Dubai voice-chat app Yalla (YALA) updates the terms of its NYSE IPO to specify 18.6M ADSs at $7-9 per ADS.Underwriters have a 30-day option to purchase an additional 2.79M ADSs at the offering …
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Voice-centric social platform Yalla Group sets terms for $149 million US IPO
Yalla Group, which provides a voice-centric social networking and entertainment platform in the Middle East and North Africa region (MENA), announced terms for its IPO on Wednesday. The Dubai, United …
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Abu Dhabi to build world’s biggest indoor farm
Abu Dhabi is to build the world’s largest indoor farm as part of a major drive to bolster the UAE’s food security. The GreenFactory Emirates aims to produce 10,000 tonnes of fresh produce every year …
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Dubai Land Department partners with Cityscape to stimulate real estate revival
Cityscape’s Real Estate Summit 2020, a non-profit conference and meeting place, will run November from 16 – 17 at Dubai World Trade Centre to help reinvigorate the real estate sector and address the …
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Premium free zones and the UAE’s best business consultants: Paving your road to success
Top honchos of UAE’s premium free zones and business set-up consultancies talk shop Director What is HFZA doing to attract business from global players, especially in a post-COVID world? We are …
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Dubai boasts strong entrepreneurial ecosystem for women
For women entrepreneurs to succeed, they need the support of incubators, mentors, and role models, experts said …
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Coronavirus: Sharjah lifts all travel restrictions, open to tourists
Prior approval is no more needed for Sharjah residents with valid visas to enter the emirate. Moreover, the emirate has lifted all travel restrictions and tourists are also allowed to enter freely.
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Tom Curran braced for more Sharjah mayhem after six-laden opening match
Tom Curran reckons that the opening night of the IPL in Sharjah offered a sign of things to come for bowling attacks in this year’s competition, after the Rajasthan Royals out-muscled the Chennai …
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UAE announces details of economic substance regulations
ABU DHABI – The Ministry of Finance, MoF, announced today the details of the Cabinet … “This resolution resulted from constructive consultations undertaken by the UAE with its partners in the …
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Statement from H.H. Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance on Saudi National Day
The strategic historical bilateral ties between the UAE and Saudi Arabia were laid by the UAE’s Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and was further strengthened by the …
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Abu Dhabi Police warning: Dh7,000 bill for breaking speed limit by more than 60kph
Reckless drivers caught breaking the speed limit by more than 60 kilometres per hour face being hit with a Dh7,000 bill, Abu Dhabi Police said. The force has issued a stern warning to drivers over the …
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Reports: Kuwait and the UAE in economic pain amid pandemic
Two oil-rich Arab Gulf states are suffering severe economic blows, as a major credit agency downgraded Kuwait for the first time and the United Arab Emirates acknowledged its economy would contract to …
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Israel’s Mobileye, Dubai’s Habtoor Partner on Self-Driving Cars
Israel’s Mobileye and United Arab Emirate’s Al Habtoor Group launched a partnership on Wednesday to create a fleet of self-driving “robotaxis” that could take to the streets of Dubai by the end of …
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UAE’s leading exotic car rental group partners with New York’s Software Design Company Napollo to offer advanced technology products to Arab World
Napollo Software Design has announced a new partnership with UAE’s leading luxury car rental group XCAR to bring reliable car …
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Dubai Safari Park opening with new attractions on October 5
Dubai Municipality announced that Dubai Safari Park is opening with new interactive, educational and entertainment experiences on October 5.
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Over 300 pedestrians were run over in Abu Dhabi
More than 300 pedestrians were run over on Abu Dhabi roads last year because drivers failed to slow down at crossings, police said. The Abu Dhabi Police said as many as 15,588 drivers were fined over …
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COVID-19 Sharjah airport rules: Negative PCR test result mandatory, no pre-approval required
Dubai: The Emergency, Crisis, and Disaster Management Committee in Sharjah announced on Wednesday a set of rules for passengers flying through the Sharjah International Airport. The guidelines are …
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