Articles
ADNH Catering raises $235m in Abu Dhabi IPO
Strong demand sees shares priced at top of range and oversubscribed multiple times
UAE Cabinet approves record budget for 2025
Fiscal layout projects revenue and expenditure of $19.5 billion for next year
UAE-Jordan Cepa to boost bilateral trade to $8bn within a decade
Agreement is set to support investment in tourism, real estate and renewable energy
UAE non-oil output growth 'expands at lowest rate in three years'
Overall economy is set to maintain robust growth momentum this year
Oil prices continue to rise on Israel-Iran war worries
A broader conflict in the region threatens to disrupt global energy supplies
Abu Dhabi GDP grows by 4.1% in second quarter on non-oil sector boost
The emirate's non-oil economic output increased by 6.6 per cent in the April-June period
Qatar Airways plans to acquire 25% stake in Virgin Australia
The Australian carrier will start flights to Doha as part of the deal from the middle of next year
ADNH Catering to list 40% of its shares on ADX
The catering unit of Abu Dhabi National Hotels will sell shares through three dedicated tranches and aims to start trading this month
Masdar to acquire Spanish renewable developer Saeta in $762m deal
The Brookfield Renewable-owned operator of wind power assets has an enterprise value of $1.3 billion
Bayanat and Yahsat merger set to take effect next month
Satellite company will delist its shares on September 30, while the combined entity Space42 will continue to trade on the Abu Dhabi bourse
Gulf central banks join Fed in cutting interest rates
The UAE regulator reduced its base rate for the overnight deposit facility by 50 basis points
US asset manager Stonepeak to set up ADGM base
Company with $71.2bn in assets under management will use UAE office to expand regional operations
Cyber security: The new-age risk bankers are struggling to mitigate
Financial institutions must start preparing to handle the risks
Malaysia on track to sign trade treaty with UAE by end of year
Asean country is also pursuing free trade agreement with GCC, Malaysian minister says
ExclusiveHong Kong in talks with UAE and Saudi sovereign wealth funds
Strong deal pipeline already in place in Asia, GCC and Middle East, Belt and Road commissioner says
