The Abu Dhabi-listed firm said it “continually reviews relevant market opportunities with the objectives of maximising shareholder value”
The announcement comes just ahead of a June 1 meeting in Vienna of the OPEC+ alliance
The team at NBK Capital Partners will join the $353bn asset manager as the firm’s new emerging markets private capital division
As the UAE’s premier motorsport and entertainment venue, Dubai Autodrome hosts some of the largest motorsport grids in the region plus a host of international events
The Gulf state posted a budget surplus of QAR1.4bn in the final quarter of 2023, which was used to reduce public debt
The hospital group is offering 49.8 million shares, equivalent to 21.47 per cent of the company’s total issued share capital
The iVestor App allows direct subscription to both public and private offerings, enhancing investment accessibility in the region
Dubai government’s directive for remote work applies to all government employees in the emirate, except for those in essential roles
Vale and Manara Minerals is a joint venture between Saudi Arabian Mining Company, Ma’aden, and Saudi Arabia’s Public Investment Fund
Sales of units at the first phase of Athlon will launch on May 7, with prices starting from Dhs2.8m
Leveraging favourable market conditions and investor appetite, ADQ’s bond issuance garnered significant interest
The statistics authority estimated that oil activities plunged by 10.6 per cent in the first quarter compared to the same period a year ago
Emirates notified passengers of flights being rescheduled due to adverse weather conditions
Education authorities in Oman announced distance learning for all educational institutions due unstable weather conditions on May 2
Residents will enjoy beachfront resort-like amenities, including a 10,000-square-foot clubhouse, spa, floating helipad and floating padel court
The Presidential Court declared a seven-day official mourning period for Sheikh Tahnoun bin Mohammed with flags flown at half-mast
The new platform is a regulated alternative to conventional financing routes and helps private companies access capital markets
Both Abu Dhabi and Dubai police have advised motorists to exercise caution while driving, especially in adverse weather conditions
The CBUAE traditionally moves lockstep with the US Fed amid the UAE having pegged its currency to the US dollar at a rate of Dhs3.67 to $1
ADNOC will take a 4 per cent stake in Presight currently owned by G42, in exchange for 11 per cent of its shareholding in AIQ
The joint venture aims to explore, develop, and invest in wind projects in Bahrain, with a capacity of up to 2 gigawatts.
The NCM has forecast moderate to heavy rain accompanied by occasional lightning and thunder on Thursday, May 2.
The operating hours will be extended on Wednesday and Thursday to support people travelling to and from the airport
Dubai Airports, Emirates issued a travel advisory in anticipation of the expected inclement weather conditions
Recent survey results show a direct link between English language skills and higher salaries in the kingdom
EtihadWE is building a more resilient water network capable of rising to changing demands, including its recently inaugurated reverse osmosis seawater desalination plant in Umm Al Quwain
The company priced its IPO at the top of the previously announced range, selling its shares at Dhs1.53 per share to raise $375m (Dhs1.38bn)
The NCM forecasts moderate to heavy rain accompanied by occasional lightning and thunder later in the night into Thursday
The deals bring the total hydrogen production in Oman to 1.38 million tonnes per year
The UAE government issued a notification implementing distance learning due to unstable weather conditions