Abu Dhabi Securities Exchange (ADX) announced that Palms Sports P.J.S.C has listed its shares on ADX’s Second Market under the trading symbol PALMS, and trading begins on the shares today. The company’s nominal value of share capital is AED 150 million, with each share having a nominal value of AED 1. This is the fifth listing on ADX in 2020. Arabian Post Staff Palms Sports, a subsidiary of the […]
Hassan Ali Mansoor On 15th September 2020, the UAE took a landmark and historic step when it officially recognized the State of Israel pursuant to the Abraham Accords signed between the officials of the UAE and Israel. Not only will this recognition of Israel by UAE usher in a new era of economic betterment for the country and the region, it is also emblematic of the grand […]
Share Tweet Share Share Email The five-year collaborative project will be developed and adjusted to accommodate the UAE’s desert environment Abu Dhabi-based Al Dahra Holding Company has signed a strategic partnership agreement with Israeli company, Watergen to create a renewable source of water for human and agricultural consumption. Under the terms of the agreement, the two sides have agreed to establish a permanent centre in Abu Dhabi […]
DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]
Sat 28-11-2020 16:35 PM abu dhabi, 28th November 2020 (WAM) – The Official 49th UAE National Day celebration, which is set to be a dramatic live production entitled ‘Seeds of the Union’, will be exclusively screened at VOX Cinemas across the UAE for free on 2 December. Viewers will now have the opportunity to come together with loved ones and watch the show in state-of-the-art theatres at […]
Regardless of your budget or location, there are three choices when searching for a new home: buying a house, buying a condo, or renting. Each option comes with its own benefits, drawbacks, and price points. And though this choice largely comes down to preference, it’s good to know what to expect in each scenario, especially in terms of cost. Because no matter which route you take, moving […]
Arabian Post Staff Ras Al Khaimah International Airport is gearing up to receive the first commercial flights from Indian value carrier SpiceJet on November 26, 2020. The development signals a steady return to normal economic activity following the COVID-19 pandemic, spokespersons for the two operations said, noting that with SpiceJet’s connection to 28 destinations across the Indian sub-continent and RAK Airport’s position as an expanding travel and […]
By James M. Dorsey Weakened by Joe Biden’s electoral defeat of US President Donald J. Trump, Israeli Prime Minister Binyamin Netanyahu risks being caught between a rock and a hard place as Jordan, the Palestine Authority and the United Arab Emirates manoeuvre for control of what is to Jews the Temple Mount and to Muslims the Haram ash-Sharif, the third most holy site in Islam. The rivalry […]
The UAE’s Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications recently announced at a conference that even though “remote working was seen as a luxury in the past and a gimmick”, it may be here to stay. But, although it’s easy for companies who work in digital to operate remotely, it isn’t as simple for companies in two of the UAE’s largest sectors: […]
Scott Ramsay appointed as Group Head of Compliance & Bank Money Laundering Reporting Officer (MLRO) DUBAI, UAE – EQS Newswire – 8 October 2020 – Mashreq, one of the leading financial institutions in the UAE, has appointed Scott Ramsay as its new Group Head of Compliance & Bank Money Laundering Reporting Officer (MLRO). In this role as a part of the senior leadership team, Scott will […]
Arabian Post Staff The Abu Dhabi National Oil Company (ADNOC) announced the launch of AIQ, its Artificial Intelligence (AI) joint venture (JV) company with Group 42 (G42), an Abu Dhabi-based AI and cloud computing company. The completion of the formation of AIQ follows the signing of the JV agreement between ADNOC and G42 in November 2019 with ADNOC holding a 60-percent stake and G42 a 40-percent stake […]
There’s so much to look forward to… Expo 2020 Dubai is now only one year away, kicking off on the postponed date of October 1, 2021, and running until March 31, 2022. The huge event will see countries from all over the world exhibit their vision and plans for the future, through a uniquely designed, architecturally extravagant pavilion. The eagerly anticipated event was originally pipped to start […]
Phase 1 will be operational before Expo 2020 Dubai in October 2021, so GreenFactory Emirates can show the world its innovations, the statement … via meconstructionnews.com
Arabian Post Staff Abu Dhabi’s sovereign investment company Mubadala and Barings, one of the world’s leading financial services firms, announced the formation of Barings Mubadala Enterprise (BME) – an evergreen origination platform seeking to provide financing solutions to European middle-market businesses. BME and its capital partners aim to provide $3.5 billion in financing over the next 18 months to help meet growing corporate demand for flexible capital solutions in Europe. […]
DUBAI – Dubai has hired banks to advise it on its comeback to the international debt markets as the Middle East trade, finance and tourism hub seeks to bolster finances badly hit by the coronavirus pandemic. It is planning to issue U.S. dollar-denominated 10-year Islamic bonds, or sukuk, and 30-year conventional bonds, a document issued by one of the banks leading the deal showed. The planned deals […]
The Dubai Smartpreneur Competition, hosted in collaboration by Dubai Startup Hub, Entrepreneur Middle East & the Dubai Chamber of Commerce, is a prestigious, unique and one-of-its kind opportunity for innovative startups based in the UAE to partner with and contribute to the Dubai Government’s Strategy to elevate the city into a global platform for innovative businesses to thrive. As part of the 5th edition of the Dubai […]
