As we navigate through tempestuous times in the financial markets, world-class sophisticated investors continue to take long term position in Dubai real estate market.
Abu Dhabi’s IHC to sell stake in Adani units
ABU Dhabi conglomerate International Holding Company (IHC) said on Thursday (Sep 28) it would sell its stake in India’s Adani Green Energy and Adani Energy Solutions as part of its portfolio …
Abu Dhabi’s IHC sells its investments in Adani Green, Adani Energy Solutions
IHC said the decision to dispose FDI investments in the two Adani Group firms is part of its overall portfolio rebalancing strategy …
Abu Dhabi’s IHC to dispose stakes in Adani units
IHC subsidiaries Green Energy Investment Holding RSC Ltd. and Green Transmission Investment Holding RSC Ltd., have entered into a definitive agreement with a buyer to dispose of their FDI investments …
UAE and France agree to establish affiliation in new economic sectors
The meeting took place during the visit of a UAE delegation, led by Bin Touq, to France to develop economic partnerships in sectors of mutual interest, building on the strategic partnership between …
UAE request for SA to redo Gupta extradition application stalling process – dept
This after the brothers were released earlier this year after a failed extradition bid by South Africa to bring the brothers back from the UAE.
Dubai welcomes the ultimate K-beauty experience with the grand opening of ‘K-BEAUTY ON DUBAI’
As the beauty industry continues to thrive in the dynamic city of Dubai, “K BEAUTY ON DUBAI” promises to set new standards in premium cosmetics, offering a unique blend of quality products and …
Egypt Signs Local-Currency Swap Worth $1.4 Billion With UAE
Egypt signed a local-currency swap agreement worth around $1.4 billion with the United Arab Emirates, as the North African nation seeks ways to ease an economic crisis.
A dream spell to cherish for UAE skipper Chaya Mughal
Just-retired all-rounder says consistency is the key to success Chaya Mughal, UAE women’s team captain, led UAE to victory in her last match at Dubai International Stadium on Tuesday. Image Credit: …
Priority Pass Finds That Half Of UAE Travellers Experience The Fear Of Switching Off (FOSO)
Half (49%) of UAE residents experience FOSO: The Fear of Switching Off. That’s according to new global research from Priority Pass – the original and market-leading airport experiences programme, …
Dubai remains Russian shadow tanker hotbed
Dubai is the operating nexus for so-called shadow Russian crude oil shipments, according to a new report from the Centre for Research on Energy and Clean Air (CREA), a Helsinki-based research …
Dubai gold pricing: Why an attraction for gold enthusiasts?
Dubai is a great place to buy gold for its competitive prices, wide variety of gold, quality assurance, tax-free shopping, and safe and convenient shopping …
What’s the weather like in Dubai and Abu Dhabi in October?
Another sizzling UAE summer has drawn to a close with the arrival of autumn set to be accompanied by cooler temperatures and a chance to venture outside more comfortably, particularly at night. It’s …
UAE court grants $1mn compensation to energy drink brand Power Horse
This legal battle came from a Moral Damages Claim initiated by Power Horse, following a partnership agreement with Anorka to launch and market a coffee-based energy drink …
UAE leaders extend condolences to President of Iraq over victims of fire
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has sent a message of condolence to President Abdul Latif Rashid of Iraq over the victims of..
UAE strengthens economic and trade cooperation with Malaysia
The meeting was part of a visit to the UAE by a delegation of Malaysia’s leading trade officials. During the discussions, Al Zeyoudi commended the strong relations between the two countries and …
UAE and Malaysia discuss investment after $2.2bn H1 trade
The UAE and Malaysia are exploring deeper trade ties, following a recent growth in non-oil bilateral trade, which was more than $2.226bn during the first half of 2023. Dr. Thani bin Ahmed Al Zeyoudi, …