The recent announcement of full foreign ownership for specific businesses adds to a positive economic environment as the government’s push to attract FDIs lifts confidence in real estate Factors …
Foreign Minister and not diplomats should take blame over PM’s UAE visit, says Umno veep
The Foreign Minister should shoulder the responsibility over the lack of coordination during the Prime Minister’s visit to the United Arab Emirates (UAE), says Datuk Seri Mohamed Khaled Nordin.
UAE’s health data repository, national disease registry come into focus
He highlighted the significance of the health data repository and the national disease registry in increasing the reliability of statistical data as a key factor in devising healt …
Dubai’s DEWA utility goes public after raising $6B in IPO
The government-owned utility opened trading on Dubai’s stock exchange with a market cap of 124 billion dirhams, or what is roughly $33.7 billion. DEWA priced its shares at 2.48 dirhams each, or what …
Dubai Utility Surges After Staging Year’s Second-Biggest IPO
Dubai Electricity & Water Authority jumped in its trading debut after raising $6.1 billion in the world’s second-biggest initial public offering this year, kick-starting a flurry of listings out of …
Shares in Dubai utility DEWA surge in Middle East’s largest IPO since Aramco
Shares of DEWA, the Dubai Water and Electricity Authority, surged more than 20% as the giant utility company began trading on the public market Tuesday, marking the first listing of its kind in the …
Dubai utilities giant Dewa lists in UAE’s largest IPO on record
Shares of Dubai utilities giant Dewa surged 20% on its market debut, in the UAE’s largest IPO on record. DFM Exchange CEO Hamed Ali said the listing is testament to the infrastructure and connectivity …
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Mashreq NEO ties up with Federal Bank to facilitate NR account opening for Indians in UAE
Mashreq NEO, a full-service digital bank from Mashreq Bank, announced a strategic partnership with Federal Bank, a leading financial institution in India to enable Mashreq Neo’s Indian customers open …
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Crypto adoption is driving UAE’s digital economy
Cryptocurrencies are becoming more popular among small business owners in the UAE they would accept some form of digital payment this year …
Abu Dhabi’s Aldar appoints ADQ CEO Mohamed Alsuwaidi and IHC executive Sofia Lasky to its board of directors
Mohamed Alsuwaidi is also the chairman of TAQA and EWEC, while Sofia Lasky is on the boards of IHC and Alpha Dhabi Holding Abu Dhabi’s Aldar appoints ADQ CEO Mohamed Alsuwaidi and IHC executive Sofia …
CORE annual Abu Dhabi report 2022
According to CORE’s latest Abu Dhabi Annual Report 2022, market confidence in Abu Dhabi is considerably high in the wake of a favourable economic environment, revival in tourism numbers, a successful …
UAE: Gold price rises to $1,959 per ounce in early trade
Gold prices rose by half a dirham in the UAE on Tuesday morning in line with the increase in global rates. Spot gold was up 0.32 per cent at $1,959.06 per ounce at 9.20 am UAE time. In the UAE, gold …
UAE’s Emirates ID replaces visa sticker in passport as proof of residency
Residents can also get a soft copy of Emirates ID, residence visa stickers for reference Dubai: As the UAE’s residency visa stickers in passports are replaced with Emirates ID as of today, April 11, …
Explainer: Can UAE motorists claim damages for fires that break out at warehouses and factories?
Insurance industry executives said motorists in UAE can claim fire damages for their vehicles that breaks out in a warehouse or any other residential and commercial facility. They said that both …
Sonu Sood honoured to receive the UAE golden visa and talks about his bond with Dubai
The actor told Gulf News that the honour has cemented his bond with this country Bollywood actor and humanitarian Sonu Sood, who recently received his UAE golden visa, described the distinction as an …
UAE residents can apply for a free course on learning how to invest in the stock market
Investing, entertainment and learning should be in equal parts. If you want to learn to invest in the stock market, Leadcapital Corp Ltd has an exciting offer for …
Dubai hotel occupancy surged to 15-year high of 91% in final weeks of Expo
Hotel occupancy rates in Dubai surged to a 15-year high in March, driven by high demand during the final weeks of Expo 2020, according to preliminary data from hospitality consultancy STR. Occupancy …