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Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

UAE Vice President forms Board of Investment Corporation of Dubai

Sheikh Mohammed bin Rashid Al Maktoum issued the new law.
  • The board will be chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai
  • Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, will serve as a Vice Chairman of the Board

Dubai, UAE – Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum has issued decree for the formation of the Board of Directors of the Investment Corporation of Dubai (ICD), chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, will serve as a Vice Chairman of the Board.

Other members of the Board include Sheikh Ahmed bin Saeed Al Maktoum; Mohamed Hadi Al Hussaini; Reem bint Ibrahim Al Hashemy; Sultan bin Saeed Al Mansouri; Mohammed Ibrahim Al Shaibani; Abdulrahman Saleh Al Saleh; and Helal Saeed Al Marri. Meanwhile, Mohammed Ibrahim Al Shaibani will also serve as the Managing Director of ICD.