- Asia-Pacific leaders added their voices to international pressure on Russia over its invasion of Ukraine, issuing a summit statement saying...
The summit communique was agreed by all APEC members, including Russia and China.
Apart from substituting the name of the organization, the statement was word-for-word the same as a G20 declaration.
- MSC Opera will join MSC World Europa and MSC Poesia which arrived at Doha Port earlier, to offer a luxurious...
MSC Opera will join MSC World Europa and MSC Poesia which arrived at Doha Port earlier, to offer a luxurious hospitality experience to fans of the FIFA World Cup Qatar 2022
According to the estimates of the MSC Cruises Group, owner of the three floating hotels that will serve the tournament, the capacity of the three cruise ships is 10,000 beds
- The announcements were made during the first edition of Abu Dhabi Finance Week (ADFW) hosted by ADGM.
The announcements were made during the first edition of Abu Dhabi Finance Week (ADFW) hosted by ADGM
The week-long event serves as a platform for in-depth conversations around the MENA region’s thriving financial sector
- Saudi retail tranche remains unchanged at 10 percent.
The company plans to plans to sell a 30 percent stake in the IPO remains unchanged. It will list both on ADX and Saudi Arabia’s Tadawaul likely on or around Dec.6.
The company is selling more than 2.52 billion of its existing shares in the IPO, which expected to run until 21 Nov. for retail investors in the UAE and Saudi Arabia.
- Global main stock markets rallied as investors fished for bargain shares and shrugged off losses elsewhere, but oil prices fell...
Asian equities experienced mixed fortunes Friday as cautious investors tried to gauge the outlook for Federal Reserve monetary policy.
The week has been broadly positive for global equities following softer-than-expected US consumer and wholesale price figures.
- After a first shipment of Russian fertilizer blocked in European ports heads for Malawi next week, a second batch should...
The first shipment of 20,000 metric tonnes of nitrogen phosphorus potassium is currently being loaded onto a vessel chartered by the UNWFP.
There were around 300,000 tonnes of Russian fertilizer blocked in different European ports.
- The ports operator paid $680 million for the deal.
AD Ports said that Noatum has a presence in 26 countries and LTM revenue and EBITDA of AED6.91 billion and AED555 million, respectively.
The acquisition will be fully funded through a new acquisition loan, AD Ports said. Subject to regulatory approvals, the transaction is expected to close in H1 2023.
- ABU DHABI, UAE - Abu Dhabi Fund for Development (ADFD) participated in the first plenary session of the Council of...
The discussions focused on fostering economic development in Uzbekistan by facilitating investment in various fields.
Many development institutions and international financial organizations participated in the conference.
- They would set up UAE's largest aluminum recycling facility.
EGA's relationship with ITOCHU stretches back to the 1980s, with the Japanese company marketing the UAE company's metal in Japan.
The two companies will work in the development of new aluminum alloys with third parties for niche applications.
- Dubai, UAE---United Arab Emirates private school operator Taaleem Friday said it has set the price of its Initial Public Offering...
Taaleem Friday said it has set the price of its Initial Public Offering (IPO) at AED3 per share ($0.8168).
Raising AED750 million, the IPO drew total gross demand of more than AED13.7 billion.




















