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 …
UAE’s largest bank hits Dh4.2 billion net profit in Q1; revenue reaches Dh8 billion
First Abu Dhabi Bank (FAB), the UAE’s largest bank, reported a net profit of Dh4.2 billion for the first quarter of 2024, up 6 per cent …
J.P. Morgan Private Bank releases inaugural report on global family offices
Survey data reveals top objectives, investment preferences and management trends for ultra-high-net-worth families …
Binance crypto founder Zhao sentenced to four months in prison
Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating U.S. laws against money laundering at the world’s largest …
Book the summer staycation of dreams at Anantara World Islands Dubai
Sponsored: Feel like you’re miles away from Dubai with an idyllic summer staycation at Anantara World Islands… Fancy an island getaway? Discover the epitome of luxury just offshore in the UAE this …
A new 24-villa luxury island announced at Dubai’s World Islands
The archipelago consists of seven sets of islands – representing the continents of Africa, Antarctica, Asia, Europe, North America, Oceania and South America. Earlier in 2024, party resort voco Monaco …
Dubai Reveals Design of World’s Largest Coastal Mangroves
Research Phase Pilot studies for the project are proposed in six locations: Jebel Ali Beach, Dubai Marina Beach, Jumeirah Public Beach, Umm Suqeim Beach, Mercato Beach, and Dubai Islands Beach. This …
Elegant and welcoming: Exclusive first media review of Palace Dubai Creek Harbour Hotel
Dubai’s newest hotel has opened in one of the city’s hottest up-and-coming neighbourhoods. Palace Dubai Creek Harbour hotel is the latest addition to the city skyline from Emaar Hospitality Group.
Affordable vs. Luxury Rentals for Indian Expats in Dubai: Navigating Different Options
In recent years, Dubai has been a magnet for Indian expats, who now constitute the city’s biggest expat group. This lively generation is lured to Dubai’s robust employment market, tax-free earnings, …
Sharjah Weather Update: Distance Learning and Remote Work Announced for Thursday and Friday, All Sports Activities Cancelled; Parks Closed
The local Emergency, Crisis and Disaster Management Team in Sharjah decided to activate the distance learning system in all schools and higher education institutions in the emirate in view of the expe …
Sharjah announces remote learning and work, suspension of sports activities, and closure of parks on Thursday and Friday
The local team for emergency, crisis, and disaster management in Sharjah has decided to activate remote learning in all schools and higher education institutions in the emirate, along with suspending …
Sharjah announces distance learning for all schools due to unstable weather
Sharjah announced distance learning for all schools on May 2 and 3 in the emirate due to conditions, after reports from Sharjah News. The decision prioritises the safety of teachers as well as …