Parkin Company today announced that it has set the final offer price for its Initial Public Offering (IPO) at AED2.10 per share.This will result in approximately AED1,574.37 million (c. US$428.69 …
Abu Dhabi Speeds Up Country Club Admissions to Lure Hedge Funds
Abu Dhabi officials are quietly orchestrating a fresh package of perks they hope will help propel the city up the ranks of the world’s biggest financial centers, from helping traders obtain coveted …
Surge in HNWI funds after FATF exit to drive UAE realty
The UAE’s removal from the Financial Action Task Force grey list is an important milestone and its overarching impact would soon be felt across all economic sectors, including real estate, say …
UAE: Surprise drills boost emergency response in Abu Dhabi
Civil Defence training simulates major incidents, fires, rescues and other scenarios Training remains a continuous process at Abu Dhabi Civil Defence Image Credit: Supplied Abu Dhabi: Abu Dhabi Civil …
OJO Group of Companies and Elevate Investments launch premier caviar brand “Numero Uno” in Abu Dhabi
OJO Group of Companies – a diversified powerhouse based in the GCC that boasts a robust portfolio of businesses operating across key industries, and Elevate Investments – a leader in finance, …
UAE team boss literally and figuratively bows his head to Van der Poel: “That’s what makes cycling so beautiful”
UAE Team Emirates team boss Mauro Gianetti noticed that as well. On Sporza, the Swiss gave his version of the race story and corresponding opinion. “Everyone was watching Tadej, but in the end, we got …
Scientists Hack Weather Satellite Data to Quantify Methane Leaks
The innovation could have far-reaching consequences for fossil fuel operators because it allows researchers to estimate a leak’s total emissions.
Offshore wind’s next big problem: Not enough ships
On the outskirts of Rotterdam, a bright orange ship is hoisted above the muddy Rhine with the help of six chunky triangular legs. The vessel has just been retrofit with a huge crane capable of lifting …
UAE: New draft law regulating real estate leasing approved in Sharjah
A draft law for the year 2024 regarding real estate leasing in Sharjah has been approved by the the Sharjah Consultative Council (SCC). The approval comes after introducing a number of amendments on …
Bank of Sharjah acts as mandated lead arranger in a $800 million credit facility for Investcorp Capital
Investcorp Capital recently raised $800 million in a four-year syndicated revolving credit facility. The transaction garnered significant interest from the market, and this enthusiastic response …
Court obliges man to return Dhs250,000 to a woman after he refused to pay in Abu Dhabi
The judge decided to direct the complementary oath to the plaintiff to swear that she lent the appellee Dhs250,000 at his request, which he did not return and that he still owed her the full amount.
UAE offers visa on arrival for citizens of 87 countries
According to the table of prior visa exemptions for travellers holding ordinary passports as shown on the official website of the Ministry of Foreign Affairs, citizens of 110 countries around the …
SVC invests $30mln in UAE-based Olive Rock Partners’ equity fund
Saudi Venture Capital (SVC) has invested $30 million in UAE-based Olive Rock Partners Fund I, a regional private equity fund focusing on investing in macro-supported mid-market buyouts.
I’m a rich Dubai housewife, here’s everything I’ve spent on my baby – including a £6,000 Tiffany jewellery collection that’s ‘more important than her education’
A Dubai housewife has revealed how she’s splashing out on her newborn baby, including spending more than £6,000 on a Tiffany jewellery collection. Linda Andrade from the US, who now resides in Dubai, …
Nakheel-Meydan merger: Dubai could witness more iconic landmark projects
With hundreds of billions of dirhams worth of assets under their belt, the developers will be key players in terms of mega community developments …
Dubai’s Al-Matiyah forum empowers global SMEs
The Al-Matiyah Investment and Business Forum in Dubai, supported by influential patrons, brought together investors and entrepreneurs …
Breaking Boundaries: Dubai Set to Redefine Blockchain Technology at World Blockchain Summit, Dubai
DUBAI, UAE / ACCESSWIRE / / The 29th edition of the World Blockchain Summit, organised by Trescon and co-hosted by Sun Minimeal, returns to Dubai on 22-23rd April 2024 at the iconic JW Marriott Hotel …