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Month: June 2024

Posted on 06/06/2024

Unlocking the UAE’s workforce potential: Embracing employee recognition for business success

Employee recognition is a powerful force shaping employee behaviour and strategic business alignment. However, the question that often arises is how employee behavior impacts productivity? A study …

Posted on 06/06/2024

Dubai real estate market hits over 17,000 transactions in May 2024, reveals new Property Finder report

Top areas searched for renting apartments included Dubai Marina, Jumeirah Village Circle, Downtown Dubai, Business Bay, and Jumeirah Lake Towers. Jumeirah, Dubai Hills Estate, Damac Hills 2, Umm …

Posted on 06/06/2024

UAE’s Alef Education completes IPO bookbuild, raises $514mn

This gives Alef Education a market capitalisation of AED9.45 billion ($2.57 billion approximately) and offer proceeds of AED1.89 billion ($514 million approximately) …

Posted on 06/06/2024

UAE: ‘Alef Education’ completes IPO bookbuild, raising AED1.89 billion

Alef Education Holding on Thursday announced the successful completion of the book-build and subscription process for its Initial Public Offering (IPO) on the Main Market of the Abu Dhabi Securities …

Posted on 06/06/2024

Zand Bank and MANTRA sign landmark MoU

The collaboration between these two entities will also focus on developing frameworks to support tokenisation and distribution of RWA, in compliance with the VARA …

Posted on 06/06/2024

Bank of America Energy Banker Relocating to Dubai as Deals Surge

A senior Bank of America Corp. dealmaker is relocating from London to Dubai, according to people familiar with the matter, as transactions in the Middle Eastern energy industry boom.

Posted on 06/06/2024

UAE: New moon-shaped project to rise ‘above the clouds’ in Sharjah

A new crescent-shaped project is being built atop a hill in Sharjah’s Kalba — and it will offer panoramic views of the mountains, valleys, and the coast. Taking shape about 850 metres above the sea …

Posted on 06/06/2024

Sharjah Ruler Issues Amiri Decree Promoting Deputy Police Chief

His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, issued an Amiri Decree regarding the promotion and appointment of the Deputy Commander of …

Posted on 06/06/2024

Sharjah Ruler appoints Saif Al Zari Al Shamsi as Sharjah Police chief

SHARJAH, 6th June, 2024 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree appointing the Commander-in-Chief of Sharjah …

Posted on 06/06/2024

NMDC Group and Environment Agency – Abu Dhabi launch pioneering beach cleaning technology on World Environment Day

In its initial phase, NMDC Group will launch two advanced beach cleaning machines along Abu Dhabi’s coast to tackle plastic pollution and safeguard its marine ecosystems …

Posted on 06/06/2024

ADAFSA issues decision on regulating food, fodder sampling for control, inspection in Abu Dhabi

The Board of Directors of the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has issued a decision on food and fodder sampling for control and inspection in the Emirate of Abu Dhabi. The …

Posted on 06/06/2024

Abu Dhabi: Department of Health, Illumina collaborate to extend research in genomics, precision medicine

The Department of Health – Abu Dhabi (DoH) has signed a Memorandum of Understanding (MoU) with Illumina, a global leader in DNA sequencing and array-based technologies to advance precision medicine …

Posted on 06/06/2024

ADNOC sought billion-dollar deals during UAE’s COP28 presidency, investigation reveals

A new investigation by Global Witness appears to show that the Abu Dhabi National Oil Company (ADNOC) used its CEO Sultan Ahmed Al-Jaber’s COP28 presidency to pursue oil and gas deals.   The report, …

Posted on 06/06/2024

CABSAT and Integrate Middle East 2024 wrap up

Dubai, UAE: CABSAT 2024, the flagship media technology and satellite communications event in the MENA region, successfully wrapped up its 30th edition organised by the Dubai World Trade Centre (DWTC), …

Posted on 06/06/2024

AMEA Power reached financial close on the 120MW Doornhoek Solar Photovoltaic Project in South Africa

The project was first awarded to a consortium consisting of AMEA Power and local partners through Bid Window 6 …

Posted on 06/06/2024

Gold prices in Dubai Today Thursday, June 6, 2024

Gold prices in Dubai, the United Arab Emirates (UAE) today, Thursday, June 6, opened at a selling price of AED 8,690.93 per ounce, according to UAEgoldprices.com.24-karat gold rates in UAE TodayThe …

Posted on 06/06/2024

Elevate to increase MENA presence after securing $5 million pre-Series A

Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the …

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