ADQ and ADNEC will invest in the company through a special purpose vehicle, with 49 per cent equity ownership by ADQ and 51 per cent equity ownership by ADNEC
The order book for First Abu Dhabi Bank’s sukuk, which was 1.9 times oversubscribed, represented leading investors, including international fund managers, banks and supranationals
The collaboration between ROSHN and EVIQ will also see the launch of the kingdom’s first fast-charging public site launch at ROSHN Front in Riyadh
Steps to engage and involve community members and accept proposals from them for new road names will start in the upcoming phases of the initiative
Daily trips will be operated from Al Jubail Station in Sharjah to Al Azaiba Bus Station in Muscat and vice versa
This initiative aligns with e& enterprise’s commitment to promoting green business models
The launch of the real-time index advances the Saudi Exchange’s goal to provide investors with enhanced benchmark opportunities to help support Saudi Vision 2030’s Financial Sector Development Program
Designed by the world-renowned architectural firm Snøhetta, the Royal Diriyah Opera House will be built in the heart of Diriyah
ADNOC will become the majority shareholder in Fertiglobe, increasing its shareholding to 86.2 per cent, with 13.8 per cent remaining in free float on ADX
The new initiative aims to nurture the next generation of entrepreneurs in the region to develop solutions to regional and global sustainability challenges
The airline will connect the UAE’s capital to Colombo with three flights a week on Wednesday, Friday, and Sunday
Starting on December 8, the Dubai Shopping Festival will run until January 14
The proof of concept for the VRC Initiative has been successfully developed, with the first live transaction showcased at the UAE Pavilion, COP28, on December 4
The bank’s commitment to sustainable finance is part of its Climb2Change global initiative
The Saudi Green Initiative aims to improve the quality of life and protect future generations by increasing reliance on clean energy
The signatories collectively represent over 56 countries globally, establishing a wide-ranging global alliance dedicated to reinforcing security, disaster prevention
Dubai Calendar has revealed an exciting array of events in December, including DSF, Sole DXB, Winter Garden and other events
In addition to the commitment, the CBUAE highlighted the solutions of the COP28 UAE TechSprint – a global initiative launched by the central bank
The King, accompanied by British Foreign Secretary Lord David Cameron, visited the Heriot-Watt Climate Hub
RTA has introduced free public parking during the Union Day holiday, except for the multi-level parking terminals, from December 2-4
Based on the final offer price, the company’s market capitalisation upon listing is expected to be approximately Dhs4.6bn
The UAE has a comprehensive strategy focused on supporting families of the martyrs, including housing programmes, healthcare and educational support
The kingdom will host the global event from October 2030 until March 2031
The cost of the trip is 34.5 per cent less than the cost of the regular limousine services offered by Careem
Dubai Future Forum will convene 2,500 experts and 150 speakers, hailing from more than 100 countries
The entertainment destination is centrally located between the cities of Abha and Khamis Mushait, and will be developed with an investment of over SAR1.3bn
Tickets for the festival, along with the full speaker lineup and programme details, will be available for purchase starting December 14
DFM will commence the pilot programme for institutional investors starting from December 4-8, with the offsetting period ending on January 10, 2024
The airline operated its first non-stop flight from Ras Al Khaimah to Kozhikode in the state of Kerala, India, on November 22
The issuance was offered in five and seven-year dual tenors, marking the final two tranches under its SAR20bn government-guaranteed sukuk programme