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Tag: abu dhabi

Posted on 11/12/2024

Asia PE Chief Quits Canada Pension for Global Role in Abu Dhabi

Canada Pension Plan Investment Board’s Asia private equity head has left for the Abu Dhabi Pension Fund, joining a wave of Hong Kong dealmakers exiting the financial hub amid a deals slump, people familiar with the matter said.

Posted on 11/12/2024

Dubai real estate: Six Senses villa in Palm Jumeirah sold for $35m as branded property boom continues

This summer, Dubai Sotheby’s International Realty set a record for the most expensive villa sold on Jumeirah Bay Island for AED175m ($47.6m) and recently closed the most expensive villa sale in Abu …

Posted on 11/12/2024

Londoner, 18, facing jail in Dubai for ‘holiday romance’ with UK girl feels ‘abandoned’ by Foreign Secretary

An eighteen-year-old Londoner who faces up to 20 years in jail for allegedly having sex with a 17-year-old in Dubai has said he feels abandoned by Foreign Secretary David Lammy.

Posted on 11/12/2024

Companies Can Now Offer USDT Services in Abu Dhabi

Tether services can now be offered in the Abu Dhabi Global Market by authorized firms, the company said Tuesday.

Posted on 11/12/2024

‘Our Winter is Safe and Enjoyable’ campaign launched in Abu Dhabi

The Abu Dhabi Police have launched the seventh edition of ‘’Our Winter is Safe and Enjoyable’’ campaign in cooperation with Abu Dhabi Civil

Posted on 10/12/2024

Hedge Fund Boss Marshall Slams UK Taxes After Opening UAE Office

Paul Marshall slammed Britain’s high taxes and regulatory red-tape in an interview in Abu Dhabi, where he also unveiled plans to set up a new office for his hedge fund.

Posted on 10/12/2024

F1 Movie Starring Brad Pitt Concludes Filming In Abu Dhabi Six Months Before Release Date

The Abu Dhabi Grand Prix not only wrapped up the 2024 season but also served as the final location for filming scenes of the F1 movie starring Brad Pitt, just s

Posted on 10/12/2024

Pirelli’s new softest C6 good for only “part of a lap” in Abu Dhabi test

However, its potential remains uncertain after teams tried it out in Abu Dhabi on Tuesday and found that it was already overheating before it had completed a full lap at speed. Pi …

Posted on 10/12/2024

Abu Dhabi’s ADNOC gets CCI clearance to acquire Covestro for $16.4 bn

Fair trade regulator CCI on Tuesday said it has approved Abu Dhabi National Oil Company’s (ADNOC) proposal to acquire Covestro for USD 16.4 billion.

Posted on 10/12/2024

Abu Dhabi’s $1 trillion fund seeks more innovation in private credit

ADIA, as the fund is known, is Abu Dhabi’s biggest state-backed investor and has helped drive the city’s push into the $1.6 trillion private credit market. As part of broad changes to its strategy, …

Posted on 10/12/2024

Brad Pitt’s F1 movie: Producers talk wrapping filming in Abu Dhabi, Hamilton’s role

In between Russell and Leclerc in his white and black race suit was Sonny Hayes, the veteran racer from APXGP.

Posted on 10/12/2024

UAE: Bitcoin inheritance plan, creation of will for digital assets essential, say experts

Panelists at the Bitcoin Mena conference said that it was important to give technical as well as non-technical ways for heirs to inherit digital assets …

Posted on 10/12/2024

UAE real estate developer Arada buys 3 gym brands; fitness division valued at $272m and eyes 100,000 members

The acquisition leaves Arada’s fitness and wellness division with a valuation of AED1bn ($272m), with its four brands now operating a total of 15 flagship and standard-scale gyms and studios across …

Posted on 10/12/2024

UAE: Donald Trump’s son says Bitcoin will bring about financial revolution

Bitcoin is going to bring about a financial revolution by giving liberty to those who are “left behind” by the traditional banking system. That is accordin..

Posted on 10/12/2024

UAE and China bilateral trade rises 7% in first nine months of 2024 to $74.6 billion

The bilateral trade between the UAE and China in the first nine months of this year rose 7.2 per cent to reach $74.6 billion amid the strengthening of economic ties between the two countries. “The UAE …

Posted on 10/12/2024

Introducing the 7th Edition of the FiNext Awards & Conference February 10-11, 2025, in Dubai

InternetShine Technologies is excited to announce the highly anticipated seventh edition of the FiNext Conference, set to take place in the …

Posted on 10/12/2024

Private clubs and boarding schools: Abu Dhabi’s plan to attract ultra-wealthy

Abu Dhabi is targeting the ultra-wealthy with private clubs, elite schools, and revamped banking, aiming at those considering leaving the UK …

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