Mubadala said the firm plans to use the proceeds to fund acquisitions and business development of innovative assets in the pipeline …
Abu Dhabi Fund, Apollo Global may invest in BYJU’S parent or Aakash: Report
The company is looking to raise about $400-$600 million from the investors. It is also in talks with Apollo Global Management for a structured funding for Aakash.
Abu Dhabi’s 10X AD eyes investments in Indian edtech Byju’s Aakash: Report
Disrupt AD, ADQ’s venture capital platform, is another Abu Dhabi fund with which the Byju’s top honcho is said to be in talks for investments Abu Dhabi’s 10X AD eyes investments in Indian edtech …
Where to watch fireworks in Dubai, Abu Dhabi this Eid Al-Fitr 2023?
Celebrations in the United Arab Emirates (UAE) are never complete without a spectacular pyrotechnics display, and this Eid is no exception.
Young Leaders on trip of a lifetime to Abu Dhabi with Etihad
Ten Cityzens Giving Young Leaders from five cities enjoyed the trip of a lifetime to Abu Dhabi with Etihad Airways, having been selected for this year’s Youth Leadership Experience.
UAE announces $27,000 illegal firework fines
UAE Public Prosecution details prison terms and fine for illegal sale of fireworks UAE announces $27,000 illegal firework fines Dubai police, fireworks, UAE, UAE fireworks, UAE Public Prosecution Cult …
Dubai Waives AED 146m in House Loan Repayments for Low-Income Citizens
Dubai will waive AED 146 million in housing loan repayments for 426 low-income citizens and this step will be taken to improve the living standards of Emiratis, according to the Crown Prince of Dubai …
Art Noor pays homage to Ramadan with Salam99 art offering in Dubai
Dubai based artist Art Noor is an abstract expressionist painter, focusing on spiritual subjects such as the names of Allah, and Verses of Love by Rumi. He has practiced his art while being based in …
‘Pressing need’ for more homes to ease Dubai property shortage, experts say
Dubai’s population boom, paired with an influx of European property investors, is driving a housing shortage and a rise in rents, real estate experts have said. The city’s popularity has led to new …
UAE property: ‘Can I refuse to sign my lease after moving into the unit?’
I rented a new apartment. The unit is owned by a management company, unlike the single owner I dealt with for the previous apartment I rented. I handed over the rent cheques to the company and they …
Singapore’s CBC, Abu Dhabi’s Mubadala raise US$315 million for Hasten Biopharmaceutic
Singapore-based healthcare investment firm CBC Group said on Thursday that it and Abu Dhabi sovereign wealth fund, Mubadala Investment Co completed a US$315 million fundraising round for Hasten …
Dubai Real Estate Market: A preferred Global Destination for investments; Experts predict continuous growth in the next 2 years
The Dubai real estate market is on a promising growth path. This growth can be attributed to the path-breaking policies adopted by the UAE government, which have had a positive impact on not only the …
India Accelerator plans to invest $15-20 million via Dubai-based incubator
IA announced that it will invest $15-20 million via its recently launched iAccel Gulf Business Incubator by 2023-end.
Dubai Islamic Bank posts 12% surge in quarterly profit on higher revenue
Dubai Islamic Bank’s balance sheet expanded by 1.3 per cent YTD to Dhs292bn while customer deposits settled at Dhs198bn …
DCT Abu Dhabi launches $98m culinary investment fund
Abu Dhabi (DCT Abu Dhabi) has launched a new AED360million ($98 million) Abu Dhabi Culinary Investment Fund that will help introduce leading brands to the UAE capital over five years. In addition, the …
Eid Al Fitr 2023 in UAE: Dh100,000 fine, 1-year jail for unlicensed dealing in fireworks
A penalty of imprisonment for no less than one year and a fine of no less than Dh100,000 or either shall be imposed on anyone in the UAE who, without a lic..
UAE is innovating and changing the world
UAE has attracted investments in emerging technologies, with the government’s investment in AI alone estimated to reach more than $33 billion by 2027 …