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Posted on 09/05/2024

UAE and Saudi Arabia IPOs hit $1.2bn in funding in Q1

KSA was again the frontrunner in listing activity in Q1 2024. The country’s largest, and the region’s second-largest, IPO was raised by Modern Mills Company at $724m, accounting for 27.3 per cent of …

Posted on 09/05/2024

UAE’s al-Jaber invites business chiefs to climate talks on eve of COP29

Sultan al-Jaber is planning a final flourish as president of the UN COP28 summit by calling the heads of the world’s largest energy and tech companies for climate talks in Abu Dhabi days before COP29 …

Posted on 09/05/2024

60th Venice Art Biennale: Inside UAE-based artist Abdullah Al Saadi’s studio

Abdullah Al Saadi is one of UAE’s foremost conceptual artists, known for creating art that is both deeply enigmatic and intimately familiar. At heart, however, he remains a diehard wanderer. He’s also …

Posted on 09/05/2024

Abu Dhabi’s Etihad Airways reports surge in Q1 profit

Etihad Airways reported a sharp increase in first-quarter profit on Thursday, helped by an increase in passenger revenue, ahead of possible listing of the Abu Dhabi carrier.

Posted on 09/05/2024

Abu Dhabi’s Big Ticket prize draw resumes operations

Abu Dhabi’s Big Ticket prize draw has confirmed it is resuming operations after pausing last month to comply with the UAE’s gaming regulations. The company confirmed it was operating as normal, with …

Posted on 09/05/2024

UAE real estate: Golden Visa property deals, 25,000 new units coming to Dubai and soaring rents drive investments

UAE real estate investors were active in the opening three months of the year as residential sector was buoyed by Golden Visa rule changes and steady supply, according to property experts JLL. The …

Posted on 09/05/2024

Abu Dhabi’s Etihad Airways Q1 profit soars to Dh526m as passenger numbers spike by 41%

Image Credit: Etihad Airways Abu Dhabi: UAE’s flag carrier Etihad Airways posted its Q1 2024 results on Thursday, recording a profit after tax of Dh526 million, marking a significant improvement over …

Posted on 09/05/2024

How will Abu Dhabi’s ‘Dark Sky’ policy impact you?

The Dark Sky initiative is the first of its kind in the region and seeks to set a blueprint for responsible lighting practices …

Posted on 09/05/2024

UAE’s Minister of Energy and Infra tours rain-affected areas

Suhail Mohamed Al Mazrouei, UAE’s Minister of Energy and Infrastructure, toured a number of areas, federal roads, and dams on the eastern coast that were affected by the unprecedented rainfall the UAE …

Posted on 09/05/2024

UAE schools ask parents to not use illegal transport services

Educators and road safety experts have emphasised that parents must prioritise their children’s safety over financial considerations and ensure that any …

Posted on 09/05/2024

UAE: Big Ticket raffle draw to resume operations from June 3

Abu Dhabi’s popular raffle Big Ticket has announced that it will resume its operations after a temporary halt beginning from May 9. The next live draw has been scheduled for June 3.This comes after …

Posted on 09/05/2024

CEPAs play key role in surging FDI inflows to UAE: ADIO official

The UAE’s strategic location, focus on digitalisation and future-oriented industries also complement this favourable trend:Massimo Falcioni …

Posted on 09/05/2024

Unlocking financial freedom: 5 expert tips for retiring in the UAE

Retirement planning consists of anticipating future needs and factoring in potential healthcare costs while ensuring that the plan aligns with personal aspirations …

Posted on 09/05/2024

Over a dozen UAE-India flights cancelled by Air India Express on Thursday

Update on Day 2 of mass sick leave crisis at the Indian carrier Travel agents in the UAE said most of the affected AIE passengers preferred to reschedule their cancelled flights. Image Credit: …

Posted on 09/05/2024

UAE: Gold Prices Inch Higher In Early Trade In Dubai

Gold prices inched higher in UAE at the opening of the markets on Thursday. According to Dubai Jewellery Group data, the 24K variant of th …

Posted on 09/05/2024

Sharjah Charity completes 273 educational projects globally in 2023

The project aims to enhance educational infrastructure in underprivileged countries by constructing classrooms and schools, furnishing them with modern technology such as computers, and providing …

Posted on 09/05/2024

Abu Dhabi Judiciary settles 61.3% of family disputes amicably in 2023

ABU DHABI, 9th May, 2024 (WAM) — The Abu Dhabi Judicial Department (ADJD) was able to amicably resolve approximately 61.3% of family disputes presented to family guidance committees during 2023, …

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