DUBAI (Reuters) -Abu Dhabi wealth fund ADQ and Sotheby’s majority owner Patrick Drahi will invest $1 billion in the auction house in a deal that will see ADQ acquire a minority stake in the company, …
Abu Dhabi Will Acquire a Minority Stake in Sotheby’s Auction House
ADQ, Abu Dhabi’s sovereign wealth fund, has signed a definitive agreement to acquire a minority interest in Sotheby’s, the auction house announced. Its owner, the telecom billionaire Patrick Drahi, …
‘More vacations, time with kids’: How 3-day weekend changed life for employees in Sharjah
Working in the Sharjah Government for four days has improved the quality of my work, and gave me more time to spend with my children. I have become more organised in taking vac …
UAE: Mohamed Bin Zayed University for Humanities and Global Peace Foundation Indonesia plan strategic joint initiatives
The delegation from the Global Peace Foundation Indonesia was headed by its president, Dr. Shafruddin Campo, and was received by Dr. Khalifa Mubarak Al Dhaheri, Chancellor of the MBZUH, at its …
UAE Orders Trial Of Dozens Of Alleged Gang Members
The United Arab Emirates has ordered more than 100 alleged members of a criminal gang to stand trial, state media said Friday, following an increase in mass convictions in the Gulf state.
UAE: Al Ansari’s net profit totals AED205 million in H1 2024
In H1 2024, the group recorded AED136 million in EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortisation), a decline of 8 percent year-on-year (YoY).
UAE’s In-Country Value programme redirects $13bn to national economy in first half of 2024
The UAE Ministry of Industry and Advanced Technology’s national In-Country Value (ICV) programme, which seeks to support domestic industrial growth, redirected more than Dh48 billion ($13.1 billion) …
Chanel Ayan Has ‘Love’ and ‘Respect’ for Lesa Milan Ahead of Dubai Reunion
Ayan still cares for Lesa. The post Chanel Ayan Has ‘Love’ and ‘Respect’ for Lesa Milan Ahead of Dubai Reunion appeared first on Reality Tea.
Dubai: Cinema at popular mall ‘permanently closed’
The movie theatre, which primarily serves residents in Discovery Gardens and other communities in the south, had been shut since July 31 …
EAD launches e-linking system to monitor stack emissions in Abu Dhabi’s industrial, energy, oil, gas sectors
Ahmed Mohamed Al Rumaithi, Under-Secretary of the Abu Dhabi Department of Energy (DoE), said, “We are proud to see the linking project launched by the Environment Agency – Abu Dhabi. This is a …
Designated terrorist Landa’s brother extradition from UAE, arrested
Tarsem Singh is wanted in connection with an RPG attack on the Intelligence Headquarters of the Punjab Police in Mohali and other cases, said NIA
Renty: Brining the luxury car rental industry in the UAE to a whole new level
The company was established in 2018 by the visionary entrepreneur Yevhen Parokhod and has become one of the premier luxury car rental services in the UAE. Initially, Renty originated as an online platform aimed to simplify and enhance the car rental …
An exclusive Michelin star event is coming to Abu Dhabi for one weekend only
On September 6 and 7, the French dining temple, Bord Eau, will host an exclusive Four Hands Dinner featuring none other than Michelin-starred maestros Nicolas Isnard and Ludovic Turac. Yes, you read …
Ex-dividend, poor earnings weigh on Dubai; Abu Dhabi slightly higher
Dubai’s stock market closed flat on Friday for a second straight day, while rising oil prices and global recovery pushed Abu Dhabi’s benchmark index higher.
Dubai’s Golden Visa: Here’s why India’s richie rich are moving to UAE
Dubai has surpassed iconic cities like New York, Miami, and Paris in terms of being a preferred destination for expatriates …
The ultimate indoor activities guide for summer in Dubai
As the temperatures soar for the next few months, keeping ourselves entertained with indoor activities throughout the summer months.
Dubai Customs completes radiation safety assessment of container scanning devices in record time
The aim was to ensure the health and safety of the department’s employees, particularly those working in customs inspection …