The recovery is led by Business Bay in Dubai, where average office rents have climbed from Dhs76 per sq ft in Q1 2020 to Dhs101 per sq ft at present
Egypt’s central bank held a special policy meeting in March and hiked interest rates for the first time since 2017
The eLydian Lion fund will be based in Abu Dhabi
DisruptAD, ADQ’s venture platform, and Enhance Ventures, the venture studio for the MENAPT region, led the seed equity funding round
Lucky Gas, Al Seer Marine’s first VLGC, is expected to be completed and delivered by March 2023, with work on the second VLGC scheduled to commence in May
The total dividends announced by Agthia for 2021 amounted to Dhs130.6m, reflecting a 9.9 per cent rise over the previous year
There were 24,077 commercial sector licences issued in 2021, up 21.4 per cent year-on-year
ADEK has confirmed that all students, including those who are unvaccinated, must return to their campus in the new term
The Environment Agency – Abu Dhabi will also phase out single-use styrofoam cups, plates and food containers by 2024
The low-cost carrier will start flights to the capital of Rajasthan on May 5, 2022
Non-oil activities contributed 49.7 per cent of the GDP at constant prices last year
The company has been converted into a private joint-stock firm with a capital base of Dhs50m
Twofour54’s new flexible, technology-driven solutions can enable production cost savings as high as 80 per cent, says the company
ADGM’s hackathon is seeing participants explore innovative ideas around themes of ESG, embedded finance and decentralised finance
A feasibility study will be conducted into the future development of Ain Sokhna Port to explore potential investment opportunities to enhance its capacity
The emirate’s sustainable communities come with high projected rental yields
Barq also signed two MoUs, the first with the restaurant and food group Americana and the second with specialised automobile equipment global manufacturer Motherson
The new rules govern the use of as well as the supply or rental of these devices to individuals and companies
Cordoba, which is part of the first phase of Bloom Living in Abu Dhabi, is scheduled for completion by the fourth quarter of 2024
This brings the total dividend for 2021 to Dhs2.57bn
In 2021, Multiply Group acquired stakes in UAE-based assets and international high growth firms such as Firefly, Savage X Fenty, Getty images and Viola
The investment has been made through its subsidiary Alpha Dhabi Partners Holding
Hub71 businesses have a combined worth of Dhs5.87bn, and almost 1,000 jobs have been generated since its establishment in 2019
The museum, currently under construction, is located in the Saadiyat Cultural District
The fund will invest in companies developing emerging technologies or improving existing ones in key sectors
Yas Mall is increasing its food and beverage and entertainment offerings by over 50 per cent, and introducing a dedicated home furnishing district
The community is located close to Zayed City and the Abu Dhabi International Airport
However, they would require a negative PCR test not older than 48 hours to do so
Over 65 percent of the award value could flow back into the UAE economy under ADNOC’s In-Country Value programme
Located within Saadiyat Grove, Louvre Abu Dhabi Residences will feature 400 apartments including five penthouses