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Category: BUSINESS

Posted on 07/02/2022

Abu Dhabi Ports Group announces listing of shares on home stock exchange

Khalifa Port in Abu Dhabi. Abu Dhabi Ports Group on Monday announced the listing of its shares on the main market of the Abu Dhabi Securities Exchange (ADX). Trading is set to begin on Tuesday but …
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Posted on 07/02/2022

ADQ-backed Abu Dhabi’s AD Ports raises US$1 billion before market debut

DUBAI : Abu Dhabi’s AD Ports Group, owned by sovereign wealth fund ADQ, said it raised 4 billion dirhams (US$1.1 billion) in proceeds from its primary issuance and would list its shares on the bourse …
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Posted on 07/02/2022

Reece James Not Included in Chelsea’s Club World Cup Squad Despite Travelling to Abu Dhabi

Reece James has not been included in Chelsea’s 23-man squad for the Club World Cup despite travelling to Abu Dhabi with his team. The defender is recovering from injury and was unlikely to be in the …
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Posted on 07/02/2022

Abu Dhabi ports collect USD1b via stocks sale

(MENAFN) Abu Dhabi Ports Group, the premier facilitator of industrial metropolises and free zones in the country, collected Dh4 billion (USD1bn) from its stock sale to aid the firm enlarge its …
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Posted on 07/02/2022

Abu Dhabi’s AD Ports Raises $1B Before Market Debut

Abu Dhabi’s AD Ports Group, owned by sovereign wealth fund ADQ, said it raised 4 billion dirhams ($1.1 billion) in proceeds from its primary issuance and would list its shares on the bourse on Tuesday …
( read original story …)


Posted on 07/02/2022

Abu Dhabi Islamic Bank posts 45% rise in net profit for 2021

Abu Dhabi Islamic Bank has reported Dhs2.33bn in net profit for 2021, recording a 45 per cent year-on-year increase from Dhs1.60bn recorded in 2020. Revenue for 2021 improved 4 per cent to Dhs5 …
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Posted on 07/02/2022

AD Ports Group lists shares on Abu Dhabi Securities Exchange

AD Ports Group, an integrated ports, logistics and industrial zone operator, has listed its shares on the Abu Dhabi Securities Exchange (ADX) main market. Trading of the shares is set to commence …
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Posted on 07/02/2022

Video: Four airlifted to hospitals after accidents in Sharjah, Ras Al Khaimah

NSRC had received a call from the operation room of Sharjah Police reporting a person in a critical condition due to wounds he sustained in an accident in the desert of Al Madam a …
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Posted on 07/02/2022

UAE – SCCI to Honor Winners of Sharjah Excellence Award 2020-2021

Sharjah, 07 February 2022: The Sharjah Chamber of Commerce and Industry (SCCI) will organize a ceremony at its premises during the month of February to honor the winners of the Sharjah Excellence …
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Posted on 07/02/2022

Sharjah’s Lucas and Al Jazira’s Diaby in shortlist for monthly UAE Pro League awards

The shortlist for the Best Player award includes Sharjah duo Caio Lucas and Luan Pereira, who delivered outstanding performance and helped their team get back on the right path. They are joined by …
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Posted on 07/02/2022

UAE Business Tax Will Help Support Smaller Emirates, S&P Says

A new tax on corporate profits will help the United Arab Emirates diversify away from oil and support the smaller sheikhdoms that make up the Gulf nation, S&P Global Ratings said. If the federal …
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Posted on 07/02/2022

Dubai’s DP World sees 2021 business boost but Omicron weighs on performance

Dubai-based DP World Limited on Monday announced it handled 77.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 2021. Gross container volumes …
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Posted on 07/02/2022

Uber’s Mideast business Careem looking to fill over 200 jobs, LinkedIn post says

DUBAI (Reuters) -Uber’s Middle East business Careem said on Monday it was looking to fill more than 200 roles in the company, according to a LinkedIn post by the company. Careem said it was looking to …
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Posted on 07/02/2022

How Dubai Taxi is using new technologies to help drivers earn more

Dubai Taxi Corporation is using new-age technologies such as Artificial Intelligence and Big Data to reduce customer complaints as well as guide drivers where to look for a business to help …
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Posted on 07/02/2022

Aldar enters Abu Dhabi holiday homes market with Cloud Living launch

Aldar has announced the launch of Cloud Living, a holiday homes division. It follows the implementation of the Department of Culture and Tourism – Abu Dhabi’s new holiday home regulations and …
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Posted on 07/02/2022

Dubai Customs Celebrates 2nd Place on Customer Happiness Index 2021

Dubai – 06 February 2022: Business and trade groups in Dubai highly applauded the vital role Dubai Customs plays in stimulating business and supporting trade through its innovative and smart …
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Posted on 07/02/2022

14 amazing things to do this week in Dubai

Katsuya is back in Dubai. The premium Japanese dining destination has made a grand return with a new restaurant at Hyde Hotel in Business Bay. With authentic dishes paying homage to Japanese age-old …
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