Abu Dhabi National Oil Company (ADNOC) has approached Covestro AG , a German plastics and chemicals maker with a market value of 7.8 billion euros ($8.5 billion), with a takeover offer, people …
NIO snags $740M investment from Abu Dhabi government fund to expand international business
Chinese EV automaker NIO has confirmed that a holding firm backed by the Abu Dhabi government is investing close …
Nio’s stock turns briefly positive after more than $1 billion investment from Abu Dhabi fund
Nio’s stock bounced briefly into the green Tuesday, after the China-based EV maker announced an investment of more than $1 billion by an Abu Dhabi fund.
UAE in top 10 most ‘competitive’ countries in world: Sheikh Mohammed
The UAE has entered the top ten of the “most competitive” countries in the world, according to an influential international ranking. The UAE enters the top ten for the first time after climbing tow places. Sheikh Mohammed bin Rashid Al Maktoum …
UAE leaders send condolences to King Salman over death of Saudi prince
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice-President, Deputy Prime Minister and Minister of the Presidential Court …
UAE to impose hefty fines on firms not meeting Emiratisation target
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
US, Saudi Arabia welcome ‘step forward’ as Qatar and UAE restore diplomatic ties
In 2017, the UAE joined Saudi Arabia, Bahrain, and Egypt in imposing an illegal air, land and sea blockade on Qatar . The United States and Saudi Arabia welcomed
Dubai’s Road Authority Said to Cancel RFP for Strategic Review
Dubai’s Roads & Transport Authority canceled a request for proposals on reviewing its assets about two weeks after it was issued, according to three people familiar with the matter.
Dubai Airport is preparing to handle 3.5 million passengers during Eid holidays
Dubai International Airport is expected to witness a significant increase in the number of passengers through all terminals during the coming weeks, coinciding with the blessed Eid Al-Adha holidays, …
MBRSC announces launch date for PHI-demo on 27 june
Serving as a hub for innovation and technological growth, catalyzing the future of space exploration …
Dubai’s VARA emerges as a leading choice for VASPs, while Hong Kong strengthens its crypto position
According to a report as quoted by laraontheblock, Ben Caselin, CEO of Maskex, states that Dubai and Hong Kong are establishing themselves as crypto hubs by realizing the potential of virtual assets …
Exploring Cutting-Edge Videography Technologies in Dubai: Elevating Visual Storytelling
Introduction: Dubai, known for its technological advancements and innovative spirit, has become a hub for videography enthusiasts and professionals alike. As the demand for high-quality visual content …
Woman in Abu Dhabi jailed for posting video likely to incite hatred
The PP had ordered the arrest of the accused woman, in the context of the “buzz” generated by the posting of the offending video on various social media platforms, while taking all legal measures to …
UAE: New incentive announced for SMEs; certification fee slashed to Dh500
By joining the programme, small and medium enterprises can enhance their competitiveness in tenders with government and major companies …
Sharjah concludes participation as Guest of Honour of 5-day Seoul International Book Fair
Sharjah’s resounding prominence as the Guest of Honour at the 65th Seoul International Book Fair transformed the event into a grand celebration of Emirati and Arab culture. With its captivating and …
Abu Dhabi’s ADNOC approaches Germany’s Covestro with acquisition offer-sources
Abu Dhabi National Oil Company (ADNOC) has approached Covestro AG, a German plastics and chemicals maker with a market value of 7.8 billion euros ($8.5 billion), with an takeover offer, people familiar with the matter said on Tuesday.
Wizz Air adds 10th aircraft, introduces direct flights between Abu Dhabi and Cairo
The new route of Wizz Air provides affordable, hassle-free, point-to-point travel for tourists and residents in both Egypt and the UAE.