Aster DM re-files IPO papers, cuts offer size

According to the new DRHP, available on the websites of the investment banks to the IPO, the firm is looking to raise around ... across all the Gulf Cooperation Council states of United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain, as ... ( read original story ...)

UAE, Bahrain airspace ‘not open to Qatar aircraft’

Dubai: The UAE’s General Civil Aviation Authority (GCAA) has denied the news of opening its airspace to Qatar-registered aircraft. The GCAA on Wednesday clarified that it allowed Qatar aircraft to use the airspace located above the international waters ... ( read original story ...)

Major mismatch between IT talent, job market demand in GCC

Dubai: Techies graduating out of universities from the Gulf are likely to find it tough to get jobs as there are no engineering facilities for most American technology companies operating in the region. Technology is a vital part of every industry today ... ( read original story ...)

Arabian Gulf corals have ‘super genes’ to tolerate heat

Abu Dhabi: Research undertaken by scientists at New York University Abu Dhabi (NYUAD) will help provide new insight into how coral reefs around the world will be able to cope with climate change, the university announced on Thursday. Rising sea ... ( read original story ...)

Banking sans branches

Smartphones are now the gateway to your banking transactions, paving the way for more mobile apps and digital payment solutions to ease your lifestyle by reducing branch visits. This has indeed kept pressure high on the UAE banking sector to innovate and ... ( read original story ...)