This gives Alef Education a market capitalisation of AED9.45 billion ($2.57 billion approximately) and offer proceeds of AED1.89 billion ($514 million approximately) …
UAE: ‘Alef Education’ completes IPO bookbuild, raising AED1.89 billion
Alef Education Holding on Thursday announced the successful completion of the book-build and subscription process for its Initial Public Offering (IPO) on the Main Market of the Abu Dhabi Securities …
Zand Bank and MANTRA sign landmark MoU
The collaboration between these two entities will also focus on developing frameworks to support tokenisation and distribution of RWA, in compliance with the VARA …
Bank of America Energy Banker Relocating to Dubai as Deals Surge
A senior Bank of America Corp. dealmaker is relocating from London to Dubai, according to people familiar with the matter, as transactions in the Middle Eastern energy industry boom.
UAE: New moon-shaped project to rise ‘above the clouds’ in Sharjah
A new crescent-shaped project is being built atop a hill in Sharjah’s Kalba — and it will offer panoramic views of the mountains, valleys, and the coast. Taking shape about 850 metres above the sea …
Sharjah Ruler Issues Amiri Decree Promoting Deputy Police Chief
His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, issued an Amiri Decree regarding the promotion and appointment of the Deputy Commander of …
Sharjah Ruler appoints Saif Al Zari Al Shamsi as Sharjah Police chief
SHARJAH, 6th June, 2024 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree appointing the Commander-in-Chief of Sharjah …
NMDC Group and Environment Agency – Abu Dhabi launch pioneering beach cleaning technology on World Environment Day
In its initial phase, NMDC Group will launch two advanced beach cleaning machines along Abu Dhabi’s coast to tackle plastic pollution and safeguard its marine ecosystems …
ADAFSA issues decision on regulating food, fodder sampling for control, inspection in Abu Dhabi
The Board of Directors of the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has issued a decision on food and fodder sampling for control and inspection in the Emirate of Abu Dhabi. The …
Abu Dhabi: Department of Health, Illumina collaborate to extend research in genomics, precision medicine
The Department of Health – Abu Dhabi (DoH) has signed a Memorandum of Understanding (MoU) with Illumina, a global leader in DNA sequencing and array-based technologies to advance precision medicine …
ADNOC sought billion-dollar deals during UAE’s COP28 presidency, investigation reveals
A new investigation by Global Witness appears to show that the Abu Dhabi National Oil Company (ADNOC) used its CEO Sultan Ahmed Al-Jaber’s COP28 presidency to pursue oil and gas deals. The report, …
CABSAT and Integrate Middle East 2024 wrap up
Dubai, UAE: CABSAT 2024, the flagship media technology and satellite communications event in the MENA region, successfully wrapped up its 30th edition organised by the Dubai World Trade Centre (DWTC), …
AMEA Power reached financial close on the 120MW Doornhoek Solar Photovoltaic Project in South Africa
The project was first awarded to a consortium consisting of AMEA Power and local partners through Bid Window 6 …
Gold prices in Dubai Today Thursday, June 6, 2024
Gold prices in Dubai, the United Arab Emirates (UAE) today, Thursday, June 6, opened at a selling price of AED 8,690.93 per ounce, according to UAEgoldprices.com.24-karat gold rates in UAE TodayThe …
Elevate to increase MENA presence after securing $5 million pre-Series A
Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the …
Paxos Debuts Yield-Bearing Stablecoin Issued by UAE Unit (1)
Paxos, the company behind PayPal Holdings Inc.’s stablecoin, introduced a similar token that will pay a roughly 5% yield, as crypto firms rush to take advantage of elevated interest rates.
Crypto Analyst Bullish on Blue-Chip Altcoin, Sees Ethereum Price Shift
A prominent cryptocurrency analyst has ignited fresh optimism in the altcoin market, predicting a significant price surge for a leading alternative coin. The analyst, whose identity remains …