#UAE

Mubadala

Mubadala to take Canada’s CI Financial private in about $8.7 billion deal

Mubadala will pay CI Financial C$32 per share, representing a more than 33 per cent upside to the stock’s Friday close.

UAE’s Masdar eyes Iberian renewables champion after recent deals

5 renewable energy projects to watch in the UAE

Here are several key renewable projects that are driving the UAE towards its goal of achieving full clean energy capacity by 2050

CBUAE suspends Al Razouki Exchange, shutters two branches

CBUAE suspends Al Razouki Exchange, shutters two branches

The central bank closed Al Razouki’s branches in Deira and Al Murar, the administrative measures were taken pursuant to Article 14 of the AML/CFT Law

Abu Dhabi’s Masdar, Silk Road Fund to co-invest $2.8bn in renewables

Abu Dhabi’s Masdar, Silk Road Fund to co-invest $2.8bn in renewables

The two entities agreed to collaborate on joint investments in renewable energy projects developed, invested in, or operated by Masdar

Eid Al Etihad: Residents to get 4-day weekend for UAE National Day

Eid Al Etihad: Residents to get 4-day weekend for UAE National Day

Al Ain will host the official ceremony, gathering the nation’s Rulers and leaders for the momentous occasion

US-UAE climate-friendly farming partnership grows to $29bn

US-UAE climate-friendly farming partnership grows to $29bn

AIM for Climate had secured $17bn in funding at last year’s COP28 and $8bn at COP27

Sheikh Mohammed, Vice President and PM of UAE and Ruler of Dubai issues decree to form ICD board courtesy_Dubai Media Office

From humble beginnings to global heights: Sheikh Mohammed’s journey unveiled in new biography

The new biography charts H.H. Sheikh Mohammed bin Rashid Al Maktoum’s rise from humble beginnings to global prominence

Gold prices in UAE fall as global trends weigh on bullion

Gold prices in UAE fall as global trends weigh on bullion

The fall in prices is significant for UAE residents, where gold plays a key role in savings and investments

FAB's EOSB funds secure initial approval from MOHRE, SCA

FAB’s EOSB funds secure initial approval from MOHRE, SCA

FAB’s EOSB Funds also simplify the administrative process for employers, enabling them to register through the bank’s EOSB online portal

Middle East’s first net-positive mosque launched in Dubai

Equipped with 203 solar panels, the Majid Al Futtaim Mosque generates over 204,121 kWh of power annually, exceeding its energy needs by 115 per cent

ORO24’s Atif Rahman on elevating Dubai’s real estate game

Atif Rahman, the founder of ORO24 Developments, shares his approach to resilient growth, the importance of strategic planning, and his perspective on the future of the emirate’s real estate market

Why AIOKA is shifting into top gear for top-tier global campaigns

CEO Max Palethorpe unpacks how the company is leveraging the glamour of F1 to create tailor-made corporate events for global powerhouses

UAE debt market registers 13.1% YoY growth, Fitch Ratings says

UAE debt market registers 13.1% YoY growth, Fitch Ratings says

The growth in the country’s debt capital markets demonstrates its expanding financial landscape and its strategic role in the global Islamic finance market

New Dhs1bn fund targets reshaping UAE health, wellness

Announcing the Fund in Dubai at CLP’s new Longevity Hub, the clinic highlighted its GCC growth strategy

why uae has emerged as cybersecurity hub-GettyImages-1079012962

Insights: Why the UAE is a premier hub for cybersecurity startups

With a burgeoning market, supportive government initiatives, and a robust digital landscape, the UAE is positioned to drive innovation in the cybersecurity sector

UAE's Julphar divests Zahrat Al Rawdah Pharmacies

UAE’s Julphar divests Zahrat Al Rawdah Pharmacies

Zahrat Al Rawdah, a wholly-owned subsidiary of Julphar, operates 173 pharmacy outlets across Saudi Arabia

Last chance for UAE overstayers as visa amnesty deadline extended

With immigration centres experiencing high turnout as the initial deadline approached, authorities decided to extend the grace period

Building a tech empire: Jumbo’s CEO on 50 years of growth

Building a tech empire: Jumbo Electronics Ltd.’s CEO on 50 years of growth

Vikas Chadha, CEO of Jumbo Electronics, says the company has evolved from a retail pioneer into a market leader, driven by its commitment to innovation and customer satisfaction

Colm McLoughlin - Dubai Duty Free

Colm McLoughlin, Dubai Duty Free pioneer, passes away at 81

McLoughlin’s impact on Dubai Duty Free spanned 41 years, where he steered its growth from modest beginnings to a business generating over $2bn.

UAE hikes petrol, diesel prices for November 2024

Here’s how much petrol, diesel will cost you in November

The fuel price committee increased retail prices for Super 98, Special 95, and E-Plus 91 by as much as 9 fils per litre in November

Islam Abdul Karim on how Yango is powering business growth

How Yango’s smart mobility solutions are powering business growth

Islam Abdul Karim, Regional Head of Yango Middle East, says the ride-hailing firm streamlines corporate transportation, boosting employee productivity, and enhancing travel experiences

How Khazna is revolutionising GCC’s data centre industry

Khazna: Revolutionising the GCC data centre industry with AI solutions

Johan Nilerud, senior director of Strategy and Planning at Khazna, says AI presents enormous potential across the data centre value chain

UAE to invest $1bn in Vietnamese EV maker Vinfast — report

The possible deal with Vinfast comes off the back of Vietnam having signed a comprehensive economic partnership agreement with the UAE

Modon Holding, LuLu Retail to build retail facilities in UAE and Egypt

The two entities are collaborating to build a network of community retail outlets, including hypermarkets, supermarkets, and other retail stores

UAE, Vietnam seal comprehensive economic partnership agreement

UAE, Vietnam seal comprehensive economic partnership agreement

The bilateral trade pact is expected to unlock new avenues for cooperation in key sectors such as food production, apparel, machinery, and metals

UAE issues federal decree-law on traffic regulation

Here’s what UAE’s latest federal decree-law on traffic regulation covers

Key aspects of the decree-law include the establishment of updated vehicle classifications and the integration of modern road technologies

HSBC launches sustainability improvement loan for mid-sized corporates in the UAE, Egypt, Qatar and Bahrain

The new product from HSBC allows companies to link financing costs to their sustainability EcoVadis scores.

Abu Dhabi’s e& Group completes $2.3bn acquisition PPF Telecom

Abu Dhabi’s e& Group completes $2.3bn acquisition PPF Telecom

The investment represents a pivotal moment in e&’s international strategy to scale and add resilience to its operational profile

Trump International Golf Club Dubai tees up for breast cancer awareness

The day focused on raising awareness for breast cancer and supporting survivors

UAE: Islamic treasury bonds attract Dhs7.20bn in bids at Oct auction

UAE: Islamic treasury bonds attract Dhs7.20bn in bids at auction

The Islamic T-sukuk issuance programme plays a pivotal role in enhancing the UAE’s financial markets by contributing to the development of a UAE dirham-denominated yield curve