Abu Dhabi’s ADNOC invites banks to pitch for gas business IPO -sources
Abu Dhabi National Oil Company (ADNOC) has invited investment banks to pitch for roles in the initial public offering (IPO) of its gas business next year, two sources familiar with the matter told Reuters. Bankers familiar with the matter said a request was sent to a select number of banks last week for […]
UAE President receives acting Defence Minister of Afghanistan
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Afghanistan’s Acting Minister of Defence, Mullah Mohammad Yaqoob, today, at Qasr Al Shati Palace. The meeting addressed cooperation relations and issues of interest. WAM (Emirates News Agency)
UAE President attends ‘March of the Union’ marking 51st National Day
President His Highness Sheikh Mohamed bin Zayed attended today the ‘March of the Union’, which is being organised in Al Wathba by the Presidential Court to mark the UAE’s 51st National Day, with the participation of tribes from across the country. Representing various emirates and regions in the UAE, participants in the March […]
9 in 10 consumers in MENA bought products online this year: Survey
Ecommerce in the Middle East and North Africa (Mena) is growing at an unprecedented pace, with a recent report showing that 91% of consumers in the region bought products online in the past year. The report, released by global payments solution provider Checkout.com, shows that one in five consumers across Mena purchased retail products online more […]
Stats Group wins big Abu Dhabi subsea pipeline project work
UK-based Pipeline technology specialist Stats Group said it has been commissioned by UAE-headquartered oil and gas EPC contractor National Petroleum Construction Company (NPCC) to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project, on behalf of a national operating company. Stats said the project win is the […]
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 […]
Dubai launches new guide for real estate brokerage units
The Real Estate Regulatory Agency (Rera), the regulatory arm of Dubai Land Department (DLD) has launched a new guide to educate real estate brokers on relevant procedures and raise their professional competence. The ‘Real Estate Brokerage Practice Guide’ was released at the recent Cityscape Dubai 2022 expo held in strategic partnership with DLD at the […]
Arada launches 566 woodland villas within Sharjah megaproject
UAE developer Arada has announced the launch of the fourth phase of its mega woodland community development – Masaar – in Sharjah. Azalea features a total of 566 homes ranging from two-bed townhouses to six-bed villa units. Annoucing the project launch, Arada said the release of Azalea was brought forward due to the rapid sell-out […]
Rebound Plastic Exchange to support GCC to combat waste
Rebound Plastic Exchange, a global B2B digital trading platform for recycled plastics, is ready to support GCC, which generates about 130 million tonnes of waste per annum, to achieve sustainable waste management. Currently, it is estimated that it will take $60-85 billion invested across four key value streams, plastic, concrete and cement, metal, and bio-waste […]