Abu Dhabi’s Department of Municipalities and Transport (DMT) has partnered with Mubadala and Abu Dhabi Department of Education and Knowledge (ADEK) to expand the Abu Dhabi Canvas initiative, designed …
Sharjah Ruler Sheikh Sultan attends launching of 2nd edition of SICALE
The Ruler of Sharjah warmly welcomed a diverse gathering of scholars and researchers from across Europe at the conference, sharing his profound joy over the completion of the volumes of the Historical …
boAt’s Aman Gupta confirms IPO plans for 2025, global expansion in UAE
Wearables brand boAt is preparing for a big leap in 2025 with an IPO on the horizon, co-founder Aman Gupta revealed at the ET Soonicorns Summit in Bengaluru. Gupta shared that the company is working …
UAE public joint-stock companies hand out $16.8bn in dividends
Securities and Commodities Authority reveals cash dividends and bonus shares for public joint-stock companies in the UAE …
Dubai Police Sponsor Umrah Trip For Over 70 Employees, Retired Staff
The Umrah pilgrimage trip for 76 employees and retired staff of the Dubai Police, including both men and women, will be full sponsored. This will be the seventeenth batch to embark on this journey, …
Mullen Automotive Gears Up $210M EV Deal In Dubai – Delivers First Units To Volt Mobility
Mullen team present in Dubai this week for delivery of first EV vehicles. Mullen recently executed a 1-for-100 reverse stock split to meet Nasdaq compliance and will begin production of the Bollinger …
President of Boeing Defense, Space and Security leaving company
Ted Colbert, the president and CEO of Boeing Defense, Space & Security, will be leaving the beleaguered company, Boeing announced Friday.
Dubai ranks among top 5 in global shipping index for fifth year
Dubai is the only Arab city among the top 20 listed in the 2024 International Shipping Centre Development Index …
Huawei and du Commercially Deploy the First Indoor 5G-Advanced Network in the Middle East
Huawei, in partnership with du, from the Emirates Integrated Telecommunications Company (EITC), have deployed the first indoor 5G-Advanced Network in the Middle East.
Inside the secretive world of offshore finance
Offshore financial centers provide foreign companies and the uber wealthy a place to stash their wealth under favorable financial conditions.
Translumina Therapeutics, India’s largest domestic player in the coronary stents market, announces the initiation of direct operations in the UAE
Translumina was incorporated in 2011 as a sales & marketing company specialising in coronary intervention devices. Since its inception, the company has successfully established their own manufacturing …
Opalesque Roundup: Traditional hedge funds management fees remain higher than bespoke strategies: hedge fund news
In new launches, Britney Lam, head of long-short equities at the Dubai-based Magellan Capital Holdings, discusses the launch of a $700 million multi-strategy hedge fund set to be one of the largest …
Shaping Sharjah’s transformation: Shurooq CEO shares insights
Ahmed Obaid Al Qaseer says Shurooq is harnessing Sharjah’s economic potential while implementing initiatives that boost tourism and investment.
Alphabeta Properties unveils Q-East: Transforming Al Quoz with a visionary development
Alphabeta Properties, a leader in Dubai’s real estate market, is proud to announce the launch of its latest flagship development, Q-East. This ambitious project is set to revolutionize Al Quoz, an …
Dubai free zone to host record diamond auction, 50,000 carats on sale
DMCC (Dubai Multi Commodities Centre) and Rapaport Diamond Corporation have announced the largest polished diamond auction in Dubai history by number of lots. More than 3,200 lots of polished diamonds …
Dubai International Financial Centre a hub for brokerage firms
Salmaan Jaffery, Chief Business Development Officer, DIFC Authority, said, “We welcomed 12 new international brokerages to DIFC during 2023. The consistent inflow of top firms underscores Dubai’s …
Dubai real estate developer eyes Abu Dhabi expansion with 2 Reem Island properties
Dubai real estate developer MERED is strengthening its footprint in Abu Dhabi by acquiring two adjacent prime waterfront plots on Al Reem Island. This acquisition highlights MERED’s continued success …