Women prefer to get new gold jewellery, while many employers gift gold coins to their staff on Diwali. Besides the actual value of gold, buying it attracts taxes in India, increasing the overall price …
Abu Dhabi’s IHC launches offer to acquire up to 31.25% stake in Colombia’s Grupo Nutresa
The offer followed the investment major getting approval from the Colombian Superintendency of Finance for the stake bid Abu Dhabi’s IHC launches offer to acquire up to 31.25% stake in Colombia’s …
Silver Lake Backs Abu Dhabi Firm Bayanat’s $171 Million IPO
Bayanat, a geospatial and data analytics firm owned by Abu Dhabi’s G42, is set to raise $171 million in an initial public offering backed by US private equity firm Silver Lake and the United Arab …
UAE-based VUZ raises $20mln in Series B funding; Co-led by e&’s venture
International investors like Caruso Ventures and Vision VC Fund took part in the fundraising transaction, along with Dubai Future District Fund (DFDF), SRMG, Faith Capital, Panthera Capital, as well a …
Ex-Harrods boss Omar Fayed plans to bring space research business to UAE
Omar Fayed, son of Egyptian billionaire and former Harrods owner Mohamed Al-Fayed, is planning on launching a space research and manufacturing facility in the UAE, as he looks to expand his space and …
Oil import for 2023: BPC gets nod to buy 54 lakh tonnes
The Cabinet Committee on Economic Affairs yesterday granted Bangladesh Petroleum Corporation permission to import 54 lakh tonnes of oil next year in a bid to secure supply of the key commodity amid …
Rising costs the biggest threat to global food security, Abu Dhabi conference hears
Rising costs and excess waste are the biggest threats to global food security, an Abu Dhabi conference heard on Thursday. Saeed Al Ameri, director general of the Abu Dhabi Agriculture and Food Safety …
FinTech startup launches app for financial well-being
Dubai-based FinTech startup Crunch App has announced today (October 20, 2022) the launch of its mobile app ‘Crunch: Personal Finance’; a new personal finance management app that aims to empower …
Abu Dhabi authority confirms death of Afghan judge in Humanitarian City
GIUSEPPE CACACE Afghan evacuees in Abu Dhabi’s Humanitarian City following the fall of Kabul in August 2021. AFP . An Afghan living in a facility for evacuees in Abu Dhabi has …
Sharjah developer Arada raises $100m in tap of existing sukuk
The sukuk tap was priced at 99 cents on the dollar, yielding investors 8.386 per cent, the document showed. The order book size was not disclosed …
HSBC expands private banking in UAE to tap growing millionaire base
HSBC is expanding its existing private banking business in the UAE to cater to a growing high net worth investor base. The new private bank will cater to the needs of internationally-minded clients …
Mukesh Ambani buys Dubai’s most expensive villa for $163 mn: Report
Dubai has recently become the hotspot for a record number of deals, luring some wealthy business executives from across the world. Dubai’s real-estate market is emerging from a seven-year slump. Also …
Mukesh Ambani Buys Dubai’s Most Expensive Villa For $163 Million: Report
Mukesh Ambani has been on a buying spree in Dubai as the Reliance Industries Limited (RIL) chairman has now reportedly bought a lavish mansion for nearly Rs 1,349.6 crore at Palm Jumeirah island. This …
UFC 280 ‘Embedded,’ No. 3: Aljamain Sterling arrives to Abu Dhabi in a good mood
UFC 280 takes place Saturday at Etihad Arena in Abu Dhabi. The main card airs on pay-per-view following prelims on ESPNews and ESPN+. The main event is a vacant lightweight title fight between former …
Abu Dhabi Police give out free car seats to families to promote children’s safety
According to traffic authorities, children below the age of four should be seated in appropriate child seats to ensure they are secured inside the vehicle …
Sean O’Malley ‘out to show world’ how good he is against Petr Yan at UFC 280 in Abu Dhabi
Provided by The National Sean O’Malley speaks to the media ahead of his fight against Petr Yan at UFC 280 in Abu Dhabi. Chris Whiteoak / The National . While not quite agreeing …
It’s official: McCafferty’s is coming to Abu Dhabi
While we don’t have a date just yet, we know the location as our eagle eyed team at Time Out Abu Dhabi spotted McCafferty’s workmen at Abu Dhabi’s Yas Bay Waterfront. As well as noticing the …