The United Arab Emirates is an Islamic country in the Islamic Arabian Peninsula and neighbour to the Kingdom of Saudi Arabia, the very birthplace of Islam. However, it has a polyglot, multi-faith population of 200 nationalities. Try going to Yas Island, the adventure and leisure park in the UAE’s capital city of Abu Dhabi, and you’ll see Bangladeshis, Indians, Nepalese, and British people, among others, peacefully working […]
Arabian Post Staff Abu Dhabi Securities Exchange (ADX) announced the secondary listing of GFH Financial Group B.S.C. The listing is set to further expand GFH’s investor base and enhance liquidity in its shares amid increased regional and international participation on the exchange. To mark the occasion, ADX Managing Director and CEO, Saeed Hamad Al Dhaheri, and GFH’s Group Chief Executive Officer, Hisham Alrayes, rang the market-opening bell […]
Arabian Post Staff Abu Dhabi has taken a significant step forward in creating the framework to meet the country’s Net Zero by 2050 strategic initiative with the release of the regulatory policy for electric vehicle charging infrastructure in the emirate. Announced today by the Abu Dhabi Department of Energy (DoE), the policy sets out the stipulations and criteria for establishing a network of electric vehicle charging stations […]
James M Dorsey Amid speculation about a reduced US military commitment to security in the Middle East, Turkey has spotlighted the region’s ability to act as a disruptive force if its interests are neglected. Turkish President Recep Tayyip Erdogan set off alarm bells this week, declaring that he was not “positive” about possible Finnish and […]
The post Turkey’s Erdogan Plays Games Within And With NATO first appeared on IPA Newspack.
The Federal Supreme Council today unanimously elected Sheikh Mohamed bin Zayed Al Nahyan as President of the United Arab Emirates. The Council held a meeting today at Al Mushrif Palace in Abu Dhabi, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. A statement issued by the Ministry of Presidential Affairs said that according to Article 51 of the Constitution, His Highness Sheikh […]
By Arun Kumar Shrivastav The Indian government’s anti-cryptocurrency policy which includes high taxation and denial of banking services has resulted in many top-tier crypto exchanges shutting shops in India and moving to the UAE, which is fast emerging as a hub of crypto business. The massive exodus of business and talents from the Indian cryptocurrency […]
The post Praising Blockchain And Demonizing Digital Assets Are Contradictory first appeared on IPA Newspack.
Sheikh Manzoor With the coming into force of the Indo-Uae Comprehensive Economic Partnership agreement today, India’s exports to the United Arab Emirates are set to touch 40 billion dollars this year . This historic agreement which was signed on the sidelines of a virtual meeting between Prime Minister Narendra Modi and Vice President of Abu Dhabi Sheikh Muhammed bin Zayed,will further cement already deep, close and strategic […]
London, UK – News Direct – 28 April 2022 – Symphony – the leading markets’ infrastructure and technology platform – revealed financial firms will now be able to embed its technology in other platforms in order to successfully complete their workflows without context switching or adding friction. The company launched its embedded collaboration platform (ECP) on Tuesday as part of Symphony’s flagship conference Innovate, which took place […]
Arabian Post Staff Office rents in the UAE’s two largest business hubs have begun to recover to pre-COVID levels as demand for prime space intensifies, according to global real estate consultancy, Knight Frank. According to Knight Frank’s analysis, five out of 27 locations in Dubai have seen office rents return to pre-pandemic rates, while in Abu Dhabi, the city’s best buildings continue to demonstrate rental resilience. Still, […]
By Anjan Roy While a new prime minister has been elected by a rainbow coalition of opposition parties in Pakistan, it does not bode well for political stability in the country. Shehbaz Sharif, younger brother of former Pakistan prime minister, Nawaz Sharief, is an experienced political hand. But he would be hobbled by the same […]
The post Dealing With Debt Crisis Is The Foremost Task Of New Pakistan Government first appeared on IPA Newspack.
Arabian Post Staff The Abu Dhabi Securities Exchange (ADX) and FTSE Russell have partnered to develop the FTSE ADX 15 Index, a benchmark blue chip measure that will support ADX’s recently launched derivatives market and the creation of ETFs and other index-tracking investment vehicles. Also known as the FADX 15, the benchmark index will be launched on March 30 and will include the largest and most liquid […]
Arabian Post Staff E-Vision, from e& (previously known as Etisalat Group), and ADQ, an Abu Dhabi-based investment and holding company, today announced the signing of a binding agreement to acquire a majority equity stake of circa 57% in Starzplay Arabia, a leading Subscription Video on Demand (SVOD) and streaming service provider in the Middle East and North Africa. The e& led consortium will acquire a controlling stake […]
Photo In 2021, the PGA switched up one of its longest-running branches. The PGA, which oversees the most popular and expansive professional golf leagues in the world for men and women, announced an update to its European Tour. After years of running a separate European Tour and Asian Tour, which saw multiple events held in the UAE, the PGA decided to establish a new branch of the […]
Arabian Post Staff The Department of Municipalities and Transport announced that the UAE capital registered outstanding real estate figures in 2021 with 14,958 transactions, tallying to a total value of 71.5 billion dirhams, reflecting the ongoing sustainable development and attractiveness of real estate investments in Abu Dhabi. As per the Department’s real estate trading indices, the emirate’s real estate sector recorded 7,262 sales transactions worth 18.2 billion […]
According to the U.S. Bureau of Labor Statistics, the median annual wage for computer and information technology or IT jobs in May 2020 was USD 91,250. This is more than twice the median yearly wage of USD 41,950 for all other occupations in the same period. This proves the stereotype: IT professionals indeed draw some of the highest salaries today. It is not limited to the United […]
Arabian Post Staff The Securities and Commodities Authority (SCA)’s approval of the region’s first Special Purpose Acquisition Company (SPAC) regulatory framework has paved the way for the listing of the first SPAC on the ADX this year. The first of its kind in the GCC, the SPAC regulatory framework was developed by ADX and Abu Dhabi’s Department of Economic Development (DED), in conjunction with the SCA and […]
Arabian Post Staff The Abu Dhabi Securities Exchange (ADX) and FTSE Russell have partnered to develop co-branded indices, supporting the exchange’s recently launched derivatives market and bringing the exchange’s stock performance measures into line with global standards. As of 10th of January 2022, the FTSE ADX General Index is replacing the ADX General Index, and FTSE ADX sector indices will take the place of the existing sector indices, […]
Arabian Post Staff Premier League Champions Manchester City today announced a new global partnership with Masdar, which will see the renewable energy and sustainable development company become an Official Partner of the Club. Masdar, a global leader in renewable energy, clean technologies and sustainable development, is focused on the development of renewable energy projects across the Middle East and North Africa, and wider international markets, with a presence […]
Arabian Post Staff Alpha Dhabi Holding (ADH) has announced the acquisition of 25.24% shareholding in Al Qudra Holding, as part of its AED8 billion strategic investment plan across various key-sectors in the UAE. Al Qudra Holding is an Abu Dhabi-based private joint stock company which has grown significantly by focusing on sustainable development in the region and creating value by investing in fundamental growth sectors. Alpha Dhabi […]
