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Month: September 2024

Posted on 02/09/2024

UAE’s ADCB plans to sell $500 million in tier 2 capital securities

UAE’s third largest lender Abu Dhabi Commercial Bank has hired banks to arrange investor meetings for the sale of …

Posted on 02/09/2024

A1RWATER launches Dubai facility to generate 100,000+ litres of water daily from air

A1RWATER, which specialises in atmospheric water generation, is launching a state-of-the-art facility in Dubai Industrial City (DIC) poised to produce over 100,000 litres of pure water daily, directly …

Posted on 02/09/2024

OSE Industries completes rooftop solar power generation project

With a rated capacity of 633 kilowatts peak, the system is expected to generate 1.1GWh of clean electricity annually …

Posted on 02/09/2024

Omnix to showcase its innovative and advanced solutions at Dubai AI and Web 3 festival

Dubai, UAE: Omnix International, a leader in digital transformation and innovative technology solutions, is proud to announce its participation in the upcoming Dubai AI and Web 3 Festival from …

Posted on 02/09/2024

Holon leads the UAE’s charge in decentralised data storage in AI and Web 3.0 using sustainable energy

Holon has positioned itself at the heart of a rapidly growing ecosystem in Dubai that supports the sustainable development of AI and Web 3.0 technologies. Based in Australia, Holon has been building …

Posted on 02/09/2024

Dubai opens new bridges to boost traffic flow

New bridges at Zaa’beel and Al Quoz 1 are part of the Al Khail Road Development Project, enhancing travel efficiency towards Jebel Ali. Dubai opens new bridges to boost traffic flow. Al Khail Road, Al …

Posted on 02/09/2024

Emirates review: What it’s like to fly 17 hours in Economy Class from Auckland to Dubai

I’m always surprised at how smooth it is to transit through Dubai – queues move quickly and there’s a sense of peace amid the hustle and bustle. As a Silver Skywards member, I had complimentary access …

Posted on 02/09/2024

Rakbank, Bank of Sharjah enter the pipeline: IFR

Founded in 1976, Rakbank is 53% owned by the government of Ras Al Khaimah, one of the UAE’s seven emirates. For an infrequent issuer, the Tier 2 marks a quick, if not entirely unexpected, return to …

Posted on 02/09/2024

Nahyan bin Zayed visits 21st Abu Dhabi international hunting, equestrian exhibition

Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Abu Dhabi Sports Council, has visited the Abu Dhabi Sports Council Pavilion at the 2024 Abu Dhabi Internation …

Posted on 02/09/2024

Turkcell (TKC): The Best Middle East and Africa Stocks to Buy According to Analysts?

We recently compiled a list of the 10 Best Middle East and Africa Stocks To Buy According to Analysts. In this article, we are going to take a look at where Turkcell (NYSE:TKC) stands against the …

Posted on 02/09/2024

Abu Dhabi exchange’s ETF trading for Jan-Aug hits $507mln

The Abu Dhabi Securities Exchange (ADX) has recorded significant value and volume of trading in exchange-traded funds (ETFs) since the beginning of this year, thus making it the most active and liquid …

Posted on 02/09/2024

RTA opens two new Dubai bridges – and they’re going to seriously cut your travel time

Opening at Zaa’beel and Al Quoz 1 on Al Khail Road in the direction of Jebel Ali, the completed RTA bridges have been created to cut congestion.

Posted on 02/09/2024

Revolutionizing business operations with AI in the GCC

Dubai, UAE: George Abou Kassm, a seasoned software engineer and the visionary founder of Autobot – announced today the launch of this revolutionary AI service in the Gulf Cooperation Council (GCC).

Posted on 02/09/2024

Dubai’s RTA opens two main bridges as part of Al Khail Road development project

DUBAI – Dubai’s Roads and Transport Authority (RTA) has opened two major bridges at Zaa’beel and Al Quoz 1 on Al Khail Road in the direction of Jebel Ali.

Posted on 02/09/2024

Prices of new cars in UAE start to feel full impact of Chinese competition: Michel Ayat

New car buyers to benefit as UAE market sees price stability and even bigger incentives Dubai: The market share gains Chinese auto brands are having in the UAE will significantly impact how prices are …

Posted on 02/09/2024

Paternity leave in UAE: Requirements, duration, all you need to know

In the UAE, paternity leave was introduced in August 2020 through the provisions outlined in Article 32 (‘Other Leaves’) of the New Employment Law. Approved in August 2020, the new provision in the …

Posted on 02/09/2024

Delivery Hero plans IPO of Middle East unit, shares rise

Listing in Dubai planned for Q4 Sales in the Middle East up 31% in Q2 Could use cash from IPO to reduce debt, analysts say GDANSK, Aug 29 (Reuters) – Delivery Hero (DHER.DE), opens new tab is …

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