Air Arabia Abu Dhabi marks its one millionth passenger

  Air Arabia Abu Dhabi, the UAE capital’s first low-cost carrier, today marks a major milestone as it celebrates its first millionth passenger at Abu Dhabi International Airport since it launched its operation in July 2020. Having recently celebrated its second successful year of operations, Air Arabia Abu Dhabi has flown 1,000,000 passengers on over […]

Food around the UAE: Six places to try on September 13

  Ladies, if you want an unrivaled night out with your BFFs, try Seven Sisters on the first level of the JW Marriott Marquis. There’s an enticing Ladies Night offer priced at Dh100 (7-10pm) and Dh120 (10pm-1am) for a dish from the Nikkei Fusion Menu as well as unlimited beverages for three hours. Expect a […]

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 the local media showed. The IPO, which opens for subscription today, will offer 1.5 billion shares, which represents 20% of the company’s equity capital. Salik, […]

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 Dhabi Investment Authority (ADIA) focuses almost exclusively on long-term financial returns, ADQ and Mubadala, another Abu Dhabi sovereign fund, have broader objectives, according to Steffen […]

Mubadala raises price to acquire control of Brazil’s Burger King brand owner

SAO PAULO – Brazil’s Zamp SA said on Monday that Mubadala Capital LLC raised the price of a tender offer to acquire control of the company to 1.03 billion reais ($200.91 million). Mubadala’s new offer is for 8.31 reais ($1.62) per share, from the previous price of 7.55 reais per share, which had prompted the board […]

Abu Dhabi hosts the UAE-Bulgarian Business Forum

  The UAE-Bulgarian Business Forum, organised by Abu Dhabi Chamber of Commerce and Industry (ADCCI), concluded its activities which were held in Abu Dhabi. The Forum emphasised the importance of enhancing bilateral relations, and setting new strategic frameworks that drive economic partnerships by stimulating investment in a number of vital sectors. The Forum was held […]

Pak floods: Emergency relief appeal launched in UAE to help victims

Pakistan Association Dubai (PAD) has launched a campaign in the UAE to raise donations for flood victims in Pakistan. Launched in cooperation with Dar Al Ber Society and the Department of Islamic Affairs and Charitable Activities, the UAE residents can donate tents, mattresses, beds, sleeping bags; blankets, bedding, sheets, mosquito nets; dry rations such as […]

Asia Cup in UAE: Sri Lanka beat Afghanistan in first Super Four clash

Sri Lanka came up with a solid batting effort to defeat Afghanistan by four wickets in the Super Four clash of the DP World Asia Cup at the Sharjah Cricket Stadium on Saturday night. Chasing a stiff target of 176, Sri Lanka were well served by their batting line-up as they got over the line […]

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 some cases, several families currently in India are waiting until the ticket prices drop so they could return home to the UAE, travel agents revealed. […]

UAE: BEEAH Group opens new recycling facility to produce alternative green fuel from waste

SHARJAH – BEEAH Recycling, a waste processing and material recovery business under BEEAH Group, has added a new Solid Recovered Fuel (SRF) facility to its state-of-the-art, integrated waste management complex in Al Sajaa, Sharjah. The SRF facility will transform commercial residue waste into a high-quality alternative green fuel in cement factories, where the fuel will […]