Abu Dhabi’s Multiply Group has bought a minority stake in Breakwater Energy for Dh367 million ($100 million) to increase its global portfolio. Breakwater Energy is a unit of EIG, a top institutional …
Abu Dhabi’s Multiply Group invests $100mln in EIG’s Breakwater Energy
Multiply Group invests across four verticals: Mobility, Energy and Utilities, Media and Communications, and Beauty and Wellness. Last year, it invested in Dubai utility firm DEWA’s $6.1 billion IPO, …
Surge in demand for Arabic speakers as UAE companies expand into neighbouring countries
There is a big increase in demand for Arabic speakers from companies in the UAE, recruitment experts have said. Recruiters told The National of a surge in requests from businesses to “find us an …
Indian fintech regulatory companies make a mark on global stage
A clutch of startups that offer digital documentation and verification services is now well established in foreign markets.
Uae: Delivery Riders To Get Shaded Areas With Ac, Drinking Water Facilities In Abu Dhabi
The new project aims to provide a suitable work environment for delivery bike drivers by allocating safe spaces with shaded waiting areas, comfortable seating equipped with air conditioning, and …
Uae Accelerates To Net Zero With Nationwide Emissions Reduction Of 40% By 2030
Following the UAE Cabinet’s approval of the Third Update of the country’s Second Nationally Determined Contributions (NDC) under the Paris Agreement …
Sharjah Police honour man for returning a lost wallet full of money
Colonel Abdullah Rashid Alai Al Naqbi, Head of Wasit Comprehensive Police Station in Sharjah, honoured Malak Mohammed Salim Awan, Asian, in recognition of his cooperation with the police, his honesty …
Sharjah Launches Quick ‘One-Day Test’ for Getting Driver’s License
To make getting a driver’s license easy and quick, Sharjah Police has launched the ‘One-Day Test’ initiative, allowing applicants to give preliminary and …
Every company in the UAE will soon employ a local, says expert
New rules announced on Emiratisation essentially means all firms in the country will soon employ a UAE national, a leading employment expert has said. The Ministry of Human Resources and Emiratisation …
TikToker Wanted by the UAE After Flexing His Wealth in Car Showroom
The man proceeds to walk through the showroom alongside a man who identifies as the showroom’s owner while distributing cash to showroom employees “in a way that reveals imprudence and lack of …
VARA, Dubai Crypto Regulator, Makes BitOasis License Non-Operational
Dubai cryptocurrency regulator, VARA, has suspended the license of BitOasis because the exchange failed to fulfill certain conditions.
NWTN Signs MOU with Abu Dhabi Department of Economic Development to Promote the Auto Industry in Abu Dhabi
Under the terms of the MOU, NWTN has agreed to establish and construct an integrated production line, as well as to expand its factory in the Emirate of Abu Dhabi in adherence to the highest …
Sharjah Police launch ‘one-day test’ initiative to obtain driver’s licence
Sharjah Police have announced a new initiative called the ‘One Day test’ for driver’s licence tests together. The initiative will integrate preliminary and civil tests on the same day, allowing …
Dubai’s Taaleem Holdings posts $54.5m in 9M 2023 net profit
Dubai’s Taaleem Holdings said its net profit in the nine months to the end of May surged by 34.9 per cent to $54.5m (Dhs199.8m), driven by a surge in student enrollments and hig …
Federal Tax Authority and Abu Dhabi Police Special Patrol Department review results of the seizure of contraband goods
The Federal Tax Authority (FTA) held a meeting with the Abu Dhabi Police’s Special Patrol Department at FTA’s headquarters in Abu Dhabi to strengthen th …
Blow to William Ruto as Govt-to-Gov Oim Import Deal with UAE Fails to Lower Pump Prices, Strengthen Shilling
William Ruto’s administration signed a nine-month deal with international oil producers to import oil on credit, to ease dollar pressure on the Kenya shilling.
Dubai Customs honors distinguished clients in monthly ceremony
Hashimi, Executive Director, Customer Management Division (Acting), and Edris Behzad, Director of Client Happiness Department attended the ceremony …