Chirp’s integration with peaq aims to simplify data exchange and provide connectivity, enhancing DePINs through telecommunications solutions.
Dubai launches global blueprint for AI development
The hub will attract innovators, startups and AI leaders from around the world and support of development of their ideas into successful enterprises or real-world applications …
Dubai seizes fake items worth Dh5.43 million in just 3 months
Millions of counterfeit items worth more than Dh5.43 million were seized in Dubai in the first quarter of the year, customs authorities said on Tuesday.
Nomadic unveils next-gen business travel solutions at Arabian Travel Market 2024
Dubai, UAE – Celebrating a year of transformative presence in the Middle East, Nomadic, the award-winning business traveller offering by Fragomen, is thrilled to announce its debut at the Arabian …
Multiple firms move global head offices to Dubai in 18 months
Numerous companies and family businesses have moved their global offices to Dubai over the past one-and-half years as the emirate has been a major beneficiary of new trends in the post-Covid period, a …
Sharjah announces distance learning and remote working
The local Emergency, Crisis and Disaster Management Team in Sharjah decided to activate the distance learning system across all schools and higher educa …
UAE: Sharjah announces distance learning, remote work
The local Emergency, Crisis and Disaster Management Team in Sharjah decided to activate the distance learning system across all schools and higher education institutions in the emirate due to the …
Sharjah announces remote work for government employees due to inclement weather conditions
The National Emergency Crisis and Disaster Management Authority on Monday announced its preparedness for the unstable weather conditions …
Abu Dhabi Emergency, Crises and Disaster Management Team holds meeting to assess readiness of local entities to respond to adverse weather conditions
The Abu Dhabi Emergency, Crisis and Disaster Management Team has held a meeting chaired by Staff Major General Pilot Faris Khalaf Al Mazrouei, Commander-in-Chief of Abu Dhabi Police and Chairman of …
Supermarket chain Spinneys’ $375m IPO draws orders worth $19bn
Spinneys 1961 priced its IPO at the top of the previously announced range, selling its shares at Dhs1.53 per share to raise $375m (Dhs1.38bn).
Spinneys’ $375 Million Dubai IPO Draws Orders Worth $19 Billion
High-end supermarket chain Spinneys received about 71 billion dirhams ($19.3 billion) in orders for its $375 million Dubai initial public offering, underscoring strong appetite for a rare private …
Dubai Spinneys sets IPO offer price at top of range as it sees record levels of demand
Dubai supermarket chain operator Spinneys, said the final offer price for its IPO at 1.53 dirhams ($0.42) per share, at the top end of the previously announced offer price range, potentially raising …
Spinneys 1961 Holding plc successfully completes IPO bookbuild
The completion of the Offering and Admission is currently expected to take place on Thursday 9 May 2024, under the ticker symbol “SPINNEYS” and ISIN “AEE01377S248”, subject to market conditions and …
UAE’s largest bank hits Dh4.2 billion net profit in Q1; revenue reaches Dh8 billion
First Abu Dhabi Bank (FAB), the UAE’s largest bank, reported a net profit of Dh4.2 billion for the first quarter of 2024, up 6 per cent …
J.P. Morgan Private Bank releases inaugural report on global family offices
Survey data reveals top objectives, investment preferences and management trends for ultra-high-net-worth families …
Binance crypto founder Zhao sentenced to four months in prison
Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating U.S. laws against money laundering at the world’s largest …
Book the summer staycation of dreams at Anantara World Islands Dubai
Sponsored: Feel like you’re miles away from Dubai with an idyllic summer staycation at Anantara World Islands… Fancy an island getaway? Discover the epitome of luxury just offshore in the UAE this …