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Month: October 2025

Posted on 01/10/2025

UAE-Italy trade hits $6.5bn in H1 2025 as exports surge 19%

Italy’s exports to the UAE rose 19 per cent to $4.9bn in H1 2025, with full-year trade expected to surpass $9.8bn, driven by industrial technology …

Posted on 01/10/2025

Nigerian, UAE Firms List Benefits Of Investing In Dubai Properties

Mrs Lbhakhomu, an African consultant on Global Real Estate, spoke on Sunday in Lagos at the inaugural cocktail reception organised by Lifecard in partnership …

Posted on 01/10/2025

Dubai real estate hits $36.2bn in Q3 2025 as property deals surge 60.8%

Dubai’s property market hit $36.2bn in Q3 2025, with deals soaring 60.8 per cent year-on-year, driven by population growth and global wealth inflows …

Posted on 01/10/2025

Alec Holdings prices IPO at top end of price range, raising Dh1.4 billion

Alec Holdings announced on Wednesday the final offer price of its initial public offering, pricing it at the top end of Dh1.4 per share, raising Dh1.4 billion. The engineering and construction group …

Posted on 01/10/2025

Alec Holdings prices IPO at top end of price range, raising Dh1.4 billion

Alec Holdings announced on Wednesday the final offer price of its initial public offering, pricing it at the top end of Dh1.4 per share, raising Dh1.4 billion. The engineering and construction group …

Posted on 01/10/2025

Dubai’s ALEC Holdings sets final IPO price; to raise $381mln

ALEC Holdings, a Dubai-based engineering and construction group, has set the final offer price for its initial public offering (IPO) at 1.40 dirhams ($0.38) per share, the top end of the announced …

Posted on 01/10/2025

Alec Holdings PJSC prices its IPO at the top end of the price range

The final offer price for the initial public offering (“IPO”) of 1,000,000,000 (one billion) ordinary shares of ALEC Holdings PJSC has been set at AED 1.40 per share, which is the top end of the …

Posted on 01/10/2025

KKR Makes Deeper Inroads Into Abu Dhabi With Gas Pipelines Deal

Buyout giant KKR & Co. has bought a minority stake in Abu Dhabi National Oil Co.’s gas pipeline network, marking its second deal of the year in a region that’s increasingly becoming a magnet for …

Posted on 01/10/2025

Dubai is moving towards Danish-style living — can it work?

Dubai has never been known for its pavement culture. In the emirate that over two centuries grew from a pearl fishing village to a trading port to a fully-fledged metropolis with a population of about …

Posted on 01/10/2025

e& activates RedCap on 5g Standalone network, starting with smartwatch in UAE

UAE has activated Reduced Capability (RedCap) technology on its 5G Standalone (5GSA) network, marking a first for the country with a smartwatch as the initial live use case. The launch not …

Posted on 01/10/2025

Dubai Finance launches major campaign to implement Cashless Strategy

The strategy aims to increase the proportion of financial transactions conducted digitally across government and private sectors to 90% …

Posted on 01/10/2025

Knicks Hint at Abu Dhabi Rotation Plan

Fans could get some rotational clarity when the New York Knicks unofficially tip off their season in Abu Dhabi.

Posted on 01/10/2025

Thirdy a DNP as Dubai off to a flyer in historic Euroleague debut

DUBAI Basketball got off to a flying start in its Euroleague debut, taking down Partizan, 89-76, early Wednesday (Manila time) at Coca-Cola Arena. It’s a triumphant start for the United Arab …

Posted on 01/10/2025

LuLu Group’s New Solar Project Equivalent to Planting 400,000 Trees

LuLu Group, the region’s leading retailer, has taken a powerful step forward in its ESG journey with the launch of a landmark solar energy initiative ac …

Posted on 01/10/2025

PRESS RELEASE: Global Finance Names The Safest Banks In The Middle East 2025

Global Finance has announced the Safest Banks in the Middle East as part of its 34th annual ranking of the World’s Safest Banks. The full list is included here and will be published in the November …

Posted on 01/10/2025

Mega Mansion in Dubai with Minotti, Hermès, and Loro Piana Furniture Sold for $72.2 Million

Dubai never ceases to amaze when it comes to luxury and exclusivity. According to *Robb Report*, the latest gem on the real estate market is Villa Capri, a 3,560-square-meter mega mansion located in …

Posted on 01/10/2025

NVIDIA Corporation (NVDA), Abu Dhabi’s Technology Innovation Institute Launch Joint AI and Robotics Lab in UAE

NVIDIA Corporation (NASDAQ:NVDA) is among the 10 Best Money Making Stocks to Invest In. The company has recently launched a joint research lab in the UAE, in partnership with Abu Dhabi’s Technology …

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