The share sale comes just a few months after state-owned ADNOC raised $2.5bn in the listing of its gas business
The healthcare services provider said its revenues surged by 11.6 per cent year-on-year to Dhs1.1bn in the first quarter of 2023
URB unveils ‘Dubai Reefs’, a floating living lab for marine restoration and ecotourism
Global crude oil prices declined in the first quarter of 2023 mainly driven by macroeconomic events contributing to market volatility
The completion of the transaction is expected to further strengthen PureHealth’s vision towards becoming a leading global player in healthcare
India remained DXB’s top destination country with passenger traffic reaching three million, followed by Saudi Arabia, the UK and Pakistan
The city’s non-oil sectors witnessed significant growth of Dhs43bn in 2022 and contributed 50 per cent to the overall GDP
The utility company’s revenue for the first three months of the year hit Dhs5.44bn, up 7.3 per cent year-on-year
Both entities will work to address the challenges faced by the agtech sector by connecting businesses with startups offering technology-based solutions
The firm is in early talks with banks and stakeholders, John Pagano, chief executive of Red Sea Global, said in an interview, without disclosing details on advisers, banks or valuation
The ‘C’ wink and bold green remain central to the company’s new brand identity, with the notable logo only slightly tweaked
The agreement covers cooperation in nuclear energy operations, in high-temperature gas-cooled reactors and fuel supply and investment
The contribution from ADFD towards this strategic project amounts to Dhs110m
Established in 2016, Badia Farms’ sustainable farming techniques produce fruits and vegetables without sunlight or soil
The UAE Cabinet’s resolution has expanded ADGM’s jurisdiction to Al Reem island in addition to Al Maryah island
The new-build Kimpton Riyadh will be located within the King Abdullah Financial District
The bank’s credit guarantee scheme aims to help SMEs overcome challenges in accessing financing from conventional banks
Economic expansion was driven by a 5.8 per cent increase in non-oil activities
The airline is planning to debut flights to five new cities including London, Christchurch, Sydney, Melbourne and Auckland
Saudi banks stand to remain on a profitable path in 2023 with corporate lending continuing to drive credit growth in the sector
UAE’s tourism sector defies odds to attract record tourist numbers over the past year
Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade held one-on-one meetings with Austin-based startups, which are deploying technologies such as AI, blockchain and quantum computing
The 1,500 key property will be located in the emirate of Ras Al Khaimah
The state investor said the deal is in line with its strategy to create long-term value by optimising a global portfolio of investments
Spreading across 10,000 sq ft and with a total capacity of 80 desks, Cypher Hub is specifically designed for Web3 founders and entrepreneurs to collaborate, network and partner
The meeting took place as part of the Comprehensive Strategic Partnership Initiative launched last year
The enactment of the new regulations supports the DIFC Launchpad by providing a legislative framework for venture building
To determine a company’s exposure to climate-related risks investors need non-financial data, unlike for traditional types of financial risk
The property firm said its investment in SODIC was one of the largest foreign investments in the Egyptian real estate sector
The open banking platform plans to use the proceeds of the Series A funding round to accelerate growth in Saudi Arabia