CYVN Holdings LLC, an investment firm backed by Abu Dhabi, has signed a preliminary deal to take a stake in British luxury carmaker McLaren and take full control of its automotive business.
Abu Dhabi’s CYVN Holdings Enters Non-Binding Deal to Buy McLaren’s Automotive Business
DUBAI (Reuters) – Abu Dhabi-based investment vehicle CYVN Holdings has entered a non-binding agreement to buy 100% of carmaker McLaren’s automotive business from Mumtalakat, the sovereign wealth fund …
Lulu Retail Holdings Plans Record $1.4 Billion IPO in UAE
Lulu Retail Holdings aims to raise up to $1.43 billion in the UAE’s largest IPO this year, offering 25% of its shares. Listing expected on November 14.
21.7 million passengers recorded in Jan-Sep 2024: Abu Dhabi Airports
Abu Dhabi Airports today announced exceptional year-to-date (YTD) passenger traffic growth, welcoming 21.7 million passengers across its airports as of 30th September, 2024.
Abu Dhabi Inc’s Absence at FII Spotlights Competiton With Riyadh
As the most influential names from the world of finance, including David Solomon and Larry Fink, head to Riyadh for Saudi Arabia’s flagship Future Investment Initiative, one cohort has so far been …
Air Arabia Abu Dhabi introduces new direct flights to Yekaterinburg in Russia
Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced the launch of its latest route connecting UAE’s capital city, Abu Dhabi to Yekaterinburg in Russia.
Dubai to launch centralised medical files for students
All students in Dubai will soon have a medical file which will be accessible to schools, medical facilities, and parents. This is to ensure that all stakeholders involved in a student’s health is …
UAE: Federal Decree-Law on Tax Procedures amended
The UAE eInvoicing implementation is based on a decentralised, five-corner model that will allow sellers and buyers to exchange invoices via Accredited Service Providers (ASPs). ASPs will transmit tax …
UAE is leading hub for Islamic finance: FTSE Russell CEO
This latest launch provides focused exposures, to the top 15 Shari’ah-compliant companies, within Abu Dhabi,” she added …
OKX Celebrates “A New Alternative for the UAE” with ‘Trade Like a Pro’ Brand Campaign Featuring Local Influencers
This campaign, presented in both Arabic and English, celebrates “A New Alternative for the UAE,” marking OKX’s recent milestone of becoming operationally live and licensed in the region DUBAI, United …
OKX Celebrates “A New Alternative for the UAE” with ‘Trade Like a Pro’ Brand Campaign Featuring Local Influencers
This campaign, presented in both Arabic and English, celebrates “A New Alternative for the UAE,” marking OKX’s recent milestone of becoming operationally live and licensed in the region DUBAI, United …
OKX adds Standard Chartered as a third-party crypto custodian
OKX has announced that Standard Chartered has been added as a third-party crypto custodian for its global institutional business.
The Unbelievably Lavish Dubai Beach Resort Ranked Among The 10 Best In The World
One of Dubai’s newest resorts is already ranked as one of the top ten in the world thanks to the incredibly luxurious experience it offers visitors.
8 awesome Dubai places to visit if you’re allergic to tourist traps
Whether you’re a resident or a tourist looking to go off the more beaten track, these are some of the best places to visit in Dubai …
8 awesome Dubai places to visit if you’re allergic to tourist traps
Whether you’re a resident or a tourist looking to go off the more beaten track, these are some of the best places to visit in Dubai …
New On & Off Bus Tours Dubai’s Top Tourist Sites
The Roads and Transport Authority of Dubai has just launched an exciting new way to experience the city: the On & Off Bus! This sightseeing bus takes tourists and residents to eight of Dubai’s most …
Vietnam and UAE sign comprehensive economic partnership agreement
In a significant step toward bolstering bilateral trade, Vietnam and the United Arab Emirates (UAE) signed a Comprehensive Economic Partnership Agreement (CEPA) during Prime Minister Pham Minh Chinh’s …