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 Arabian Post Staff Swvl Inc., a Dubai-based provider of transformative mass transit and shared mobility solutions, announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription raised in connection with the Company’s proposed business combination with Queens Gambit Growth Capital (NASDAQ: GMBT). Swvl is executing a comprehensive growth strategy with the goal of realizing approximately […]

Investing in the U.S. Investing in the United States via the EB-5 immigrant investor program is about more than investing for financial benefit, it is about creating an avenue for families to have access to the U.S. In terms of economic growth and standard of living, the U.S. has continuously proven to be a dominant player and that is one of the main reasons people relocate to […]

SINGAPORE – Media OutReach – 5 August 2021 – Singapore’s finest Mid-Autumn flavours pair with the magic of the Wizarding World! Homegrown Awfully Chocolate is proud to partner Warner Bros. Consumer Products to create the world’s first official Wizarding World inspired mooncake collection!   Each detail of The Official Harry Potter Mooncake Collection was designed in Singapore in collaboration with Warner Bros. Consumer Products, from the mooncake flavours to […]

Arabian Post Staff Anghami Inc,  the music streaming platform and service in the Middle East and North Africa, and Vistas Media Acquisition Company Inc., a publicly traded special purpose acquisition company led by CEO F. Jacob Cherian and co-founders Saurabh Gupta and Abhayanand Singh, announced they have sought regulatory approval for their proposed business combination. The business combination is subject to customary closing conditions, including the approval […]

For many, brunch is not simply a meal that you can partake in if you wake up late and miss breakfast, but is still too early for lunch. It is a special meal during weekends that allows people to enjoy great food and amazing beverages, and connect with their fellow diners. And for most people, the perfect brunch is held at restaurants and cafes. However, if you […]

In the battle to be the pre-eminent travel hub in the Middle East, the latest research from ForwardKeys, which has the world’s freshest and most comprehensive fight booking data, reveals that in the first half of 2021, Doha seized and consolidated a lead over Dubai. In the period 1st January to 30th June, the volume of air tickets issued for travel via Doha was 18% higher than it was […]

HONG KONG SAR – Media OutReach – 14 July 2021 – Senior executives from more than 150 local and mainland businesses joined an online forum jointly organized by the Consulate General of the United Arab Emirates (UAE) in Hong Kong and the Chinese General Chamber of Commerce (CGCC) on 12th July to learn and explore business opportunities in the UAE, which has Hong Kong and mainland China […]

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There is no shortage of attractions on Yas Island in Abu Dhabi. Aside from being the home to some of the best beach resorts in the UAE, it also houses world-class theme parks, hotels, and exciting adventures you wouldn’t want to miss. Planning to head there soon? Here are the top five answers to some of the most frequently asked questions about Yas Island:   1.   Is […]

UAE’s Etihad Airways and EL AL Israel Airlines, the national carrier of Israel, launched their joint codeshare network and reciprocal loyalty agreement for frequent flyers. This builds on the Memorandum of Understanding (MOU) the airlines signed in 2020 following the Abraham Accords signed by the UAE and Israel. Available for sale from today, for flights from 18 July 2021, EL AL will add its ‘LY’ code to […]

ABU DHABI: A Dubai company that makes clothing from plastic water bottles plans to expand in Saudi Arabia and Egypt after the pandemic forced a complete rethink of its business model. DGrade was

Abu Dhabi National Exhibitions Company (ADNEC), part of ADQ, has launched “Tourism 365”. The new company will support in creating experiential travel opportunities for tourists coming to Abu Dhabi, and enhance the emirate’s regional and global positioning in the wider tourism sector. The launch of the company is in line with ADNEC’s new broader role to support the growth of Abu Dhabi as a tourism destination, increasing leisure visitors, […]

Arabian Post Staff The world’s newest anti-viral treatment for COVID-19, Sotrovimab, is now available for early treatment of certain categories COVID-19 patients in the UAE following a landmark agreement between the Abu Dhabi Department of Health, the country’s leading group purchasing organization (GPO) Rafed, and GlaxoSmithKline (GSK). With the arrival of the first shipment yesterday in Abu Dhabi airport, Abu Dhabi become the first location globally to […]

Arabian Post Staff Abu Dhabi Securities Exchange (ADX) has listed 1 billion euros of bonds issued by Emirates Telecommunications Group Company PJSC (Etisalat Group) in two equal tranches maturing in 2028 and 2033.  The bonds were more than six times over-subscribed. Etisalat Group’s 500 million euro 7-year notes mature on 17 May 2028 and carry a 0.375% coupon, while the 12-year 500-million-euro tranche matures on 17 May […]

DUBAI: The Abu Dhabi Fund for Development (ADFD) has signed deals worth $99.91 million to build an airport and a power plant in Turkmenistan. The deal allocates 275 million dirhams ($74.9 million)

By Saifur Rahman Singapore’s Social Loan Company and Dubai-based Aafaq Islamic Finance announced a partnership to deliver mobile-first loan platform that could democratise and disrupt the US$90.91 billion (Dh333.88 billion) consumer credit market in the UAE. The partnership with The Social Loan Company (TSLC), a Singapore-based AI/ML-powered cutting-edge big data-driven credit enablement platform company, will help Aafaq Islamic Finance to set up a trend-setting non-bank, mobile-first loan platform to […]

DUBAI: Renowned US fantasy author Brent Weeks, US author Tayari Jones, Emirati writer Eman Alyousuf and Kuwaiti writer Taleb Alrefai are all set to participate at the upcoming Abu Dhabi International

DUBAI: Abu Dhabi National Hotels Company reported a more than doubling of net profit year over year in the first quarter as its financing costs fell. First-quarter net profit was 40.7 million dirhams

DUBAI: It was the fight event everybody wanted to be at. In the famous Octagon, UFC 257 reached its dramatic conclusion with American underdog Dustin Poirier stunning crowd-favorite Conor McGregor

RIYADH: The crown prince of Abu Dhabi received Saudi Arabia’s foreign minister at Qasr Al-Watan on Saturday.

CAIRO: Egyptian President Abdel Fattah El-Sisi received the Crown Prince of Abu Dhabi on Saturday. During the meeting, El-Sisi expressed Egypt’s keenness to continue strengthening bilateral

RIYADH: Abu Dhabi is working with an adviser as it considers selling about 10 percent of Abu Dhabi National Energy Co. (TAQA), Bloomberg reported citing people familiar with the matter. The stake in

DUBAI: Abu Dhabi National Oil Company (ADNOC) is considering listing its drilling business on the local stock market, according to three sources familiar with the matter. The state oil giant said its

ABU DHABI: The Central Bank of the United Arab Emirates has issued its first license under a system of low-risk specialized banks designed to serve UAE residents, WAM reported. The central bank set

DUBAI: The UAE’s top jiu-jitsu fighters warmed up in style for the Abu Dhabi World Professional Jiu-Jitsu Championship (ADWPJJC) by capturing a total of 28 medals at the weekend’s AJP Tour’s Abu
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