The market capitalization of Arab stock exchanges recorded about 4 trillion and 416 billion and 225 million and 637 thousand dollars at the end of last week, according to the Arab Monetary Fund. The weekly bulletin of the Arab Monetary Fund showed that the market capitalization of the Abu Dhabi Securities Market reached 768.6 billion … Read more
In the presence of His Highness Sheikh Hamed bin Zayed Al Nahyan, Etihad Payments Company, owned by the Central Bank of the United Arab Emirates, and NBC International Payments Limited announced a strategic partnership to develop and launch the national system for local payment cards in the United Arab Emirates. The partnership agreement was exchanged … Read more
Shuaa Capital, listed on the Dubai Financial Market, announced yesterday its intention to increase the issued capital through a rights issue following the initial approval of the Board of Directors. The priority rights will be issued immediately after the capital reduction and exchange offer to holders of bonds due in October 2023, subject to obtaining … Read more
As part of its fall 2023 program, the Sharjah Art Foundation is organizing an exhibition by artists Labina Hamid and Magda Stawarska under the title “Concerted Time – Deep Water,” from October 29 to January 28, 2024, in the art buildings in Al Mureij Square. “Concerted Time – Deep Water” is the first exhibition for … Read more
The Production Center of the Department of Social Services organized the “Express Exhibition” at the headquarters of the Civil Defense Authority in Sharjah, with the aim of marketing and introducing the public to the range of products of the center’s members from home production families. “Express Exhibition” represents a platform for displaying and promoting a … Read more
The Municipal Presence Center in Khalifa City, in cooperation with several government and private schools, organized the “Unified Supervision Cubs” initiative, through which school students participated in many tasks carried out by municipal inspectors, within the framework of the Center’s keenness To involve the community in maintaining the public appearance, developing social responsibility, and stimulating … Read more
Local stock markets consolidated their gains at the end of yesterday’s trading, and their market capitalization gained more than 10.4 billion dirhams, amid strong liquidity of approximately 2.5 billion dirhams. The Dubai Financial Market continued its rise towards its highest levels in more than 8 years, while the Abu Dhabi Securities Market continued its gains … Read more
ADNOC launched an innovative electronic platform for procurement to contribute to raising the efficiency of its pioneering program to enhance local added value and support its efforts to reduce the emissions of its operations and ensure that its business keeps pace with the future. Dr. Saleh Al Hashemi, Head of the Department of Commercial Affairs … Read more
A recent economic report revealed that the Middle East and North Africa region registered about 318 mergers and acquisitions deals with a total value of $43.8 billion in the first half of 2023, with 10 of the largest mergers and acquisitions in the region concentrated in the United Arab Emirates and the Kingdom of Saudi … Read more
The Address Downtown Hotel, located in the vibrant Downtown Dubai area, has announced the launch of a range of new summer offerings, allowing its guests to enjoy high-class dining experiences and unique wellness services, in front of stunning views of the Burj Khalifa. Go Free offer for kids:Ideal for families during the month of August, … Read more