Abu Dhabi’s sovereign wealth fund is selling its holding in NZX-listed landlord Precinct Properties New Zealand for $261 million, according to stock exchange announcements.Precinct, which owns the $1 …
Al-Attiyah maintains overall lead at Abu Dhabi Desert Challenge
Nasser Saleh al-Attiyah finished in second place in the Stage 2 of the Abu Dhabi Desert Challenge to maintain his overall lead. The Qatari star driving a Hunter Prodrive car alongside his French …
Sharjah Chamber concludes participation in Sohar Investment Forum 2024
The Sharjah Chamber of Commerce and Industry (SCCI) has successfully wrapped up its participation in the Sohar Investment Forum 2024, held on February 26 and 27 in Sohar, North Batinah Governorate, …
Former FTX & Alameda Execs Secures $17 Mln Funding For Dubai Crypto Startup
Former FTX and Alameda employees acquired $17 million funding for a Dubai crypto startup amid Sam Bankman-Fried’s incarceration.
FTX, Alameda Alums Raise $17 Million for Crypto Exchange Startup
Backpack, a Dubai-based company which also offers a crypto wallet and an NFT collection called Mad Lads, said it reached a $120 million valuation with the Series A round. Armani Ferrante, its chief …
Khabib Nurmagomedov’s “Scam” After Crypto Troubles Lands UFC Star in Trouble With Fans – “This Is Not Father’s Plan”
On his X (Twitter) post, he wrote, “Wahed is now live in the UAE and we are offering a $20 bonus when you … It Together” The post Khabib Nurmagomedov’s “Scam” After Crypto Troubles Lands UFC Star in …
SeaWorld Parent United Parks Sees Dip In Q4 Revenue But Was ‘Extremely Well Received’ In Abu Dhabi, CEO Says
Launch of first SeaWorld Park outside the US in Abu Dhabi exceeds expectations, alongside significant park investments.. Q4 Attendance was 5 million guests, an increase of ~23,000 from last year’s …
ADGM and Etihad Airways collaborate to boost Abu Dhabi as a global business hub
Abu Dhabi Global Market ADGM the International Financial Centre IFC of the UAEs capital announced the signing of a Memorandum of Understanding …
Activists Criticise Civil Society ‘Restrictions’ at WTO Meeting in UAE
Some civil society participants at the WTO talks have drawn comparisons to the United Nations COP28 climate conference held in Dubai last year. Limited protests were permitted at the COP28 site, but …
UAE: Hailstorm alert issued for Al Ain, adverse weather expected in parts of Abu Dhabi
The UAE Met Department on Wednesday issued a hailstorm alert for Al Ain and has forecast light to heavy rain in parts of Abu Dhabi. The National Centre of Meteorology (NCM) has forecast light to heavy …
Dubai’s sky-high aspirations find a new outlet as it hosts a jet suit race for ‘Iron Man’ pilots
Pilots lined up on a runway in Dubai on Wednesday and fired up their seven jet engines with an ear-splitting roar. But they weren’t preparing to fly an airplane — they were the aircraft. This …
Sharjah government tightens price guidance for 12-year bond sale, document says
The government of Sharjah has tightened price guidance for its 12-year benchmark-sized U.S. denominated senior unsecured sustainable bond issuance, a lead bank document showed on Wednesday. The price …
Medical centrein Abu Dhabi pays Dhs100,000 in compensation for causing burns
Abu Dhabi Court of Family, Civil and Administrative Cases obligated a centre specialising in laser hair removal, and a nurse working for it, to jointly compensate a person with Dhs70,000, as they …
High Court judge forced to go to UAE to take evidence from sanctioned Russian oligarch
Ratcliffe A High Court judge is to travel to the United Arab Emirates (UAE) to take evidence from a sanctioned oligarch as part of a £1bn battle over a Russian chemicals business. Andrey Guryev, an …
Andy Murray loses to fifth-seeded Ugo Humbert at Dubai Championship
Fifth-seeded Ugo Humbert eased past Andy Murray 6-2, 6-4 to reach the quarterfinals of the Dubai Championships.
Andy Murray says he’s unlikely to play ‘past this summer’ after loss to Humbert in Dubai
DUBAI, United Arab Emirates (AP) — Two-time Wimbledon champion Andy Murray reiterated Monday that he is likely to retire from tennis before the season is over. “I’m likely not going to play past this …
Abu Dhabi witnesses a 67% annual increase in the number of AI company registrations from 2021 and 2023
Abu Dhabi eagerly anticipates harnessing the benefits of utilizing AI systems and applications, with a focus on serving humanity and promoting sustainable development. The Abu Dhabi Chamber emphasizes …