Nasdaq said on Tuesday that Borse Dubai will sell shares worth $1.6 billion in the U.S. stock exchange operator, reducing its stake to 10.8% from 15.5% and making it the company’s second-largest …
Dubai’s InsuranceMarket.ae goes viral as highway ads takeover city, CEO confirms ‘significant investment’
InsuranceMarket.ae, which has been operating in the UAE insurance sector since 1995, provide insurance services to individuals and companies Dubai’s InsuranceMarket.ae has been in the limelight, …
Fakeeh University Hospital elevates emergency services in Dubai with advanced medical centre
This development solidifies the hospital’s esteemed position as a premier provider of critical and emergency care services, underscoring its dedication to promoting community well-being and health …
Dubai’s desert resort extravaganza: Top accommodations for a comfortable stay
Each suite, complete with a private pool and panoramic desert vistas, offers both seclusion and luxury. Guests can partake in falconry, camel treks, or unwind in the Timeless Spa. The resort’s …
Dubai ranked fifth globally and first in Arab World in UN E-Government Survey 2022
Dubai has achieved outstanding results in the Local Online Service Index (LOSI) 2022 issued by the United Nations as part of its bi-annual E-G …
Adnoc revamps bid process for $4 billion-plus offshore expansion scheme
Abu Dhabi National Oil Company (Adnoc) has reworked the bid process for a huge offshore expansion scheme, involving the expansion of its Lower Zakum offshore oilfield, as the oil-rich emirate prepares …
Woman beggar using witchcraft arrested in Dubai
The woman’s arrest took place as part of the “Combat Begging” anti-begging campaign, which the Dubai Police launched in collaboration with strategic partners. The primary objective of this campaign is …
InterContinental Residences Dubai Business Bay to open in June 2024
InterContinental Residences Dubai Business Bay will open in June 2024. Part of IHG Hotels & Resorts, it will have 176 hotel units, including studios, one-bedroom, two-bedroom, and three-bedroom …
UAE Crypto Investors Realised Estimated Gains Of $200 Million In 2023
(MENAFN- Khaleej Times) Investors in the UAE realised capital gains totalling $204 million from their crypto investments last year, data shows. 2023 proved to be a year of strong recovery for global …
Monroe to Open Abu Dhabi Office, Hires For Middle East Push
Private credit lender Monroe Capital is finalizing plans to establish an office in Abu Dhabi in an effort to expand into the Middle East, according to a person familiar with the matter. The company …
Nasdaq stock falls as Borse Dubai set to sell shares in secondary offering
Shares of Nasdaq fell more than 2% in extended trading on Tuesday following the announcement of a secondary share offering that will allow Borse Dubai to slash its minority stake in the U.S. stock …
Join Dubai’s Greatest Night Run, The Super Sports Night Run!
Looking to get some extra exercise in this Ramadan? Join the Super Sports Night Run Series this Ramadan, run on the historic Meydan Royal Bridge and take in the sights and sounds of Dubai at …
Fintech mobility startup secures $100m funding
Now based in its new headquarters in the UAE, an emerging nexus for entrepreneurship and innovative startups, the evolving partnership between Moove and Mubadala stands as a prime example of how …
Errant butcher shop shut for violation of food safety rules in Abu Dhabi
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA … Details of the incident which took place at Dubai International Airport date back to January 2022, when a customs inspector at the …
Borse Dubai Plans to Sell $1.6 Billion of Its Stake in Nasdaq
Provided Borse Dubai continues to own at least 10% of Nasdaq’s outstanding … shareholder in Nasdaq and are invested in the success of the company.” Investor’s Business Daily …
Abu Dhabi real estate boom: transactions hit $23.7bn last year as sales activity grows 160%
Abu Dhabi real estate transactions reached a record AED87.1bn ($23.7bn) last year, according to the Abu Dhabi Real Estate Centre (ADREC). The dedicated affiliate of the Department of Municipalities …
Lewis Hamilton would be “willing to reclaim” Max Verstappen’s Abu Dhabi 2021 F1 title by losing the 2008 crown to Felipe Massa – Peter Windsor
It was well over two seasons ago when Lewis Hamilton lost the 2021 F1 Abu Dhabi GP on the final lap against Max Verstappen. The latter was crowned world champion and Hamilton lost the chance to win a …