Dubai: ALEC Holdings has declared its plan to offer 20 percent of its share capital on the Dubai Financial Market (DFM) through an Initial Public Offering (IPO). This strategic move allows the Investment Corporation of Dubai (ICD), currently the sole shareholder, to adjust the size of the offering at its discretion during the subscription period, … Read more
Madrid: Emirates and Real Madrid have announced a multi-year partnership that makes Emirates the Official Main Sponsor of the Spanish professional basketball club. The partnership will commence immediately. According to Emirates News Agency, as part of the agreement, Emirates’ ‘Fly Better’ branding will prominently feature on the jerseys consistent with its presence on both the … Read more
Abu dhabi: The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) indicated that the net foreign assets of the Gulf central banks rose by 6.3 percent in 2024 compared to the previous year, reaching about US$761.9 billion. According to Emirates News Agency, the total … Read more
Dubai: Dubai Airports has completed the installation of more than 520 Hearing Loops across Dubai International (DXB). This significant milestone marks the world’s largest deployment of the technology to enhance accessibility for travellers with hearing loss, including those using hearing aids or cochlear implants, and underscores DXB’s ambition to become the world’s most accessible and … Read more
Dubai: TRENDS Research and Advisory signed a strategic cooperation and partnership agreement in research and media with the Arab Media Forum. The agreement aims to strengthen collaboration in scientific research, knowledge production, modern media, the dissemination of rigorous research culture, and the support of future-oriented knowledge. According to Emirates News Agency, this agreement represents a … Read more
Dubai: The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a segment of the Dubai Department of Economy and Tourism (DET), has unveiled The Emirati Chef’s Table. This initiative is a sector-specific mentorship program created in collaboration with Kitopi, a prominent regional player in the food and beverage (FandB) industry, aiming … Read more
Sharjah: Major General Abdullah Mubarak bin Amer, Commander-in-Chief of Sharjah Police, recently met with Almaz Tasbolat, Consul General of the Republic of Kazakhstan, and Major General Ayan Doisymbayev, Representative of the Ministry of Interior of the Republic of Kazakhstan in the UAE, along with their delegation at the Sharjah Police General Command headquarters. According to … Read more
Abu dhabi: Ras Al Khaimah Economic Zone (RAKEZ) and the UAE-India CEPA Council have formalised a new partnership with the signing of a Memorandum of Understanding (MoU) to collaborate on the UAE-India Start-up Series. According to Emirates News Agency, the MoU, signed between Yaser Abdulla Al Ahmed, Chief Government and Corporate Relations Officer at RAKEZ, … Read more