Abu Dhabi-backed RedBird IMI is proposing to amend the corporate structure through which it plans to take ownership of The Telegraph newspaper by setting up a new UK holding company, Sky News reported …
Abu Dhabi-backed group proposes Telegraph deal changes, prompting fresh UK scrutiny
“I have noted the very late stage in the process at which information about this new corporate structure has been shared and implemented.
Telegraph takeover: Sunak must strengthen investigation to stop Abu Dhabi exerting influence
Rishi Sunak should strengthen the investigation into the takeover of The Telegraph over fears Abu Dhabi is trying to exert “material influence” on the paper, a Tory MP has said. Neil O’Brien, a former …
UAE: Defence contracts worth Dh939 million awarded to local firms at Abu Dhabi Umex
UAE local companies, led by Abu Dhabi’s Edge Group, bagged major contracts worth Dh939 million at the Unmanned Systems Exhibition (Umex) and the Simulation and Training Exhibition (SimTex). Top …
UAE job boom: Workforce soars 10%, IT jobs jump 77%, sales and marketing top sector for women
Understanding the UAE job market to maximise your chances of getting hired Dubai: If you are looking for a job in the UAE, there is good news – the UAE’s private sector workforce grew by over 10 per …
Wife of Brit, 74, facing Dubai jail term after complaining to ‘aggressive’ locals about noise says ‘the music was like being in a nightclub’ and she is worried about her …
The wife of a British grandfather who faces jail in Dubai after making a noise complaint to ‘aggressive’ locals has spoken out to say she fears for his heart condition and that the family ‘are all very distressed’. Ian Mackellar, 74, and his wife …
Dubai bourse leads Gulf markets higher on upbeat earnings
Jan 24 (Reuters) – Most stock markets in the Gulf ended higher on Wednesday, largely on the back of corporate earnings with the Dubai index leading the gains … priced its initial public offering …
Saudi Arabia’s Avalon Pharma prices IPO at top of range
DUBAI, Jan 24 (Reuters) – Saudi-based Middle East Pharmaceutical Industries Company, known as Avalon Pharma, priced its initial public offering (IPO) at the top of its range, selling the shares at 82 …
UAE investors’ passion for crypto, especially Gen Z, and gold sparks diversification call
As they seek investments that will beat inflation, UAE residents are showing as much appetite for speculative bets on cryptocurrencies, particularly amongs..
Sharjah and Indian Chambers discuss collaborative initiatives to enhance bilateral business ties
SHARJAH, 5th October, 2023 (WAM) — The Sharjah Chamber of Commerce and Industry (SCCI) today discussed with the SME Chamber of India potential areas of collaboration, information exchange, and ways …
India to press for two-tier dispute resolution system at WTO’s meet next month in Abu Dhabi
Read more about India to press for two-tier dispute resolution system at WTO’s meet next month in Abu Dhabi on Devdiscourse …
Man and girlfriend jailed get 10-year jail for owning and abusing drugs in Dubai
Dubai Appellate Court upheld the ruling of the Court of First Instance jailing an Asian and his girlfriend for 10 years and fined each of them Dhs100,000 on charges of possessing and abusing narcotic substances in a room rented by a friend in a hotel …
Dubai’s Blueprint for Becoming a Global Financial powerhouse
The Dubai government has enacted numerous policy initiatives aimed at nurturing innovation within the fintech sector., Leaders of Tomorrow News, Times Now
Nokia, Etisalat conduct ‘first trial’ of cloud RAN in the Middle East
Finnish telecommunications vendor Nokia and UAE state-owned etisalat by e& (Etisalat) jointly announced in what they call the completion “the first trial” of cloud RAN in the MEA region with in-line …
Orthogonal Global Group Embarks on Global Expansion with Dubai as Key Strategic Hub in Q1 2024
deep tech and fintech spaces is pleased to announce its expansion into Dubai to identify investment opportunities and to provide accelerator and advisory services to companies and entrepreneurs in the …
Dubai business events: Sector thrives with 349 bid wins and 49% growth
Driven by Dubai Business Events (DBE), the city’s official convention bureau, the wins reflected a robust 49 per cent increase in successful bids compared to 2022. These events captured in 2023 are …
Dubai Chamber of Commerce survey identifies key drivers in the adoption of ESG practices among Dubai Business community
The most prominent value-related motivation among private companies was a commitment to ethical business practices. The survey invited Dubai-based companies to measure their adoption of ESG practices …