The move is line with a previously issued resolution that outlined the regulatory framework for the trading of LPG and its derivatives in Dubai |
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| The acquisition will turn Spotlight Events, which hosts live concerts across the Middle East, as the NASDAQ-listed company’s live events arms |
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| It said both retail and institutional tranches of the IPO were oversubscribed, with total demand reaching up to over AED 35 billion |
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| Post-pandemic trend of wealthy resident Indians seeking to shift to relatively safe places is driving a rush to acquire properties in Dubai |
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| The merged company will benefit from “significant cost and revenue synergies, reduced operating expenses, and better IT platforms to expand its product offerings” |
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| Dubai aims to convert 90 percent of its limo fleet into eco-friendly vehicles by 2026 |
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| MoHAP teams also present at airports to provide free testing, such as blood pressure and diabetes checks to pilgrims, and to inform them of health instructions and guidelines |
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UAE Circular Economy Council’s policies will focus on four main sectors of manufacturing, food, infrastructure and transport |
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| This supports the Dubai Clean Energy Strategy 2050 to provide 100 percent of the emirate’s total power capacity from clean energy sources |
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| The Abu Dhabi Judicial Department (ADJD) met to support efforts in the UAE’s drive to reduce financial crimes |
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| The company earlier said it was going to sell 30 percent of its shares |
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| The “Venturist Entrepreneruship” camp is open to students aged 10 to 18 years old |
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The UAE’s commitment to providing a highly competitive business environment is essential to its long-term vision of economic diversification |
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| With the cost of marine fuel anything but stable, the Middle East should look to renewable energy for a sustainable future |
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| The opportunity presented in regional investment-grade bonds stands out in the asymmetry between the upside and downside at present, particularly in comparison to other markets |
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