Abu Dhabi-based investment and holding company ADQ has offered to fully acquire Aramex in a deal that values the largest courier company in the Middle East at about Dh4.39 billion ($1.2 billion). The …
Yinson nears deal with investors including Abu Dhabi for US$1bil funding
Energy infrastructure firm Yinson Holdings Bhd. is close to signing up investors for a funding round in its unit that makes equipment used by the offshore oil and gas industry, according to people …
‘I Can See It Cracking a Few’: New Recruits to UAE Emirates Rattled by Uniquely Awful Training Ethos
The UAE Emirates ‘junk mile’ methodology sent Pogačar to the top of the world, but some fear for its sustainability.
UAE delivers more critical medical aid to Gaza
Gaza The UAE has sent more critical medical aid to the Gaza Strip, with three convoys packed with 249 tonnes of vital supplies entering Egypt’s Rafah border crossing last week. The convoys, comprising …
Revealed: 2025 predicted to be a break-out year for startup funding in UAE
2025 is predicted to be a break-out year for startup funding in the UAE, poised to soar several notches up from the estimated $2 billion last year – which itself is estimated to have tripled from the …
UAE consumers expected to defy global trends with optimistic spending outlook for 2025 – AlixPartners survey
Dubai, United Arab Emirates – The UAE is poised for a significant 13% net increase in consumer spending intentions for 2025, marking the highest growth globally. In contrast, global spending …
Abu Dhabi’s Aldar Properties raises Dhs9bn sustainability-linked loan
Aldar Properties said that the facility is six times larger than any other single-bank financing the company has done in its recent history.
Aldar closes $2.45bn sustainability-linked credit facility
Abu Dhabi real estate developer and asset manager Aldar Properties has closed an AED9 billion ($2.4 billion) sustainability-linked syndicated multi-tranche revolving credit facility (RCF). The …
Luxury hotels in Riyadh and Dubai have fastest Wi-Fi networks in MENA region, says report by Ookla
More than half of the reviewed hotels offered Wi-Fi networks with a median download speed of at least 50 Mbps …
Bank Alfalah Buys 9.9% Stake in UAE Fintech
Bank Alfalah has acquired a 9.9 percent equity stake in Jingle Pay, a UAE-based fintech specializing in cross-border money transfers. This comes as Bank …
UAE and Uzbekistan explore ways to enhance economic relations in sectors of new economy, fintech, tourism and entrepreneurship
H.E. Bin Touq stated that the UAE and Uzbekistan relations serve as thriving model for economic partnerships based on shared interests and future perspectives, underlining the solid strategic …
Hong Kong HashKey Group receives preliminary crypto license in UAE
HashKey Group announced that its subsidiary HashKey MENA, had received in principle approval from Dubai’s VARA.
ILT20: Sharjah Warriorz’s Tom Kohler-Cadmore wishes the UAE-based league was longer
Sharjah Warriorz started their ILT20 Season 3 with a thrilling 3-wicket win over Gulf Giants, thanks to Tim Southee’s 3 wickets and Tom Kohler-Cadmore’s unbeaten 83. Kohler-Cadmore took charge in the …
Sharjah plans to launch rental index to reduce disputes between tenants, landlords
Index will come with a map of the emirate, which will allow people in the emirate to see rents in their respective areas …
ILT20: Sharjah Warriorz’s Tom Kohler-Cadmore credits coaches for giving freedom to express
Sharjah Warriorz have made a superb start to the ILT20 Season 3 as they registered a three-wicket win against Gulf Giants on Sunday. In what was a highly entertaining contest at the Dubai …
UAE fastest-growing clean energy market in region: Suhail Al Mazrouei
He noted that the UAE’s energy strategy prioritises a balanced approach, integrating traditional and clean energy sources, a cornerstone of both the UAE Energy Strategy 2050 and the National Hydrogen …
Abu Dhabi to host third round of UAE Formula 4 Powerboat Championship
Abu Dhabi is set to host the third round of the UAE Formula 4 Powerboat Championship on January 18 and 19, organised by Abu Dhabi Marine Sports Club. The Tribune, now published from Chandigarh, …