Dh37.2b dividends to be paid out by 114 UAE-listed companies
Cash dividends totalling Dh37.2 billion are proposed to be paid out for 2018 by 114 companies listed in UAE capital…
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Abu Dhabi Government enhances digital services with VMware
Abu Dhabi Smart Solutions and Services Authority delivers smart government services on one digital platform to streamline and enrich customer…
500 Startups MENA fund achieves final close of $33m
Silicon Valley-based venture capital firm 500 Startups has announced ts Middle East and North Africa -focused 500 Falcons fund has…
Al Baraka Banking Group and three subsidiary Banking Units receive Global Finance Awards
The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. (ABG) and three of its subsidiary banking units…
Investment Treaty Arbitration in United Arab Emirates
What is the prevailing attitude towards foreign investment? Despite a number of regulatory and legal barriers to foreign investment…
Omniyat secures $41m financing for fit-out of its Dubai hotel in The Opus
Omniyat has announced that it recently secured a financing of $41m (AED150m) from Mashreq Bank for the fit-out of its…
Hedge fund is said to spurn Saudi money after Khashoggi murder
A hedge fund has told investors it returned money to Saudi Arabia following the murder of columnist Jamal Khashoggi, according…
Mourant advises on energy takeover
Leading global offshore law firm, Mourant, has advised Kuwait Energy plc in relation to its acquisition by Gold Cheers Corporation…
Sohar International concludes perpetual nonds issuance
Sohar International has recently concluded the issuance of OMR 100mn unsecured subordinated perpetual bonds with overwhelming success that reaffirms the…
Network International receives strong investor interest for planned London IPO
Network international, one of the top payments processing firms in the Middle East and Africa, has received strong investors' interest…
Saudi Aramco to buy $69 billion Sabic stake in biggest ever Middle East deal
Saudi Aramco will buy a majority stake in Saudi Basic Industries Corp. from the kingdom’s sovereign wealth fund as the…
UAE World's Top Hotspot for Startups
It is observed that startups in the country are mainly involved in e-commerce, marketplaces, and infrastructure/software as a service, which…