Hosted by the Abu Dhabi Sustainability Group (ADSG), the fourth annual Abu Dhabi Sustainable Business Leadership Forum started in the capital today, bringing together some of the greatest names and companies at the forefront of sustainable business across …
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London’s best argument for staging Aramco IPO: It is not New York
LSE officials can advance several plausible arguments why it should stage the Aramco IPO. David Hodson, veteran oil executive and financier and managing director of Dubai-based Blue Pearl Management, said: “The big thing London has going for it is that …
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Indian Nationals Invested $22.6 Billion in Dubai’s Real Estate in 5 Years
Properties worth Dh83.65 billion ($22.6 billion) were bought by Indian nationals in Dubai from 2013 to 2017, according to statistics compiled by the Dubai Land Department (DLD). Indian nationals, who are the biggest foreign investor group in Dubai’s real …
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Saudi Acwa Power picks JPMorgan, Citi for IPO: sources
Dubai: Saudi Arabia’s ACWA Power has selected JPMorgan, Citigroup to arrange the initial public offering of its shares, which could raise up to $1 billion, sources said. The two international banks have been selected as global coordinators and a third …
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Aramco IPO venue in the balance as Saudi prince embarks on trip
sources familiar with the IPO discussions have said. (Writing by Rania El Gamal; Additional reporting by Tom Arnold in Dubai, Jennifer Hughes in Hong Kong and John McCrank in New York; Editing by Pravin Char)
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‘Wastenizer’ in homes, communities to turn Dubai waste-free by 2020
Dubai: Dubai is hoping to be the world’s first “waste-free … director of the department, told Gulf News. “This involves a decentralised waste treatment plan for buildings and communities. The project disrupts the conventional waste transportation …
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Dubai Internet City firms attract over $2.1bn since hub’s launch
Members of the Dubai Internet City (DIC) community have collectively attracted AED7.8 billion ($2.1 billion) in funding since its launch, the largest technology business hub in the region announced on Tuesday. The figure bears testimony to Dubai’s …
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Dubai Internet City entities attract Dh7.8b in funding
Dubai: Members of the Dubai Internet City (DIC) community have collectively attracted Dh7.8 billion in funding since its launch as a technology business hub. Over the last 12 months particularly, several DIC partners have attracted strong investments …
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New rules for UAE social media ‘influencers’
The new guidelines apply to news websites, electronic publishing outlets, and on-demand printing, including commercial activities conducted through social media within the UAE, Mansour Al Mansouri, Director General of the National Media Council …
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Dubai immigration team visits Kerala, Indonesia
In December last year, the UAE Embassy in India told Gulf News that they would open three more consular offices in India. The new offices in Chandigarh, Chennai and Hyderabad will help Indians in those regions to get UAE visas easily as they can avoid …
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Dubai drivers get pleasant surprise from police
Dubai: Ten drivers in Dubai were worried when they were flagged by police despite “following road rules” on Tuesday. Instead of a ticket, however, the drivers received commendation from police for being good and safe drivers. Each driver received the …
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UAE now requires licenses for ‘social media influencers’
DUBAI, United Arab Emirates – The United Arab Emirates says it will now require anyone conducting “commercial activities” through social media to register for a government-issued license. The new rules announced Tuesday target so-called “social media …
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Pakistan chases more UAE real estate investors
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Kerala businessman wins $1m Dubai raffle
Dubai: A Kerala businessman who purchased his first ever ticket of Dubai Duty Free Millennium Millionaire promotion online has joined the list of Dubai Duty Free millionaires in the draw held at Terminal 3 of Dubai International Airport on Tuesday. Prabin …
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Sindhi stars to headline Dubai music show
Dubai: Sindhi singers Shafi Fakeer, Shaman Ali Mirali and Farzana Bahar are set to perform live music and Sindhi stage drama on Friday at Pakistan Association Dubai. The gala event is expected to draw a large number of fans from the UAE as well as from …
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Abu Dhabi Ports to upgrade ports and logistics infrastructure
Emirates Global Aluminium (EGA) and Abu Dhabi Ports have signed a Memorandum of Understanding that agrees they will work together to develop opportunities for Abu Dhabi Ports to upgrade ports, logistics infrastructure and services abroad used by EGA to …
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Dubai Cares launches Dh3.8m Madagascar programme
Dubai: Dubai Cares, part of Mohammad Bin Rashid Al Maktoum Global Initiatives, has partnered with Water & Sanitation for the Urban Poor (WSUP) to improve access to water, sanitation, and hygiene (WASH) facilities in schools in two of Madagascar’s largest …
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