Abu Dhabi: The UAE delegation participated in the third session of Arab Economy and Cooperation Forum with Central Asian States and the Republic of Azerbaijan, held in Doha recently under the theme ‘Prospects for mutual cooperation amidst challenges and …
UAE: Police urge delivery bike riders to avoid driving in unstable weather conditions
Delivery bike riders have been urged to stop delivery services during unstable weather conditions in Abu Dhabi. General Mahmoud Youssef Al Balouchi, Director of the Directorate of Traffic and Security Patrol,
Dubai’s Stock Exchange Eyes $1.7 Trillion Private Credit Market
Dubai’s stock exchange is dipping its toes into the $1.7 trillion private credit market with a new platform it says would make it easier for local companies to raise such debt.
Dubai’s Sunset Hospitality Said to Seek $300 Million to Expand
Dubai’s Sunset Hospitality Group, which encompasses brands including the Sushisamba restaurant chain and the luxury METT Hotels & Resorts, is seeking to raise about $300 million for expansion plans, …
Chirp Network Joins peaq to Build Unified DePIN Connectivity
Chirp’s integration with peaq aims to simplify data exchange and provide connectivity, enhancing DePINs through telecommunications solutions.
Dubai launches global blueprint for AI development
The hub will attract innovators, startups and AI leaders from around the world and support of development of their ideas into successful enterprises or real-world applications …
Dubai seizes fake items worth Dh5.43 million in just 3 months
Millions of counterfeit items worth more than Dh5.43 million were seized in Dubai in the first quarter of the year, customs authorities said on Tuesday.
Nomadic unveils next-gen business travel solutions at Arabian Travel Market 2024
Dubai, UAE – Celebrating a year of transformative presence in the Middle East, Nomadic, the award-winning business traveller offering by Fragomen, is thrilled to announce its debut at the Arabian …
Multiple firms move global head offices to Dubai in 18 months
Numerous companies and family businesses have moved their global offices to Dubai over the past one-and-half years as the emirate has been a major beneficiary of new trends in the post-Covid period, a …
Sharjah announces distance learning and remote working
The local Emergency, Crisis and Disaster Management Team in Sharjah decided to activate the distance learning system across all schools and higher educa …
UAE: Sharjah announces distance learning, remote work
The local Emergency, Crisis and Disaster Management Team in Sharjah decided to activate the distance learning system across all schools and higher education institutions in the emirate due to the …
Sharjah announces remote work for government employees due to inclement weather conditions
The National Emergency Crisis and Disaster Management Authority on Monday announced its preparedness for the unstable weather conditions …
Abu Dhabi Emergency, Crises and Disaster Management Team holds meeting to assess readiness of local entities to respond to adverse weather conditions
The Abu Dhabi Emergency, Crisis and Disaster Management Team has held a meeting chaired by Staff Major General Pilot Faris Khalaf Al Mazrouei, Commander-in-Chief of Abu Dhabi Police and Chairman of …
Supermarket chain Spinneys’ $375m IPO draws orders worth $19bn
Spinneys 1961 priced its IPO at the top of the previously announced range, selling its shares at Dhs1.53 per share to raise $375m (Dhs1.38bn).
Spinneys’ $375 Million Dubai IPO Draws Orders Worth $19 Billion
High-end supermarket chain Spinneys received about 71 billion dirhams ($19.3 billion) in orders for its $375 million Dubai initial public offering, underscoring strong appetite for a rare private …
Dubai Spinneys sets IPO offer price at top of range as it sees record levels of demand
Dubai supermarket chain operator Spinneys, said the final offer price for its IPO at 1.53 dirhams ($0.42) per share, at the top end of the previously announced offer price range, potentially raising …
Spinneys 1961 Holding plc successfully completes IPO bookbuild
The completion of the Offering and Admission is currently expected to take place on Thursday 9 May 2024, under the ticker symbol “SPINNEYS” and ISIN “AEE01377S248”, subject to market conditions and …