The US-based GlobalFoundries, a chipmaker owned by Abu Dhabi’s Mubadala Investment Company, is committed to its plan for an initial public offering (IPO) in 2022, the company’s CEO, Tom Caulfield, …
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UAE’s first half 2021 bank results point to economic recovery gaining traction
Dubai: The overall gains in the bank results for the first half of the current year compared to the same period last year confirms the improvement in the economic conditions supporting credit growth …
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Clifford Chance Leads in First UAE IPO in Over Three Years
The firm has been busy racking up capital markets mandates in Europe, and is now leading the charge in the Emirates.
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Napier sets up at Dubai’s leading financial center in the Middle East with new DIFC office
Napier, provider of advanced anti-financial crime compliance solutions, has announced it has extended its global footprint by opening a new office at Dubai International Financial Centre (DIFC), the …
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UAE: Is it wise to re-finance your home close to retirement?
UAE: I’m 40 years old and have saved no money. How can I retire at 65? UAE: Retirement checklist – what all should I make sure to do five years before retiring? Dubai: Let’s say you are approaching …
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Trucks Stuck as Saudi-UAE Competition Spreads to Trade
Trucks are lined up for hours at the border between Saudi Arabia and the United Arab Emirates as some international manufacturers find their goods snarled up in a deepening economic rivalry that’s …
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Mechanical, Electrical and Plumbing Services UAE Market to 2030 – Industry Analysis and Growth Forecasts – ResearchAndMarkets.com
The “U.A.E. Mechanical, Electrical and Plumbing Services Market Research Report: By Service Type (Electrical, Mechanical, Plumbing), End User (Residential, Retail, Commercial, Industrial, Government, …
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UAE and OPEC+ have made up, but it won’t last
Once the shock of Covid-19 passes, a structural problem will reemerge; namely that the world has an abundance of oil but a shortage of capacity to absorb emissions from that oil …
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Sharjah offers business professionals key insights on leveraging the UAE Commercial Companies Law across the emirate’s industries
Changes in emirate’s investment landscape highlighted at seminar organised by Sharjah FDI Office (Invest in Sharjah) and Sharjah Economic Development Department …
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Meet Aziz Al Harbi of RoboStores, the Saudi expat who is at home in the UAE
Dubai: Several expats who come to the UAE in search of greener pastures continue to live here. Their children grow up in the UAE and make it their home. His father Bander Al Harbi was then making a …
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Mubadala seeks over $20bn value for EGA in IPO
EGA is the Middle East’s biggest aluminium producer and is equally owned by Mubadala and Investment Corporation of Dubai …
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Clifford Chance advises on Yahsat’s IPO, ADX listing
Leading international law firm Clifford Chance has advised as Banks’ counsel on Mubadala-owned, Al Yah Satellite Communications Company PJSC (Yahsat) landmark IPO and listing on the Abu Dhabi …
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Indian rupee expected to weaken further in the week ahead
Dubai: Indians in the UAE planning to send money home can expect exchange rates of UAE dirham against rupee turning in their favour next week as the Indian currency is expected to weaken further in …
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Can power rentals make up for low GCC liquidity?
Portable power providers will leverage the rental business until market fluidity returns amidst declining global crude values.. Can power rentals make up for low GCC liquidity?. ANALYSIS, Business.
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Rupee expected to weaken further in the week ahead
Dubai: Indians in the UAE planning to send money home can expect exchange rates of UAE dirham against rupee turning in their favour next week as the Indian currency is expected to weaken further in …
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Licencing regime introduced for UAE’s retail payments service providers
Central Bank of UAE issues Retail Payment Services and Card Schemes Regulation Dubai: The Central Bank of the UAE (CBUAE) on Saturday unveiled the Retail Payment Services and Card Schemes Regulation, …
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Sharjah Islamic Bank posts Dh289.5 million H1 net profit
Dubai: Bank’s net operating profit before provisions were up by 25.6 per cent, amounting to Dh417.3 million for the first six months, compared to Dh332.3 million for the same period of the previous …
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