Nio published a press release before the market opened today announcing that it was on track to receive a new round of investment funding from CYVN Holdings — an Abu Dhabi-based holding company. Per the agreement,
UAE welcomes 6th group of wounded, cancer patients Palestinians
The sixth group of wounded Palestinian children and cancer patients arrived in the UAE in implementation of the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to provide …
Arista Properties makes an inaugural entry into the UAE
With its first project located at MBR City, Arista has brough on board architect firm Hirsch Bedner Associates and One Broker Group as agency partner …
Experience Abu Dhabi invites visitors to “Find Your Pace” via new global campaign
Experience Abu Dhabi, the destination brand of the Department of Culture and Tourism – Abu Dhabi, has unveiled Find Your Pace. The new global campaign inspires curiosity for every type of traveller to …
An Abu Dhabi investor has bet $2.2 billion on Chinese EV maker Nio’s resurgence
Chinese electric vehicle maker Nio just got a $2.2 billion funding boost from Abu Dhabi–based CYVN, even as its stock struggles to breach the $10 mark.
Abu Dhabi Media launches studio with flexible, movable video walls
Abu Dhabi Media (شبكة أبو ظبي للإعلام) has upgraded its broadcast capabilities with the introduction … Read More
MPs step up pressure on Dowden to intervene in UAE Telegraph bid
Deputy prime minister told to invoke national security to call in Abu Dhabi-backed bid for the Telegraph titles, but he is ‘unforthcoming’ on the demands …
Sheikh Mohamed Bin Zayed bolsters trust in UAE’s financial system
President His Highness Sheikh Mohamed Bin Zayed Al Nahyan has issued Federal Decree-Law No. (56) of 2023 on establishing the UAE Accountability Authority. The new Authority will replace the Supreme …
UAE President issues decree to establish Accountability Authority
The Accountability Authority is the supreme authority for financial control, auditing, integrity and transparency in the country.
This ‘Dubai Bling’ Star Is Literally Nicknamed The ‘Queen Of Versace’
Netflix’s “Dubai Bling” just dropped its second season. Here’s what to know about the wealthy cast including Loujain Adada, Safa Siddiqui, and Mona Kattan.
UAE: Up To Dh5m Fine, Life Imprisonment For Violating Money-Laundering, Terror Financing Laws
Companies and individuals must step up their efforts to adhere to UAE’s anti-money laundering and combatting financing of terrorism (AMLCFT) laws in …
This UAE Official Dreams Of A National Cricket Team Of All Emirati Players
Abbas also dreams of a UAE cricket team featuring UAE nationals. The newfound interest in cricket in his family and a new cricketer in Mansoor, his nine-year-old son, have inspired Abbas to dream big.
Dubai: 26-Yr-Old Cricket Super Fan Gets Dream Chance To Meet Idols At IPL Auction
Celebrities like Nita Ambani, who is known for her successful player acquisitions, and the co-owner of Punjab Kings and former actress Preity Zinta walked the aisle alongside cricketing stalwarts.
Abu Dhabi’s CYVN Will Soon Own More NIO Stock Than CEO William Li
Nio (NYSE:NIO) stock received a helping hand yesterday after the Chinese electric vehicle (EV) company announced that Abu Dhabi government majority-owned fund CYVN Holdings agreed to invest $2.2 billion into the EV firm. In exchange, Nio will provide CYVN …
Abu Dhabi Becomes ‘Daily Davos’ as Asset Managers Hunt for Cash
Some of the world’s top alternative asset managers have been flooding the Middle East in search of cash — and they’re not stopping at state money, according to one family office executive in the region.
Austria’s Kurz to ‘Post’: UAE’s COP28 multilateral diplomacy helps Middle East
Cooperation between Israel and the United Arab Emirates can and should be a model for the entire region, Sebastian Kurz writes.
UAE passport is the hot golden ticket for global power players
Ray Dalio and DJ David Guetta are among those with Emirati papers promising access to the men in charge of the Gulf’s oil wealth.