Dubai’s plans to have a quarter of all new buildings 3D printed by 2030 are moving closer to becoming reality with specialist local companies talking to contractors and developers to incorporate the …
Sapaad and FlapKap join forces to address restaurant working capital needs in UAE
FlapKap is MENA’s leading Revenue-Based Funding (RBF) fintech solution founded by Ahmad Coucha and Khaled Nassef in 2022. Originally based in Cairo, Egypt, but now headquartered in the UAE, the young …
Parkin IPO: Dubai company could raise $430 million in DFM listing
Parkin, the company set up by Dubai to oversee parking operations, could raise as much as Dh1.57 billion ($428 million) from its initial public offering on the Dubai Financial Market.The price range …
DMCC forges strategic alliance with the World Gold Council to advance gold industry in the UAE
Joint work programme focusing on several key initiatives to drive positive change across the entire gold value chain …
Dubai Seeks to Raise up to $429 Million in IPO of Public Parking Company
(Bloomberg) — The Dubai government’s latest initial public offering sold out as soon as books opened, with investors rushing to snap up shares in the city’s public-parking business. Most Read from …
Dubai: Parkin IPO price range set at Dh2-2.10 per share
Dubai-based company Parkin Co. on Tuesday set the price of Dh2 to Dh2.10 per share for the initial public offering. The company aims to raise Dh1.57 billion through the IPO, which was launched on …
Sharjah Allocates AED 69M to Clear Debts of 131 Citizens
Sharjah announces the approval of AED 69,426,000 to clear debts for more than 100 individuals, following the directives of Sheikh Dr. Sultan bin Muhammad Al Qasimi, Ruler of Sharjah.Read More: Average …
Sharjah Civil Defence: 180 establishments warned on safety violations
A Sharjah Civil Defence inspection team checking compliance to safety standards in industrial areas. File photo. Image Credit: Gulf News File Sharjah: Sharjah Civil Defence has launched a campaign to …
UAE’s non oil business activity picks up in February, PMI survey shows
Non oil business activity in the United Arab Emirates accelerated in February after a slowdown the previous month, helped by a rise in output and business confidence, a survey showed on Tuesday.
UAE: Gold prices continue upward trend as global rates surpass $2,100
Spot gold was up 0.06 per cent at $2,116.1 per ounce as of 9.15 am UAE time, reaching nearly a month high. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Gold surged by about …
UAE President condoles Saudi King on death of Prince Turki bin Abdullah
Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of UAE and Ruler of Dubai, and Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the …
UAE: Aramex electrifies last-mile delivery with new e-bike fleet
Logistics and transportation company Aramex has introduced electric motorcycles (e-bikes) to its last-mile delivery fleet in the UAE. This initiative aligns with the company’s ambitious sustainability …
UAE’s non-oil business activity rises at fastest pace in 5 years
Non-oil businesses in the UAE continued to grow in February owing to an increase in output due to new orders and market demand, a business survey revealed on Tuesday. Businesses reported the sharpest …
Watch: Hailstorm pelts UAE as residents wake up after night of thunder, lightning
In the early hours of Tuesday morning, residents woke up to hailstones blanketing their backyards in the Al Ain region. This followed a night of relentless rain punctuated by thunder and lightning in …
UAE: Causes of death revealed for 7 whales that washed up ashore
Collisions with ships, entanglement in fishing gear, and ingestion of plastic waste led to the death of seven whales that washed ashore UAE coasts, a study has found. Tissues from five Bryde’s whales, …
Dubai’s Parkin sets IPO price range of up to 2.1 dirhams per share
DUBAI, March 5 (Reuters) – Dubai’s Parkin, which oversees public parking operations in the emirate, has set the price for its planned initial public offering (IPO) at 2 to 2.1 dirhams ($0.57) per …
Rublev calls on ATP to review rule that led to default in Dubai
Andrey Rublev has called on the ATP Tour to change the rule that led to him being defaulted at the Dubai Tennis Championships last week.