The initial public offering of JSW Infra, the first IPO from the JSW Group in over a decade, will open on September 25. The company plans on raising Rs 2,800 crore through a complete fresh issue of …
JSW Infra IPO to open on Sept 25; check price band, important dates and more
JSW Infrastructure, incorporated in 2006, provides maritime-related services including, cargo handling, storage solutions and logistics services.
Oman’s OQ Gas Networks sets price range in latest Gulf IPO
DUBAI, Sept 18 (Reuters) – Oman’s OQ Gas Networks (OQGN), the pipeline business of state oil giant OQ, said on Monday it had set the offer range for its initial public offering (IPO) and could raise …
The best Sharia-compliant investment products for UAE residents in 2023
Holding the fourth position in the Islamic Finance market with investment assets slated at $222bln, the UAE is seeing much projected growth within the region …
UAE’s $1.5 billion sovereign bond is five times oversubscribed
The UAE’s first US dollar-denominated sovereign bond offering in more than a year was oversubscribed by five times, the Ministry of Finance has said. The $1.5 billion bond, the first issuance by the …
Bounedjah Misses Penalty As Al Sadd Held To Goalless Draw By Sharjah
Doha, Qatar: Striker Baghdad Bounedjah missed a second half penalty as Al Sadd were held to a goalless draw at home by Sharjah in their opening match of AFC Champions League yesterday.
Sharjah Ruler approves AED18mn as budget for SNQSE
H.H. Sheikh Dr. Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved AED 18 million as a budget for the Sharjah Noble Quran and Sunnah Establishment (SNQSE) to support …
Abu Dhabi-backed Nio to issue US$1 billion in convertible senior notes to pare debt, boost cash reserves
Nio plans to raise US$1 billion via convertible senior notes, as it seeks to reduce debt and strengthen its balance sheet amid escalating competition and rising losses.
The Abu Dhabi Judicial Department warns against offers of recruiting domestic workers
The Abu Dhabi Judicial Department warned against following the offers of fake recruitment offices for domestic workers through social media.The department explained that these ads take the form of fak …
Look: 11-year-old boy gets groundbreaking cancer treatment at Abu Dhabi Stem Cells Centre
I n a new innovative and groundbreaking medical achievement, Abu Dhabi Stem Cells Centre (ADSCC) has manufactured the UAE’s first chimeric antigen receptor (CAR)-T cell therapy, which has been used to …
UAE’s LuLu opens food processing, export hub in Italy
State-of-the-art facility will focus on sourcing, processing, storing, packaging, exporting top-quality food products to more than 255 LuLu Hypermarkets …
UAE-Egyptian Talks Reiterate Significance of Joint Arab Action
UAE President Sheikh Mohamed bin Zayed Al Nahyan and Egypt’s President Abdel Fattah El-Sisi reiterated Monday their keenness to continue engaging in consultation and strengthen joint Arab action to …
Dubai Opera House Raises Artistic Aspirations, But Will Audiences Notice?
For later in the season, Petrocelli has attracted heavy hitters to Dubai for the first time, like the orchestra from Milan’s La Scala and the Rome Opera Ballet. Macbeth will be staged for three days …
A hotel in Dubai has just launched a ChatGPT concierge service
That’s because Address Hotels and Resorts in Dubai has introduced Nuha, a virtual hospitality concierge powered by ChatGPT.
Dubai reveals new passport stamp as UAE astronaut Sultan Al Neyadi comes home
The General Directorate of Residency and Foreign Affairs-Dubai (GDRFA), revealed this special passport stamp on X, formerly known as Twitter, on Monday …
How to do Dubai like a local
Flying into Dubai for the launch of the new W Hotel, I was convinced I knew what to expect: high rises and hotel bars. Jet skis and warm seas. A glitzy crowd motivated by suntans and social media.
Saudi Aramco awards prized offshore project to Middle East contracting giant
Abu Dhabi’s National Petroleum Construction Company (NPCC) has landed a sizeable offshore subsea pipeline deal from Saudi Aramco for the further development of the giant Zuluf oilfield.