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Feriglobe records block trading deal of $101.08mln
The Abu Dhabi Securities Exchange (ADX) announced a block trading deal of AED 371.35 million on the shares of Feriglobe, a joint venture (JV) between ADNOC and OCI. […]
UAE health ministry inks partnership deal with Mediclinic Middle East
The Ministry of Health and Prevention (MoHAP) has signed a memorandum of cooperation (MoC) with Mediclinic Middle East to strengthen mutual cooperation between the Ministry’s National Centre for Health […]
UAE: Collaboration, not competition, creates wins for neobanks, say CEOs
Digital banking apps are shaking things up and introducing a seamless, cost-effective, and flexible way of accessing financial services to customers in the UAE. Although some of the worst […]
Bahrain and UAE review security co-ordination
Public Security chief Lieutenant General Tariq Al Hassan chaired the Interior Ministry’s delegation at the meeting of the Supreme Security Committee of Bahrain and the UAE in Abu Dhabi […]
Dubai’s Salik sets IPO offer price at $0.54
Dubai’s toll-gate operator Salik on Tuesday announced the final price for its IPO at AED2 ($0.54) per share, and could potentially raise AED3 billion in the float, an advertisement carried in […]
Abu Dhabi fund ADQ is pivotal to emirate’s domestic and foreign agenda
ADQ, Abu Dhabi’s newest sovereign fund, has a remit to reshape the emirate’s economy and is key to the oil exporter’s diplomatic ambitions, according to industry experts. While the Abu […]
India-UAE flights: Ticket prices remain high even as schools reopen after summer holidays
Even as the summer holidays end for educational institutions in the UAE, airfares from popular Indian destinations to the Emirates remain sky high, expatriates and travel agents have said. In […]
UAE central bank sanctions exchange house for renting out licence
The Central Bank of the UAE (CBUAE) has sanctioned an exchange house operating in the country for allegedly renting out its licence. The administrative sanctions have been imposed on the […]
Community Development Authority announces additional financial assistance supporting over 1100 minor prior new academic year
Under the directives of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Council, the Dubai Community Development Authority announced […]
Dubai airport’s north runway to reopen on June 22 after 45-day closure
With an extremely tight schedule of just 45 days to complete, Dubai airport’s North Runway Rehabilitation project is currently underway according to plan and is scheduled to open for […]