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Month: April 2024

Posted on 03/04/2024

Watch: 2 UAE astronauts, including first Emirati woman, become NASA graduates eligible to fly to ISS, Moon, Mars

First Arabs graduating from NASA class receive silver pins in historic milestone Dubai: The second batch of UAE astronauts, including the first Emirati woman astronaut, on Tuesday became NASA …

Posted on 03/04/2024

Elie Khouri promotes regional growth through his engagement on Shark Tank Dubai

Entrepreneur and marketing expert’s vision lied in identifying innovative market solutions which would be relevant in timing and bring value to the regional economy …

Posted on 03/04/2024

China Accused of Buying Off Strategic Island Nation With Bottled Water

The Maldivian foreign ministry has denied allegations that China’s donation of a million bottles of water was for the personal use of President Mohamed Muizzu.

Posted on 03/04/2024

UAE AML/CFT Partnership Forum Digital Work Group publishes white paper on technologies in anti-financial crime

The ACPF is the UAE public-private partnership initiative for financial crime. It was founded in 2021 to detect and disrupt criminal activities and reduce any harm to the integrity of the UAE’s …

Posted on 03/04/2024

Dubai South and Aldar break ground on first logistics facility

To be built as part of an agreement signed recently to develop Grade A logistics facilities at Dubai South’s Logistics District …

Posted on 03/04/2024

Aramco extends deadline for offshore LTA proposals

The Saudi energy giant is seeking to extend agreements with offshore service providers that are currently part of its Long-Term Agreement (LTA) pool …

Posted on 03/04/2024

Aramco issues tender for Karan offshore field works

The tender sits as number 144 on Aramco’s Contracts Release and Purchase Order (CRPO) system …

Posted on 03/04/2024

Meet Gautam Adani’s lesser-known brother, one of the richest in the world, left India, his net worth is…

He first moved to Singapore for trading and then settled in Dubai in 1994, however, he is a citizen of Cyprus in 2016.

Posted on 03/04/2024

Investment firm Lunate takes 40% in ADNOC Oil Pipelines, buys stake from Blackrock, KKR

KKR Dubai: A global investment firm Lunate has taken a 40 per cent stake in ADNOC Oil Pipelines llc through one of its fiunds. The stake was bought from institutional investors BlackRock and KKR.

Posted on 03/04/2024

Sharjah Animation Conference challenges creatives to show their skills and submit entries for the SAC Awards 2024

Organised by the Sharjah Book Authority (SBA), the 2nd edition of the Sharjah Animation Conference promises a stimulating experience for all participants. From 1-5 May, 2024, the Expo Centre Sharjah …

Posted on 03/04/2024

BlackRock, KKR sell ADNOC oil pipeline stake to Abu Dhabi’s Lunate

Abu Dhabi alternative investor Lunate on Wednesday said it acquired a 40 per cent stake in Abu Dhabi National Oil Company’s oil pipeline infrastructure assets from BlackRock and KKR.

Posted on 03/04/2024

Over 3.5 lakh devotees visited first stone Hindu temple in Abu Dhabi within 1st month

Over 3.5 lakh devotees visited the first stone Hindu temple in Abu Dhabi within a month of its opening for the public, according to temple authorities.The iconic temple which was inaugurated in …

Posted on 03/04/2024

Abu Dhabi’s Lunate acquires 40% stake in Adnoc’s pipeline assets

ABU Dhabi alternative investor Lunate on Wednesday (Apr 3) said it acquired a 40 per cent stake in Abu Dhabi National …

Posted on 03/04/2024

Abu Dhabi’s FAB partners with Microsoft to accelerate AI adoption in financial services

Hana Al Rostamani (R) of FAB and Naim Yazbeck (L) of Microsoft Gulf signed a strategic business partnership First Abu Dhabi Bank (FAB) and Microsoft signed a strategic business partnership to …

Posted on 03/04/2024

Careem introduces Careem Food and Careem Pay in Abu Dhabi, UAE

UAE-based multi-service app Careem has launched Careem Food and Careem Pay in Abu Dhabi as part of its expansion strategy.

Posted on 03/04/2024

Standard Chartered picks new regional heads amid investment banking reshuffle, source says

DUBAI (Reuters) -Standard Chartered has picked new regional heads, according to a person with knowledge of the matter, as the Asia-focused bank undergoes a major management reshuffle in its corporate …

Posted on 03/04/2024

UAE’s Zand Bank Subscribes To Infosys Finacle Corporate Banking Suite Hosted on Microsoft Cloud

Zand Bank, the UAE’s first digital-only bank, has chosen to subscribe to the Infosys Finacle Corporate Banking Suite hosted on Microsoft Cloud. This i …

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