Our pick of this month’s best… May was a good month for news stories. The temperature rose, new megaprojects were unveiled, holiday dates were confirmed and business went on in the capital as usual.
Abu Dhabi’s Lunate, Blue Owl buy minority stake in Chicago’s Linden Capital Partners
Lunate, the Abu Dhabi-based alternative investment manager, and Blue Owl Capital, the NYSE-listed alternative asset management firm, have bought a minority stake in the healthcare private equity firm, …
My Own Home: Interior designer turns Dh3.6 million Dubai home into Scandinavian haven
My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in Norwegian interior designer Hanne Ommundsen and …
(LEAD) S. Korea, UAE’s deals poised to boost ties, ranging from energy to investment
“The Republic of Korea remains one of the world’s most vibrant and dynamic economies, with a wide range of investment opportunities that offer compelling financial returns,” Mubadala CEO Khaldoon …
Emirates Islamic named ‘Best Overall Islamic Bank’ and ‘Most Innovative Islamic Bank’ at Islamic Finance News Awards 2024
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been honoured with two prestigious awards at the Islamic Finance News Awards 2024, acknowledging the bank’s …
Korean President hosts official reception for UAE President
His Excellency Yoon Suk Yeol, President of the Republic of Korea, today welcomed President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, who is on a two-day state visit to the Republic of Korea.
(LEAD) S. Korea, UAE forge comprehensive economic partnership pact
South Korea and the United Arab Emirates (UAE) signed a comprehensive economic partnership agreement freeing up trade between the two countries Wednesday after President Yoon Suk Yeol and UAE …
‘Invest in Sharjah’ strengthens emirate’s status as leading industrial hub
The Sharjah FDI Office (Invest in Sharjah) announced significant progress in solidifying Sharjah’s status as a premier industrial centre within the region.Invest in Sharjah participated in the “Make …
Abu Dhabi real estate sees steady growth, villa prices increased by 6.3%
Abu Dhabi real estate market experienced growth, particularly in the residential segment.. Abu Dhabi real estate sees steady growth, villa prices increased by 6.3%. abu dhabi, abu dhabi real estate, …
Abu Dhabi’s Eshraq Investments bids on private equity to spur growth
Abu Dhabi-based Eshraq Investments on Wednesday outlined a new strategy where the investment company will build direct private equity capabilities and exposure as it looks to transition away from its …
PureHealth boosts UAE industry with $272m of local procurement
The programme is one of the cornerstones of the UAE’s national industrial strategy, which aims to raise the industrial sector’s contribution to the GDP to reach AED300bn ($81.7bn) by 2031. PureHealth unveiled its progress towards its AED13bn ($3.5bn …
Dubai is by far the fastest pace of business and entrepreneurship, says Dave Chaggar
“It is truly remarkable that with dynamic leadership and an empowered base of residents and citizens what can be achieved in such a short period”, according to Dave Chaggar, Sales Director for Capital …
Dubai: Teen added to WhatsApp group with inappropriate content, bullies; mum sounds warning
A Dubai mum is sounding the alarm bell about WhatsApp groups that are adding students randomly. British expat Farrah said she heard an unusual amount of activity on her 14-year-old son’s phone when he …
Dubai meeting with Akufo-Addo: You have 7 days to retract, apologize – Bagbin fires Martin Amidu
His denial comes after an allegation by former Special Prosecutor, Martin Amidu, that Bagbin met the president in Dubai before the 2021 budget was rejected by Parliament with Bagbin presiding. A …
Dubai’s Mashreq hires banks for sale of AT1 notes, document says
Dubai-listed Mashreqbank has hired banks for the sale of dollar-denominated perpetual non-callable for 5.5-year additional tier notes, an arranging bank document showed on Wednesday. The Dubai lender …
Dubai To Host The Fourth Edition Of World Of Coffee In February 2025
(MENAFN- Dubai PR Network) Organized by DXB LIVE with a 33% increase in space compared to 2024 Dubai, UAE – May 28, 2024 – Dubai is set to become the epicentre of the coffee industry and attract the …
Dubai party hotel operator FIVE taps Citi, Deutsche Bank for IPO next year
FIVE owns one of Dubai’s biggest party hotels, where guests can park their supercars inside a nightclub for $2,723 (Dhs10,000).