary of Abu Dhabi technology company Group 42, and the UK’s AstraZeneca have signed an agreement to manufacture pharmaceutical products in the emirate, positioning the UAE …

Posted on 20/12/2022

Ferrari World Abu Dhabi’s new mega-coaster to launch in Jan 2023

Mission Ferrari will provide a multisensory 5D rollercoaster experience that includes the world’s first sideways coaster drop.

Posted on 20/12/2022

Etisalat delegation calls on Finance Minister in Islamabad

A delegation of UAE’s Etisalat International led by its Chief Executive Officer Mikhail Gerchuk called on Finance Minister Ishaq Dar in Islamabad on Tuesday. Talking to the delegation, the Finance …

Posted on 20/12/2022

Abu Dhabi Police arrest 159 beggars from Nov.6 to Dec.12

The police also emphasized their keenness to carry out continuous campaigns to control beggars to eliminate this unacceptable phenomenon, urging the public to cooperate and contribute positively with …

Posted on 20/12/2022

AstraZenca, G42 Healthcare enter strategic partnership to manufacture pharmaceutical products in Abu Dhabi

Abu Dhabi (DoH) in spearheading Abu Dhabi’s healthcare ecosystem, AstraZeneca, a science-led biopharmaceutical and one of the top 10 biopharma companies globally, and G42 Healthcare, an AI-powered …

Posted on 20/12/2022

AstraZenca to manufacture pharmaceutical products in Abu Dhabi

AstraZeneca, a science-led biopharmaceutical company, and G42 Healthcare, an AI-powered healthcare company in Abu Dhabi, signed a strategic partnership agr..

Posted on 20/12/2022

GCC residents are not allowed to enter UAE in 4 cases

The authority affirmed that residents in any of the GCC countries must obtain an electronic visa to enter the UAE, before their travel, as the visa allows them to stay in the country for 30 days from …

Posted on 20/12/2022

Relocation of firms, professionals to UAE gains pace

The UAE also offers more than 40 Free Zones, 20 of which are in Dubai. These zones allow foreign business owners to benefit from complete lifetime tax exemption and …

Posted on 20/12/2022

UAE delegation in capital to hammer out trade pact

A second round of formal negotiations for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) is being held in Phnom Penh, with both sides looking to resolve …

Posted on 20/12/2022

Students no longer need to pass test to get into UAE universities

UAE Ministry of Education issues exemption from EmSat requirements Students no longer need to pass test to get into UAE universities News …

Posted on 20/12/2022

UAE economy set to grow 7.6% this year – highest in more than a decade

The UAE Minister of Economy Abdulla bin Touq said earlier this month the country’s gross domestic product is expected to grow by 6.5 per cent this year. The robust growth is driven by a sharp increase …

Posted on 20/12/2022

UAE-based Chimera to acquire 45% of Ghabbour Auto’s subsidiary GB Lease for $34.6 mln

Abu Dhabi-based Chimera is set to acquire a 45 percent share of GB Lease, which is owned by Egypt-based GB Capital for Financial Investment, itself a 99.99 percent owned subsidiary of GB Auto, for EGP …

Posted on 20/12/2022

Promotion of Arabic at the core of new UAE strategy on literature and publishing

A new strategy to overhaul the UAE’s literature and publishing industry has been announced by the Ministry of Culture and Youth. To be launched next year, a new suite of policies and initiatives will …

Posted on 20/12/2022

Video: Christmas trees in Dubai sell for up to Dh7,200 as demand surges through the roof

Tree sellers in the emirate say they are looking to sell around 2,300 Christmas trees this year, as demand is likely to remain high much after December 25 …

Posted on 20/12/2022

Dubai off-plan realty sales at record peak

Last week the off-plan real estate sales in the Dubai real estate market achieved a record performance during the 11 months of this year, with a growth of 115.38 per cent in terms of sales, …

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