Provided Borse Dubai continues to own at least 10% of Nasdaq’s outstanding … shareholder in Nasdaq and are invested in the success of the company.” Investor’s Business Daily …
Abu Dhabi real estate boom: transactions hit $23.7bn last year as sales activity grows 160%
Abu Dhabi real estate transactions reached a record AED87.1bn ($23.7bn) last year, according to the Abu Dhabi Real Estate Centre (ADREC). The dedicated affiliate of the Department of Municipalities …
Borse Dubai to sell 27M Nasdaq shares in secondary offering
Borse Dubai, a minority shareholder of Nasdaq (NASDAQ:NDAQ), is commencing a secondary offering of 26,956,522 shares of Nasdaq’s common stock, the companies said Tuesday. Nasdaq (NDAQ) is not offering …
Nasdaq and Borse Dubai Announce Launch of Secondary Offering of Nasdaq Common Stock
Nasdaq, Inc. (Nasdaq: NDAQ or Nasdaq) and Borse Dubai Limited (Borse Dubai) today announced the commencement of a secondary offering by Borse Dubai of 26,956,522 shares of Nasdaq’s common stock. Borse …
One of UAE’s largest banks curtails cooperation with Russians under US pressure – WSJ
Due to the US sanctions pressure, Dubai’s main state-owned bank Emirates NBD has closed some accounts of Russian oligarchs and Russian oil traders. Source: The Wall Street Journal Details: It is noted …
Russia’s Backdoor to the Global Banking System Is Slamming Shut
A major lender in Dubai has scaled back Russia-related business, while Turkish lenders have become more cautious.
How to spend a supersized weekend in Dubai
Dubai is often described as Las Vegas without the casinos. It certainly likes to do things on a grand scale. Supersized hotels, buffets, malls, amusement parks, aquariums, designer cars and luxury …
Dubai Taxi Riders Can Now Watch News, Entertainment On The Go
The introduction of our digital screens showcases our dedication to investing in technology to enhance and provide an unparalleled customer experience in line with Dubai’s vision to become a leading …
Lewis Hamilton would be “willing to reclaim” Max Verstappen’s Abu Dhabi 2021 F1 title by losing the 2008 crown to Felipe Massa – Peter Windsor
It was well over two seasons ago when Lewis Hamilton lost the 2021 F1 Abu Dhabi GP on the final lap against Max Verstappen. The latter was crowned world champion and Hamilton lost the chance to win a …
FedEx Invests USD 350 Million in New State-of-the-Art Hub at Dubai World Central Airport in Dubai South
The New FedEx Hub Highlights Innovation and Efficiency DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / / FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE:FDX) and the world’s largest …
Islamic banking assets in UAE surpass Dhs700b: CBUAE
The assets of Islamic banks operating in the UAE exceeded Dhs700 billion for the first time in history at the end of 2023, according to the latest statistics from the Central Bank of the UAE (CBUAE).
Nobu Penthouse Sets a Record for Most Expensive Apartment Ever Sold in Abu Dhabi
A real estate record has been set in Abu Dhabi with the recent sale of a lavish AED 137 million (US$37.3 million) penthouse.
Louvre Abu Dhabi Announces Call For Proposals For Art Here 2024 And The Richard Mille Art Prize
Louvre Abu Dhabi, in a conscious step to explore new territories, announced an open call for proposals for the fourth edition of …
12Th Sikka Art & Design Festival Closes Dubai Art Season With Record-Breaking Attendance
The 12th Sikka Art & Design Festival, held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dub …
IRENA says world needs 1.1 TW of renewables per year
The International Renewable Energy Agency (IRENA) released a new report on the sidelines of the Berlin Energy Transition Dialogue this week describing the actions needed so the world complies with …
5,492 ATA Carnets issued, received for goods, commodities worth AED5 billion in 2023: Dubai Chamber of Commerce
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that record growth was achieved in the value of goods and commodities imported under …
Egypt to allocate $2.66 billion for bread subsidies in new budget
Egypt will allocate more than 125 billion Egyptian pounds ($2.66 billion) for bread subsidies in its 2024/2025 state budget and more than 147 billion pounds in petroleum products subsidies, the …