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Posted on 11/09/2017

Dubai developer Deyaar unveils Dhs1bn project in Business Bay

Dubai developer Deyaar has launched a new Dhs1bn mixed-use project in Business Bay, it announced during the Cityscape exhibition on Monday. Called South Bay, the residential, serviced apartment and hotel property will cover a built-up area of more than 1.3 …
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Posted on 11/09/2017

ADNOC could list stake in fuel retail business in early 2018: sources

DUBAI (Reuters) – Abu Dhabi National Oil Co (ADNOC … For ADNOC Distribution, Reuters reported in late July that banks had been mandated for the IPO, citing sources familiar with the matter. “They are still working on it, there may be other services …
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Posted on 11/09/2017

Saudi says it’s accelerating economic reforms, Aramco IPO on track

DUBAI (Reuters) – Saudi Arabia’s government is accelerating … public offering of a stake in Saudi Aramco remains on track,” the statement said. “The IPO process is well underway and Saudi Aramco remains focused on ensuring that all IPO-related …
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Posted on 11/09/2017

Saudi assures investors that reforms, Aramco IPO on track

DUBAI (Reuters) – Saudi Arabia’s government assured investors … public offering of a stake in Saudi Aramco remains on track,” the ministry said. “The IPO process is well underway and Saudi Aramco remains focused on ensuring that all IPO-related …
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Posted on 11/09/2017

Saudi Arabia’s vague economic shift leaves huge oil IPO on track

DUBAI (CNNMoney) — Saudi Arabia is still planning to sell part … shares in Saudi Aramco — which is likely to be the world’s biggest — was on track. “The IPO process is well underway and Saudi Aramco remains focused on ensuring that all IPO-related …
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Posted on 11/09/2017

Gulf IPOs to make comeback, says report

Issuers are “testing out” the IPO climate, the report concluded. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 11/09/2017

Saudi Aramco makes gains from R&D ahead of listing

The state-owned oil giant – soon to be part-privatised in an IPO expected to raise up to $100 billion … to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 11/09/2017

Saudi Saуs It’s Accelerating Ecоnоmic Refоrms, Aramcо IPO оn Track

DUBAI (Reuters) – Saudi Arabia’s government is accelerating … public offering of a stake in Saudi Aramco remains on track,” thе statement said. “The IPO process is well underwaу and Saudi Aramco remains focused on ensuring that all IPO-related …
( read original story …)


Posted on 11/09/2017

ADNOC ‘could list stake in fuel retail business in early 2018’

DUBAI: Abu Dhabi National Oil Co. (ADNOC … For ADNOC Distribution, Reuters reported in late July that banks had been mandated for the initial public offering (IPO), citing sources familiar with the matter. “They are still working on it, there may …
( read original story …)


Posted on 11/09/2017

Factors to watch – September 10

DUBAI, Sept 10 (Reuters) – Here are some factors that may affect … any dialogue with Qatar -SPA * Saudi says it’s accelerating economic reforms, Aramco IPO on track * Will Saudi Aramco deliver world record profit for next year’s IPO?
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Posted on 11/09/2017

New support centre in Sharjah for Indians in distress

The Sharjah Centre on the 22nd floor of Damas Tower (Burj 2000) opposite the Central Post Office is the second office of the IWRC in the UAE after the one in Dubai that currently caters to Indians in all seven emirates. As first reported by Gulf News in …
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Posted on 11/09/2017

Abu Dhabi tops Middle East in global cities index

The Abu Dhabi Systems and Information Centre (ADSIC) announced that the emirate of Abu Dhabi had topped the Middle East region, in terms of the indicators outlined by the 2017 Cities in Motion Index. The index was published by the Spain-based University of …
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Posted on 11/09/2017

UAE provides humanitarian relief to displaced Rohingyas

according to UAE News Agency (WAM). The ERC said it was keen to provide humanitarian and relief assistance to those most in need around the world without any discrimination, and its contributions to relief Rohingya minority especially women and children …
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Posted on 11/09/2017

Over 1,000 fake job offers for Indians busted in UAE

Sharjah: More than 1,000 bogus job offers have been busted this year by the Indian Workers Resource Centre (IWRC) working under the Indian Embassy in Abu Dhabi, officials said on Sunday. Speaking at the opening of the second IWRC office in Sharjah on …
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Posted on 11/09/2017

UAE parents speak on cost of school uniforms

How can this expense be justified?” – M.A., an Abu Dhabi-based British homemaker. Her children attend two of the most expensive British curriculum private schools in the capital.
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Posted on 11/09/2017

Ruler of United Arab Emirates returns home after trip abroad

The ruler of the United Arab Emirates has returned to his country after a private trip. The state-run WAM news agency reported Sunday that Sheikh Khalifa bin Zayed Al Nahyan had returned home from a trip that began July 1, without elaborating. Sheikh …
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Posted on 11/09/2017

Camel-racing, modern art in UAE

Favourite destination: For many, the United Arab Emirates (UAE) is synonymous with oil, iconic skyscrapers, mega malls and beach resorts. However, there are many surprises to be discovered in the seven emirates forming the country, and Abu Dhabi …
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