The Kenyan government has said it will license the Uganda National Oil Company (Unoc), a move expected to bring to an end months of a major feud. On Wednesday, Energy Cabinet Secretary Davis Chirchir …
UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine
International Resources Holding (IRH), a unit of Abu Dhabi’s International Holding Company, said it intends to bid for a stake in Lubambe Copper Mine in Zambia. IRH, which recently bought a 51% stake …
Sharjah Ramadan Majlis 2024 brings emirate’s ecosystem together
Sharjah24: Under the patronage of Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah, and presence of H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, the …
Sharjah Ramadan Majlis reviews investment opportunities
His Excellency Mohammed Juma Al Musharrakh, Executive Director of the Sharjah Foreign Direct Investment Office “Invest in Sharjah”, confirmed that 2024 Sharjah Ramadan Majlis, during its sessions, …
In numbers: 4 big Abu Dhabi news stories from March
Milestones in motion… The capital’s been grabbing the headlines with some massive records being shattered of late. Here’s a quick list of the Abu Dhabi news from March 2024, in numbers… 10 The …
Dubai: Is LinkedIn the new Tinder? Women call out ‘creepy’ men using work platform as dating site
“I couldn’t sleep for several nights after I first read that message.” The text consisted of six words sent to 25-year-old Dubai resident Jenish Shah by a LinkedIn contact that left her horrified. It …
The curious case of UAE-based funds in India’s small-cap bubble
Obscure offshore funds may have played a role in running up the share price of certain small-cap companies in India. Several of these funds have links with Hari Tibrewala, the Dubai-based ‘hawala …
India’s March gold imports seen plummeting over 90% as record prices curb demand: Report
India’s gold imports are reportedly set to plunge by more than 90 percent in March from the previous month, as record-high prices pull down demand in the world’s second-largest consumer market for the …
Kenya ends oil import feud with Uganda
The deal was set to expire at the end of last year but was extended to December 2024. Uganda imports an average of 2.5 billion litres of petroleum annually valued at $2 billion (Ksh261.98 billion) …
UAE Considers 10-Year ‘Golden’ Business License To Boost Foreign Investment: Here’s What It Means
In a bid to enhance business activities and increase government revenues, the United Arab Emirates (UAE) is contemplating the introduction of long-term business licenses, including 10-year “golden” …
Abu Dhabi Chamber announces deal to boost emirate’s investment appeal with UAE International Investors Council
The two will work collaboratively to assess growth opportunities in strategic priority markets, provide consultations, and share studies and information …
Abu Dhabi’s Taqa and Japan’s Jera to develop power plant for Saudi Aramco
Abu Dhabi National Energy Company, better known as Taqa, and Japan’s Jera have signed an agreement with a Saudi Aramco joint venture to build an electricity and stream generation plant in Saudi Arabia …
Inauguration of Saadiyat Marina & Ferry Terminal and Rabdan Marina creates new maritime gateways for Abu Dhabi community
The projects are the result of the continuous development of marine infrastructure to provide pioneering and environmentally friendly marine services and facilities for local mariners …
Pastor’s Wife Sponsors 35 Church Members to Dubai to Celebrate Husband’s Birthday
Experience the joy of a pastor in Dubai, whose wife thoughtfully arranged for 35 church members to join his birthday celebration and sparked reaction.
Dubai Sheikh Abruptly Halts Plans for HK Family Office
An investor who says he’s a relative of Dubai’s ruling family has abruptly delayed plans to open a family office in Hong Kong just days after making a pledge to expand in the Asian financial …
‘Thai shareholder wants Red Bull GmbH to move to Dubai’
Christian Horner seems to be locked in the saddle at Red Bull Racing. Perhaps even more so than thought. Auto, Motor und Sport reports that news on Thursday morning. The Thai majority shareholder of …
UAE Residents Who Migrated To Canada, US Now Moving Back To Dubai: Experts
Property developers in Dubai have seen increased investments from such new Canadian and US nationals who used to live in the UAE. They are now buying homes in the emirate to move away from the high …