The UAE Ministry of Finance has completed its participation in the second round of working group meetings under the Finance Track of the 2024 G20 in Brasília, Brazil, held between March and April 2024 …
The UAE Has Set Its Sights on Africa’s Critical Minerals
The United Arab Emirates is rapidly emerging as a major player in the mining sector in Africa, starting with the acquisition of a large copper mine in Zambia. With its oil-dependent economy vulnerable …
Spinneys listing plans to further deepen UAE stock market; economic diversification: Market experts
The company will list 25 percent of its shares, amounting to 900 million stocks with a nominal value of AED 0.01 …
Hedge Funds Including Millennium Are Shorting UK Water Companies
Hedge funds including Millennium Management and Arrowstreet Capital are shorting the assets of UK water companies after a crisis at Thames Water spotlighted high debt levels across the industry. Most …
Emirates suspends check-in for passengers in Dubai after record rains
Emirates Airline on Wednesday suspended check-in for passengers departing until midnight after record rains caused significant damage across the United Arab Emirates.
Rain aftermath: Maintenance at Dubai Metro stations announced
Dubai Metro timings impacted… The UAE was hit with unstable weather conditions yesterday. Although it may be sunny today – April 17, 2024, the country is currently dealing with the aftermath. If you …
Storm dumps more than a year’s worth of rain on UAE, flooding roads and Dubai’s airport
Heavy thunderstorms lashed the United Arab Emirates on Tuesday, dumping over a year and a half’s worth of rain on the desert city-state of Dubai in the …
UAE’s Klickl Secures ADGM Financial Services Permission, Revolutionizing Finance with Integrated Tradefi and Web 3.0
Dubai, United Arab Emirates, April 17th, 2024, ChainwireKlickl International, a forward-thinking provider of financial …
Schonfeld Still Lacks $3 Billion It Seeks for Drawdown Fund
Schonfeld Strategic Advisors still hasn’t raised the $3 billion it has been seeking since late last year.Most Read from BloombergUS Yields Spike as Hawkish Powell Puts 5% in Play: Markets WrapDubai …
Spinneys IPO: UAE supermarket giant sets May 9 to float on Dubai bourse
UAE’s supermarket chain Spinneys Holding plc on Tuesday announced its plans to launch an initial public offering (IPO), offering 900 million shares in the float. The shares, each with a nominal value …
Spinneys Supermarket Shareholder to Sell 25% in Dubai IPO
The family behind high-end supermarket chain Spinneys 1961 Holding plc plans to sell a 25% stake in the company on the Dubai stock exchange in an initial public offering.
FIVE Hotel Group eyes 2025 IPO, keeps watch on Middle East tensions
FIVE owns one of Dubai’s biggest party hotels, where guests can park their supercars inside a nightclub for Dhs10,000 ($2,723). It also offers an even more exclusive party in the sky for the …
IMF projects UAE growth at 4.2% for 2025, highest in 3 years
The International Monetary Fund (IMF) on Tuesday projected higher growth for the UAE economy for next year than in 2023 and 2024, the highest in three year..
Spinneys IPO: UAE supermarket giant sets April 23 to float on Dubai bourse
UAE’s supermarket chain Spinneys Holding plc on Tuesday announced its plans to launch an initial public offering (IPO), offering 900 million shares in the float. The shares, each with a nominal value …
Awesome Cars For A Fun-Filled Weekend In Dubai
Dubai, the dazzling gem of the UAE, is not only renowned for its towering skyscrapers and opulent lifestyle but also for its thriving automotive scene. With its expansive highways, picturesque routes, …
Choithrams Raises AED 500,000 For Dubai Cares’ Gaza In Our Hearts Ramadan Fundraising Campaign
Choithrams boosted the proceeds from the sale of ready-to-eat meals by 50 times to provide hot meals, food baskets and emergency shelters for the people of Gaza …
Spinneys announces intention to float on Dubai Financial Market
The subscription period will open on Tuesday, April 23, and end on Monday, April 29, for UAE retail investors Spinneys Holding plc today announced its intention to proceed with an initial public …