The report stated the approach that the emirate seeks is to reuse a brilliant economic model that has focused for decades on real estate investment, tourism and foreign capital inflows.
Report: Abu Dhabi conglomerate eyes Covestro with $11B takeover offer
Covestro, the German chemical company whose North American headquarters is in Pittsburgh, is the subject of an almost $11 billion takeover attempt by the Abu Dhabi National Oil Co., according to multiple reports.
India, UAE work on trade niggles
The two nations also decided to boost non-oil trade amid the global downturn in commodity prices following the maiden review of the India-UAE Comprehensive Economic Partnership Agreement last week …
Dubai And Doha Getting Many Of The Business Headlines In The Middle East — But Could This Rising Little-Known City Be Among The Ones To Watch?
The big names like Dubai, Abu Dhabi, Doha, and Riyadh likely stand out when considering cities that act as centers of business and innovation in the Middle East, especially for most Americans, …
Woman in Abu Dhabi jailed for posting video likely to incite hatred
The PP had ordered the arrest of the accused woman, in the context of the “buzz” generated by the posting of the offending video on various social media platforms, while taking all legal measures to …
UAE: New incentive announced for SMEs; certification fee slashed to Dh500
By joining the programme, small and medium enterprises can enhance their competitiveness in tenders with government and major companies …
UAE: Tax Agents Forum to discuss agents’ role in implementing Corporate Tax
The meeting contrasted Tax Agents’ role with that of the Advisory Business Group, established by the FTA to streamline tax administration …
Abu Dhabi Oil Giant Adnoc Makes Takeover Approach for Covestro
Abu Dhabi National Oil Co. has made a preliminary takeover approach for German chemical producer Covestro AG, people with knowledge of the matter said.
Abu Dhabi jails woman over hate speech viral video
Abu Dhabi Public Prosecution has ordered that an Arab woman be jailed over inciting hate speech in a viral video on social media. Public prosecutors ordered the imprisonment of the woman, in …
Abu Dhabi royal family’s eye-watering net worth
Their superyacht is so big they practice golf in it, their palace is triple the size of the Pentagon and their fleet of private jets could rival an airline.
Lazard stock rises in premarket on report of recent interest from Abu Dhabi sovereign wealth fund
MARKET PULSE Lazard Ltd. stock is up 5.2% in premarket trades on Tuesday after the Financial News reported that Abu Dhabi’s sovereign wealth fund ADQ had launched talks earlier this y ear to take the …
Sharjah Chamber celebrates graduation of Little Chamber Nursery’s 10th batch
The ceremony opened with the UAE national anthem, followed by recitations from the Holy Quran and morning remembrances by the talented children of the nursery …
UAE ranked among world’s top 10 economies; Sheikh Mohammed thanks President, people for their dedication
Emirates leads the world in several indicators such as management, energy, infrastructure, the government’s ability to adapt to changes and others …
CoffeeDesk is now the official distribution of AeroPress products in the UAE
Dubai, United Arab Emirates: CoffeeDesk, one of the leading solutions for coffee and tea accessories and equipment in GCC and Europe, are now the official distributors in the UAE for AeroPress. The …
Dubai 7th most expensive city for high-class living
Dubai has jumped from 14th in 2022 to seventh place this year for high-class living costs following the strong recovery in the post-pandemic period, accord..
World’s most expensive cities for luxury living: Dubai breaks in to top 10
Dubai is dubbed this year’s star performer in the 2023 index, with the relocation of large numbers of wealthy individuals impacting property prices in the emirate …
FirstFT: Abu Dhabi’s sovereign wealth fund held detailed talks to buy Lazard
Also in today’s newsletter, billionaire aboard missing submersible vessel and conflict of interest questions at Crypto.com …