Governments and the United Nations should create an internationally adopted framework specifically designed to help solve global challenges, a world-leading futurist told the Dubai Future Forum 2023, …
Fight breaks out between spectators at Abu Dhabi F1
A fight broke out between a group of F1 fans at a trackside party following the Abu Dhabi Grand Prix on Sunday 26 November. A heated argument at the W Abu Dhabi hotel overlooking the Yas Marina …
‘Asset Abu Dhabi’ discusses emirate’s rapidly changing investment landscape at ADFW 2023
ABU DHABI, 28th November, 2023 (WAM) — Abu Dhabi Finance Week (ADFW) progressed into its next key conference today, conducting the 2023 edition of Asset Abu Dhabi. This pillar conference hosted a …
Dubai Taxi Company increases shares allocated to retail investors in its initial public offering
Dubai Taxi Company on Tuesday announced an increase in the number of shares offered in the UAE retail offer of its initial public offering in response to significant oversubscription of the UAE retail …
Dubai Taxi Company PJSC announces increase in the number of shares allocated to retail investors in its IPO
UAE Retail Offer increased to 74,970,000 ordinary shares from 62,475,000 ordinary shares, equivalent to 12% of the total Offer Shares up from the previously announced 10% of Offer Shares, due to signi …
United Arab Bank launches its first green sustainable finance products ahead of COP28
As part of its strategy to support the UAE government’s initiatives on climate change, United Arab Bank (UAB) has launched Green Sustainable Finance products ahead of COP28 conference in Dubai on …
Mercedes team member desperately tries to salvage lost wedding ring after being thrown into Abu Dhabi marina
A Mercedes team member is desperately trying to salvage his lost wedding ring after being thrown into Yas Marina after the Abu Dhabi Grand Prix. As is often the case following the final race of the season, the team member was chucked into Yas Marina following Sunday’s grand prix.
UAE and The Telegraph: putting press freedom up for sale?
RedBird IMI is close to sealing a deal to take control of Telegraph Media Group, which owns The Telegraph newspapers and The Spectator magazine, in exchange for the repayment of £1.15 billion owed by the Barclay family, the long-standing owners of The Telegraph, to Lloyds Banking Group.
UAE university joins China’s moon project after initial bid by Arab nation killed by US sanctions
A UAE university has joined China’s International Lunar Research Station, a project which aims to build a base at the moon’s south pole It comes as the race to return to the moon heats up between China’s lunar mission and the US-led Artemis Accords A national university in the United Arab Emirates has become China’s latest partner in the International Lunar Research Station (ILRS) project,
UAE hospital operator Aster DM Healthcare to raise $1b from 65% stake sale to Fajr Capital
Apart from the UAE, Aster DM has a sizeable presence in Oman and Qatar. Visibility in Saudi Arabia will be the next big thing, for obvious reasons. “While the India business of
Al Shamsi receives Sharjah Education Zone’s delegation
Sharjah24: Major General Saif Al Zari Al Shamsi, Commander-in-Chief of Sharjah Police General Command, received in his office Hessa Al Khaja, Director of the Sharjah Education Zone, heading a …
Abu Dhabi’s rapidly changing investment landscape debated at the second edition of “Asset Abu Dhabi” Hosted at ADFW 2023
Ray Dalio took the stage at Asset Abu Dhabi and praised the Falcon Economies of the GCC region as ‘Renaissance States’.
Multiple new hedge funds establish in DIFC
Just in the last three months alone, many additional globally renowned hedge funds have been authorised by the DFSA …
Multiple New Hedge Funds Establish In DIFC, Reconfirming Dubai’s Position As A Top Global Hub For Industry
Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, today co …
UAE Central Bank renews $4.9bn currency swap deal with China
The UAE Central Bank and the People’s Bank of China signed an agreement in Hong Kong to renew their bilateral currency swap agreement for five years, to boost financial and economic ties. The size of …
Largest US bank expands UAE presence
JP Morgan, the largest US bank, is planning to expand its presence in the UAE by offering deposit-taking and payment-processing services to wholesale banking clients from the Abu Dhabi Global Market …
Coinbase CEO Says It’s Time to See What Lies Ahead after Binance Settlement
Coinbase CEO shared his opinion on the Binance settlement, stating that the crypto industry can finally close the chapter and look beyond.