DUBAI, Sept 15 (Reuters) – A plan to restructure Abu Dhabi investment firm KBBO Group and its hospital unit received court approval on Friday following months of negotiations, said Deloitte, which is acting as trustee of the group. KBBO Group was one of …
Mercedes have eye on Lewis Hamilton’s Abu Dhabi 2021 agony amid Felipe Massa F1 lawsuit
Former Ferrari F1 driver Massa is threatening a lawsuit over the ‘Crashgate’ scandal from the 2008 Singapore Grand Prix in a bid to be declared champion from that season
UAE mobile banking: 5 trends changing the way we spend
UAE residents are increasingly turning to mobile banking as they look to track and manage spending. Mobile banking apps are the first choice for UAE residents, and approximately 50 per cent of these …
Bayanat partners with HySpecIQ and AzurX to enable hyperspectral imaging and analysis for the UAE
HySpecIQ, a global leader in hyperspectral imaging and data analytics, today announced a partnership with Bayanat, an ADX-listed public company and leading provider of AI-powered geospatial solutions.
VIDEO: Frank Caprio addresses IGCF, says UAE is the largest base that follows my hearings on social media
Caprio’s illustrious career began as a teacher at Hope High School in the city of Providence, Rhode Island. While teaching during the day and despite holding a bachelor’s degree from Providence Colleg …
UAE shares end higher on strong oil, China optimism
Sept 15 (Reuters) – Stock markets in the United Arab Emirates rose on Friday, tracking higher oil prices and optimism that the Chinese economy is finally turning a corner. Oil prices — a key catalyst …
Dubai records over Dhs12.7 billion in realty deals
A total of 2,329 real estate transactions worth over Dhs12.7 billion were conducted during the week ending 15th September, 2023, according to figures released by the Dubai Land Department (DLD). The …
Dubai billionaire Satish Sanpal throws lavish birthday bash with top Bollywood celebrities in Armani Hotel
Prominent A-list stars such as Neha Kakkar, Jubin Nautiyal, Karishma Tanna, and many others graced the occasion with their presence …
Abu Dhabi royal launches $50B global investment fund
Chimera Investment LLC, part of a business empire overseen by Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan, set up a $50 billion fund, adding to the plethora of sovereign and state-linked funds in …
Imkan buys Abu Dhabi Arch Marble and Granite Factory in expansion push
Abu Dhabi-based real estate developer Imkan has acquired Abu Dhabi Arch Marble and Granite Factory, a manufacturer of building materials, as the company aims to diversify its revenue stream and expand …
Abu Dhabi Royal’s Firm Sets Up $50 Billion Investing Force
Chimera Investment LLC, part of a business empire overseen by Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan, set up a $50 billion fund, adding to the plethora of sovereign and state-linked funds in …
How fast is 5G? What you need to know about 5G speeds
This means that unless you haven’t upgraded your phone in a while or you live in a rural area that’s not yet within the reach of 5G, there’s a good chance you already have a 5G smartphone …
Etisalat by e& completes world’s first trial for large capacity transmission network
Etisalat by e& today announced the successful completion of its “400G@ Super C+L” transport network trial, conducted in partnership with Huawei marking a significant milestone in network capacity and efficiency, playing a pivotal role in supporting green development initiatives establishing a robust foundation for hyperscale cloud computing.
Pre-order now: The latest iPhone 15 and iPhone 15 Plus have arrived in UAE
Prior features, like 5G, and satellite connectivity for emergencies, are included in the phone. The phone’s battery is expected to last up to 20 hours with video playback and 80 hours with audio …
UAE and China’s Hainan Province sign multiple deals to boost cooperation in priority sectors
HE Dr Thani Al Zeyoudi: “The success of the Hainan Promotion Conference in Dubai is testament to the synergies that exist between our two thriving economies, such as a shared belief in rules-based …
Middle East Gaming Authority Paves Way For ‘Arabian Strip’ Gambling Zone
Testing the waters with the announcement of the Wynn Al Marjan Island, the UAE government has gone to the deep end, announcing a federal level gaming authority. Chaired by the former CEO of MGM, this …
Toto Wolff says Felipe Massa’s lawsuit will ‘set a precedent’ for F1, so could Mercedes reopen Abu Dhabi 2021?
“We’re looking from the sidelines with curiosity.” Mercedes opted not to appeal the result of the 2021 Abu Dhabi Grand Prix after Hamilton was controversially denied the chance to win a record eighth title by Max Verstappen. Verstappen clinched …