Dubai records over $490mln in realty transactions on Monday
Dubai real estate market recorded 482 sales transactions worth AED1.19 billion, in addition 136 mortgage deals of AED580.36 million, and 14 gift deals amounting to AED38.09 million on Monday, data released by the Dubai’s Land Department (DLD) showed. The sales included 391 villas and apartments worth AED800.36 million, and 91 land plots worth AED391.95 […]
Summit puts spotlight on Mideast hospitality sector issues
Leading hospitality industry professionals were in Dubai for a one-day summit hosted by the Hospitality Sales and Marketing Association International Middle East (HSMAI ME) where they discussed its best practices, strategic insights and big ideas for driving revenue and profit. The 5th Annual ROC Commercial Strategy Conference, which concluded yesterday (November 28) at the Conrad […]
Uber appoints Hachem as GM to lead UAE and Levant
Uber has announced the appointment of Pia El Hachem as the General Manager at Uber across the UAE, Jordan, and Lebanon. In her new role, Hachem will be leading Uber’s strategy, operations, policy, and business development, while overseeing the company’s end-to-end business. Hachem has been at Uber since 2018 as the Strategy & Planning Lead […]
EFG Hermes advises on $204mln IPO of Dubai-based Taaleem
UAE – EFG Hermes, a leading investment bank franchise, said its Investment Banking division completed advisory on the $204 million initial public offering (IPO) of Dubai education provider Taaleem. Taaleem has been listed on the Dubai Financial Market (DFM). The Firm acted as Joint Lead Arranger and Joint Global Coordinator on the transaction. Taaleem issued […]
UAE, Cameroon explore opportunities in renewable energy, infrastructure and logistics
YAOUNDÉ, Cameroon – Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has led an Emirati delegation of business, investment, and development leaders to Cameroon to explore opportunities and strengthen UAE-Cameroon ties. The delegation included Mohammed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development, and a number of […]
Daimler Truck teams up with DHL to operate new Dubai warehouse
UAE – Daimler Truck AG has announced that its regional unit, Daimler Commercial Vehicles Mena (DCV MENA) has sealed a strategic, long-term partnership with global logistics provider DHL Global Forwarding for the operations and management of its Daimler Truck Dubai Parts Centre. The deal was inked with the co-operation of Danzas AEI Emirates, a joint […]
Abu Dhabi’s ADSCC performs ‘region’s first stem cell transplant’
Doctors at Abu Dhabi Stem Cells Centre (ADSCC), part of PureHealth Group, have performed the region’s first successful bone marrow transplant on a patient suffering from Multiple Sclerosis (MS). The significant achievement in bone marrow transplantation, performed under the Abu Dhabi Bone Marrow Transplant (AD-BMT) programme, demonstrates a major advance in cell therapy and regenerative […]