Parkin, the largest provider of paid parking facilities and services in Dubai, today announced the price range and start of the subscription period for its Initial Public Offering (IPO) on the Dubai …
ADFO Summit Was Held Successfully on 1st of March in Abu Dhabi Setting a New Standard of Networking for Family Offices in the UAE
Abu Dhabi, United Arab Emirates–(Newsfile Corp. – March 5, 2024) – The second edition of ADFO Summit was held in Abu Dhabi on Friday, first of March. Fridays are an unusual day to host a business …
Middle East Green Hydrogen Gains Momentum
As a future fuel for the Middle East and North Africa, the hydrogen economy will not be easy to establish, but progress is being made.
UAE’s e& pledges to invest $6 billion to advance connectivity in 16 countries, including Morcco
United Arab Emirates (UAE) telecom company, committed to investing $6 billion over the next two years to fund technological advancements, infrastructure development, and digital solutions to improve …
ADNOC says AI added $500 million of extra value in 2023
Abu Dhabi National Oil Company (ADNOC) generated $500 million of additional value in 2023 by using artificial intelligence, the company said on Tuesday. “The value was generated from the integration …
UAE: Yahsat unveils $110.5mln profits to owners in 2023, dividends
In the nine-month period that ended on 30 September 2023, Yahsat recorded YoY higher net profits attributable to the owners at $71.75 million, compared to $35.14 million. All Rights Reserved – …
How a fake number landed UAE fund in tax soup
What’s in a number? Well, a fictitious mobile number ‘9999999999’ that was entered by Abu Dhabi Investment Authority to enable it to upload its income tax return on the portal, led to I-T authorities …
Highlights from the Sharjah Triennial: 10 Installations Exploring the Beauty of Impermanence
Courtesy of Sharjah Architecture Triennial Photo by Danko Stjepanovic | 51-1 Arquitectos, Play You Are in Sharjah, 2023. “Play You Are in Sharjah” consists of turning an unapproachable plot into a …
ADIO, Idris Elba join forces to advance Abu Dhabi’s sustainable food and water initiatives
The collaboration aims to leverage Abu Dhabi’s position as a global leader in food production and water treatment, driven by sustainable technology solutions …
Parkin IPO: Dubai company could raise up to $430 million in DFM listing
Parkin, the company set up by Dubai to oversee parking operations, could raise as much as Dh1.57 billion ($428 million) from its initial public offering on the Dubai Financial Market. The price range …
Realising UAE Net Zero 2050 to ‘grow country’s GDP to $1trln’
The company is working with UAE-based organisations in sectors including digital banking, hospitality, real estate, communications, and finance to help them pioneer sustainable action across the …
UAE retirement visa: a complete guide to retiring in Dubai
You do not need to have worked for 15 years entirely in the UAE to be eligible. In fact, you can still qualify for a retirement visa if you’ve never worked in the UAE. If you haven’t worked for a …
Gold joins Bitcoin in price surge – can gold go past all-time high of $2,150 an ounce?
UAE gold rate for 22K at new peak of Dh237.5 a gram as bullion … but this current upsurge to $2,100 and over could take it to new highs. Gold thus joins Bitcoin in this new surge coursing through …
Bitcoin smelling new all-time high price; almost touches its highest-ever price of $69,999 on Tuesday
The current bullish trend in the most dominant cryptocurrency has market experts and leading crypto players predicting its price could potentially reach $120,000-$140,000 in this bull cycle …
Kraken Robotics Updates 2023 Financial Guidance and Provides Strong 2024 Outlook
ST. JOHN’S, Newfoundland and Labrador, Feb. 15, 2024 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) is updating financial guidance for the year …
Dubai Mall becomes most visited place with record 105 million visitors in 2023
Dubai Mall on Tuesday said it received a record 105 million visitors in 2023, a jump of over 19 per cent on the previous year’s 88 million. A statement issued by the Mall said that it became the most …
Dubai Mall becomes most visited place on earth with record 105mln visitors in 2023
United Arab Emirates, Dubai: Dubai Mall welcomed a record 105 million visitors in 2023, a jump of over 19% on the previous year’s 88 million; sales were also exceptionally strong in 2023. New figures …