International Holding Company, which is chaired by Tahnoon bin Zayed Al Nahyan, brother of UAE president and Abu Dhabi ruler Mohamed bin Zayed Al Nahyan, acquired a 10% stake in Phoenix Group in early …
Jeff Zucker and Abu Dhabi Make an Audacious Play for Conservative News in US, UK
An Abu Dhabi fund controlled by a crown prince has paid $1.4 billion to acquire two venerable British publications while their CEO — former CNN boss Jeff Zucker — is facing an uphill battle as the U …
Egyptian billionaire Nassef Sawiris to move family office to Abu Dhabi – report
Egyptian billionaire Nassef Sawiris is moving his family office to Abu Dhabi’s financial center, Bloomberg reported on Tuesday. He joins a wave of prominent investors who have set up operations the …
UAE ‘repressive environment’ complicating COP28 activism: Amnesty
Restrictions on speech and protest in the United Arab Emirates are complicating UN approval of an Amnesty event at COP28 demanding the release of Emirati political prisoners, the group’s secretary-general said Tuesday.
Phoenix Group PLC Celebrates Historic IPO on Abu Dhabi Securities Exchange
Phoenix Group PLC’s public debut on ADX represents a significant leap in innovation and growth for the tech and blockchain sector. The IPO marks a major achievement in the history of the Middle East’s …
Crypto firm Phoenix rising after Abu Dhabi $370m IPO
Phoenix Group’s initial public offering (IPO), demonstrates strong market confidence with a remarkable 33 times oversubscription, amassing $370m. The offering attracted significant attention from …
WIN BIG THIS DUBAI SHOPPING FESTIVAL WITH OUT OF THIS WORLD RAFFLES AND PRIZES
The 29th edition of the Dubai Shopping Festival (DSF), the world’s favourite retail festival, is just around the corner and as always, DSF delivers a …
Abu Dhabi Airports crowned “World’s leading airport operator of 2023”
Abu Dhabi, UAE : Abu Dhabi Airports announced it has won the coveted award for “World’s Leading Airport Operator 2023”, at this year’s World Travel Awards ceremony. Held at a glittering gala event at …
Cincinnati Mayor Aftab Pureval went to Dubai for COP28 climate summit
Cincinnati Mayor Aftab Pureval has always said making the city greener is important to him. He went to COP28 in Dubai with Bloomberg Philanthropies.
Déploiement de la 5G : où en sont les opérateurs au mois de décembre 2023
Au mois de novembre, c’est l’opérateur Bouygues Telecom qui s’est montré le plus actif sur le front du déploiement de la 5G. Avec 310 antennes activées en 5G, il fait mieux que SFR (251 antennes), …
UAE: New railway services announced in Abu Dhabi
An agreement to this effect was signed between Etihad Rail, developer and operator of the UAE National Rail Network, and Abu Dhabi National Oil Company (Adnoc). Located about 250km west of Abu …
COP28: UAE’s biggest bank FAB to provide half a trillion dirhams in green finance in 7 years
First Abu Dhabi Bank (FAB), the UAE’s largest bank, on Tuesday said it would lend, invest and facilitate over Dh500 billion ($135 billion) by 2030 in sustainable and transition financing to combat …
Iberdrola and Masdar to invest $16 billion in green energy
Spanish renewable energy giant Iberdrola and UAE clean energy developer Masdar have formed a 15 billion euro ($16.2 billion) alliance to invest in offshore wind and green hydrogen in countries …
COP28: Iberdrola and Masdar join forces on 1.4 GW East Anglia Offshore Wind Project
After the parties’ successful co-investment in Baltic Eagle, in Germany, the new milestone of this alliance will be to achieve a further co-investment in relation to the 1,400-megawatt (MW) UK East …
State Customs Committee foils attempt to smuggle gold bars into Azerbaijan [PHOTOS]
Three Azerbaijani citizens arriving on the Abu Dhabi-Baku flight were subjected to personal inspection, Officers of the Main Customs Department of Air Transport of the State Customs Committee foiled …
Dubai Customs arrests smuggler with 8.9kg of marijuana
However, Dubai Customs officers, equipped with extensive experience and advanced skills from regular training, uncovered the deception. The confiscated narcotics, along with the passenger were handed …
Traffic update: key road closure in Abu Dhabi
Take note, motorists… Abu Dhabi’s Integrated Transport Centre (ITC) has just announced that one of the emirate’s major roads is in for a closure that could span as long as two weeks. Motorists …