Borse Dubai to sell $1.6 bln stake in Nasdaq, losing its spot as top shareholder
Borse Dubai Ltd., the largest single shareholder in Nasdaq Inc., plans to sell a part of its stake in a secondary share offering, raising close to $1.6 billion. Borse Dubai is selling 26.96 million shares of the US exchange operator’s common stock at $59 per share, reducing its stake to around 10.8%, according to two […]
Dubai Press Club hosts ninth edition of Emirati Media Forum
Under the patronage of H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, Dubai Press Club (DPC) Yesterday organised the ninth edition of the Emirati Media Forum (EMF). The forum, which featured the participation of Abdullah bin Touq Al Marri, Minister of Economy, […]
Mohammed bin Rashid chairs UAE Cabinet meeting reviewing accomplishments of industrial sector, initiatives supporting labour market
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired the UAE Cabinet meeting at Qasr Al Watan, Abu Dhabi, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court; H.H. Sheikh Maktoum bin Mohammed […]
Mohammed bin Rashid receives Ramadan well-wishers
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, yesetrday received Ramadan well-wishers on the occasion of the Holy Month, at the Al Shindagha Majlis in Dubai. His Highness Sheikh Mohammed bin Rashid, in the presence of H.H. Sheikh Hamdan bin Mohammed bin Rashid […]
UAE and Angolan Presidents discuss enhancing bilateral cooperation
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency João Manuel Gonçalves Lourenço, President of the Republic of Angola. During the meeting at Qasr Al Bateen in Abu Dhabi, His Highness welcomed the visit of the President of Angola, who congratulated His Highness on the occasion of the holy month of Ramadan […]
BREAKING: UAE President directs monthly allowance of 50% of basic salary for imams, muezzins
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed the provision of a monthly financial allowance equivalent to 50 percent of the basic salary for all mosque staff, including imams and muezzins working under the General Authority for Islamic Affairs and Endowments (GAIAE). Dr. Omar Habtoor Al Darei, Chairman of GAIAE, said that […]