The acquisition leaves Arada’s fitness and wellness division with a valuation of AED1bn ($272m), with its four brands now operating a total of 15 flagship and standard-scale gyms and studios across …
UAE: Donald Trump’s son says Bitcoin will bring about financial revolution
Bitcoin is going to bring about a financial revolution by giving liberty to those who are “left behind” by the traditional banking system. That is accordin..
UAE: Could space provide solution for knee and heart problems?
Former Nasa official sheds light on leveraging space as a ‘laboratory’ for regenerative medicine at Abu Dhabi Space Debate …
Du and Nokia forge strategic alliance to accelerate digitization with 5G private networks
New partnership will enable an enhanced offering which includes tailored private network solutions that cater to specific operational requirements across various sectors …
UAE and China bilateral trade rises 7% in first nine months of 2024 to $74.6 billion
The bilateral trade between the UAE and China in the first nine months of this year rose 7.2 per cent to reach $74.6 billion amid the strengthening of economic ties between the two countries. “The UAE …
Introducing the 7th Edition of the FiNext Awards & Conference February 10-11, 2025, in Dubai
InternetShine Technologies is excited to announce the highly anticipated seventh edition of the FiNext Conference, set to take place in the …
Private clubs and boarding schools: Abu Dhabi’s plan to attract ultra-wealthy
Abu Dhabi is targeting the ultra-wealthy with private clubs, elite schools, and revamped banking, aiming at those considering leaving the UK …
Abu Dhabi’s US$1 trillion fund seeks more innovation in private credit
Abu Dhabi’s US$1 trillion sovereign investor called for more innovative products including exchange-traded funds in the private credit market, where it’s been ramping up bets in recent years. Read …
SEC reviews Sharjah’s GDP, gainsninsight into economic performance
Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, the Crown Prince and Deputy Ruler of Sharjah Chairman of the Sharjah Executive Council (SEC), presided over …
Chinese companies flock to Dubai as UAE-China trade tipped to reach $200bn by 2030
Dubai has remained a top destination for Chinese investments, ranking among the top three globally for investment value. The UAE is China’s second-largest trading partner (2022-2023). Trade between …
Company Formation in UAE: Your Gateway to Business Success
The United Arab Emirates (UAE) has emerged as a global hub for entrepreneurs and corporations, offering unmatched opportunities for business growth and lifestyle benefits. If you’re …
Christmas hopes fade for ‘devastated’ NI man held in Dubai
Craig Ballentine, from Cookstown, County Tyrone, was arrested in Abu Dhabi airport in October because he posted critical comments about his former employer in Dubai. He said he has paid a fine and …
Talabat Drops in Dubai Debut After Gulf’s Biggest 2024 IPO
Talabat Holding Plc’s shares lost ground after the food delivery firm’s $2 billion initial public offering in Dubai, adding to a slate of recent disappointing debuts for listings in the Middle East.Mo …
Marshall Wace Joins UAE Hedge Fund Rush With Abu Dhabi Office
Marshall Wace, one of London’s biggest hedge funds, has joined the flurry of global investment firms expanding to the United Arab Emirates capital.
Marshall Wace latest hedge fund to open Abu Dhabi office
Marshall Wace also has offices in London, New York, Hong Kong, Shanghai and Singapore. The firm runs assets across quantitative, systematic and fundamental strategies, specializing in long/short …
DIFC strengthens its position as top financial hub
Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has strengthened …
UAE: Talabat shares drop 6.8% on Dubai market debut
Talabat was the last big company in a series of initial public offerings (IPOs) that hit the UAE markets this year …