Saudi National Bank (SNB) reported on Tuesday a rise of 6% in net profit for the third quarter from a year earlier, boosted by higher operating income and lower provisions for bad loans.
UAE’s Invest Bank joins e& enterprise blockchain platform UAE Trade Connect
Sharjah, UAE: UAE Trade Connect (UTC) today announced the addition of Invest Bank as its 13th official member, marking a significant milestone in e& enterprise’s blockchain fintech platform’s mission …
UAE and Canada hold first Joint Committee in Abu Dhabi
Both sides reviewed bilateral relations between the UAE and Canada, and underscored the importance of the inaugural Joint Committee meeting for fostering enhanced collaboration between the two …
Bahrain’s Investcorp plans to sell 643 mln shares in Abu Dhabi IPO
Oct 24 (Reuters) – Investcorp Capital on Tuesday said it plans to offer 643 million ordinary shares in an initial public offering (IPO) with the aim of listing on the Abu Dhabi Securities Exchange.
The 10 Best Hotels In Abu Dhabi
Home to the epicenter of luxurious accommodations, the best hotels in Abu Dhabi offer thoughtful amenities and impeccable service. Here are our top picks.
Abu Dhabi-based Investcorp Capital plans IPO, ADX listing
Investcorp Capital plc, an Abu Dhabi Global Market-based alternative investor, on Tuesday announced its intention to proceed with an IPO and list its stock on the Abu Dhabi Securities Exchange (ADX).
Investcorp Capital plans to sell about $321.5 mln shares in Abu Dhabi IPO
Investcorp Capital on Tuesday said it plans to sell shares worth as much as $321.5 million in an initial public offering (IPO) with the aim of listing on the Abu Dhabi Securities Exchange.
UAE: Investcorp Capital to sell 29.34% stake through IPO
Investcorp Capital, an asset management and capital financing services company, on Tuesday said it would sell 643 million shares which represents approxima..
Dubai’s Crown Prince Sheikh Hamdan pays tribute to Palestine on Instagram
Sheikh Hamdan’s post came a day after UAE President Sheikh Mohamed called for an immediate end to hostilities in Gaza
Busted and Sugababes to headline epic throwback music event in Dubai next month
Get ready for some Noughties nostalgia, Dubai… We’ve not been to the year 3000 just yet but we can confirm that Brit boyband Busted and girlband Sugababes will be headlining Mixtape, an epic throwback music event taking place in Dubai next month.
Dubai: Work by the beach with new pop-up workspace
That is because du, from Emirates Integrated Telecommunications Company (EITC), has launched its first pop-up workspace at Sunrise Beach in Dubai.Called Work Getaway, the remote working space caters …
Drone Well Services expands operations across the UAE, Qatar, and KSA
Drone Well Services (DWS) is thrilled to announce its expansion into the United Arab Emirates, Qatar, and the Kingdom of Saudi Arabia, marking a significant milestone in the advancement of drone …
5 Fintech Lessons From 5 Ecosystems
The fintech industry has grown rapidly in recent years, with new companies and innovations emerging across the globe. Here are five lessons from five ecosystems.
Sharjah Airport Records 4M Passengers In Q3
Sharjah : Sharjah Airport has experienced a remarkable presence in passenger traffic with over 4 million in the third quarter of 2023, recording a rise of over 12 percent compared to the same period …
UAE jobs: 82% of employees plan to look for work within the country
The UAE job market is quite attractive thanks to variety of measures taken by the govt, including specialised residency permits and visas
UAE hiking season gets under way with new rules to improve safety
A clampdown on large unlicensed meet-up groups and Dh50,000 fines for those breaching mountain trail rules is intended to reduce the number of trekking incidents and rescues as the winter walking season gets under way.
DP World in Tanzania: The UAE firm taking over Africa’s ports
DP World – established in 1999 and owned by Emirati ruling families – has increased those inroads with port operations in Angola, Djibouti, Egypt, Morocco, Mozambique, Senegal and Somalia. In 2021, DP World pledged to invest $1bn in Africa over the next several years.