Global Edge’s IPO seeks to raise up to Rs 154.98 crore in an issue comprising an offer-for-sale, as well as fresh issuance of shares. Should you subscribe to the issue?
Global Surfaces IPO opens today: GMP, subscription status, all details here
The initial public offer (IPO) of Global Surfaces will open for subscription today, March 13. The company processes natural stones and manufactures engineered quartz. The company has two manufacturing …
Silicon Valley Bank Collapse : Abu Dhabi Investment Firm Considers To Acquire SVB’s UK Arm
In the recent development of Silicon Valley Bank’s (SVB) collapse, Royal Group, an investment firm backed by Abu Dhabi royal, is reportedly considering to takeover SVB’s UK vertical. According to …
Adnoc Gas Jumps 25% in Abu Dhabi After $2.5 Billion IPO
Adnoc Gas, a subsidiary of Abu Dhabi’s main energy company, surged in its trading debut after raising $2.5 billion in the world’s biggest initial public offering this year.Most Read from BloombergFDIC …
UAE’s ADNOC Gas shares surge 25% in $2.5bn IPO
Shares in the United Arab Emirates’ ADNOC Gas soared 25 percent in opening trade on Monday in a $2.5 billion initial public offering that aims to tap into growing demand for the fuel. ADNOC Gas, a …
UAE Launches New Initiative To Boost Emiratisation In Manufacturing, Industry And Technology
The programme is the result of a memorandum of understanding (MoU) signed between the Ministry of Industry and Advanced Technology (MoIAT), the Ministry of Human Resources and Emiratisation (MoHRE) …
UAE residents are using technology to take control of their health, says Philips Health Trends Research
There is an overwhelming acceptance of digital health technologies in the UAE, with 95 per cent of respondents believing that technology can play an important role …
Leading the infrared technology to the world: SATIR Infrared’s excellent thermal imager smart phone S1 unveiled at MEE Dubai
Technology combined with aesthetics, thermal imaging camera “installed” into the high-end flagship mobile phone At the exhibition site, SATIR launched the outdoor three-proof thermal imager smart …
Israel-based Fintech Liquidity Group to Support Gulf Startups with $500M
Liquidity Group, a Fintech and asset manager, is looking to provide $500M this year “to support startups in the UAE and across the Middle East.” …
Khaled Bin Mohamed Bin Zayed Attends Abu Dhabi Government Leadership Retreat
ABU DHABI, 11th March, 2023 (WAM) — H.H. Sheikh Khaled bin Mohamed bin Zayed, member of the Abu Dhabi Executive Council and Chairman of the A …
Mohamed Bin Zayed Issues Law To Establish Abu Dhabi Transport Company
In his capacity as the Ruler of Abu Dhabi, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a law establishing the Abu Dhabi Transport Company. An affiliate of the Supreme Council …
‘Sharjah Tourism’ Diverse Offerings Take Centre Stage At ITB Berlin 2023
SHARJAH, 11th March, 2023 (WAM) — During ITB Berlin 2023 visitors were able to discover Sharjah and the captivating vision of the present and …
Dubai property developers set to be cash flow positive in 2023 for fourth consecutive year
Dubai’s property developers are set to record positive cash flow in 2023 for the fourth consecutive year on the back of healthy pre-sales and favourable payment terms, despite global macroeconomic …
UAE: Tenant ordered to pay over Dh160,000 for occupying apartment for 4 years without paying rent
The real estate firm said it incurred financial losses during the period the man seized the apartment, for which the annual rent was Dh45,000 …
UAE: Man ordered to return Dh71,000 borrowed for struggling business to sister
An Abu Dhabi resident has been instructed to pay back Dh71,000 he borrowed from his sister for his struggling business. The woman had filed a lawsuit against her brother before the Abu Dhabi Court for …
Dubai: Ultra-luxury property market heavily undersupplied as supply is absorbed, says expert
Dubai’s ultra-luxury property market is heavily undersupplied, as most of the supply is absorbed at an unprecedented level, with affluent buyers flocking to the emirate to cash in on the attractive …
Emirati crew take Fazza to victory as Abu Dhabi revives Class 3 racing
Emirati crew take Fazza to victory as Abu Dhabi
revives Class 3 racing
Al Zaffain, Bin Hendi start new championsh …