Investcorp Capital on Tuesday said it plans to sell shares worth as much as $321.5 million in an initial public offering (IPO) with the aim of listing on the Abu Dhabi Securities Exchange.
UAE: Investcorp Capital to sell 29.34% stake through IPO
Investcorp Capital, an asset management and capital financing services company, on Tuesday said it would sell 643 million shares which represents approxima..
Dubai’s Crown Prince Sheikh Hamdan pays tribute to Palestine on Instagram
Sheikh Hamdan’s post came a day after UAE President Sheikh Mohamed called for an immediate end to hostilities in Gaza
Busted and Sugababes to headline epic throwback music event in Dubai next month
Get ready for some Noughties nostalgia, Dubai… We’ve not been to the year 3000 just yet but we can confirm that Brit boyband Busted and girlband Sugababes will be headlining Mixtape, an epic throwback music event taking place in Dubai next month.
Dubai: Work by the beach with new pop-up workspace
That is because du, from Emirates Integrated Telecommunications Company (EITC), has launched its first pop-up workspace at Sunrise Beach in Dubai.Called Work Getaway, the remote working space caters …
Drone Well Services expands operations across the UAE, Qatar, and KSA
Drone Well Services (DWS) is thrilled to announce its expansion into the United Arab Emirates, Qatar, and the Kingdom of Saudi Arabia, marking a significant milestone in the advancement of drone …
5 Fintech Lessons From 5 Ecosystems
The fintech industry has grown rapidly in recent years, with new companies and innovations emerging across the globe. Here are five lessons from five ecosystems.
Sharjah Airport Records 4M Passengers In Q3
Sharjah : Sharjah Airport has experienced a remarkable presence in passenger traffic with over 4 million in the third quarter of 2023, recording a rise of over 12 percent compared to the same period …
UAE jobs: 82% of employees plan to look for work within the country
The UAE job market is quite attractive thanks to variety of measures taken by the govt, including specialised residency permits and visas
UAE hiking season gets under way with new rules to improve safety
A clampdown on large unlicensed meet-up groups and Dh50,000 fines for those breaching mountain trail rules is intended to reduce the number of trekking incidents and rescues as the winter walking season gets under way.
DP World in Tanzania: The UAE firm taking over Africa’s ports
DP World – established in 1999 and owned by Emirati ruling families – has increased those inroads with port operations in Angola, Djibouti, Egypt, Morocco, Mozambique, Senegal and Somalia. In 2021, DP World pledged to invest $1bn in Africa over the next several years.
Investcorp Capital to float on ADX as IPO action returns to UAE markets
Investcorp Capital will offer 643m shares and list on ADX Dubai: The IPO season is back in the UAE with Investcorp Capital set to float on the ADX. Part of the Bahrain headquartered fund manager Investcorp, the IPO will see 643 million ordinary shares …
Dubai’s Art of Living Mall to Host Exclusive Design Event
In the heart of Al Barsha 2 area in Dubai, a unique architectural marvel stands – the Art of Living Mall. This is not just another shopping center; rather, it’s an incubator for creativity, a haven …
Rixos Marina Abu Dhabi Announces Second Edition Of #Ridewithrixos, In Support Of Pinktober
Following the tremendous success of their first event in June of this year, Rixos Marina Abu Dhabi is thrilled to announce its s …
Dugasta Properties unveils big Dubai plans, brand identity
Dugasta Properties, a new real estate developer in Dubai, has launched its new brand identity, building upon the legacy established by its predecessor, City Properties, that has already delivered two …
Women’s best amateur golfers touchdown in Abu Dhabi
It’s the turn of the women in Abu Dhabi as the world’s best amateur golfers have set foot on Abu Dhabi Golf Club for the prestigious Espirito Santo Trophy, the second week of competition after the men …
From New York to Dubai, Museums Weigh in on Violence in Gaza and Israel
Israel’s military responded by cutting off food, water, and electricity, and launched sustained airstrikes that have killed more than 3,000 people in Gaza, according to its health ministry. Last week,