Abu Dhabi

Talabat prices IPO at top of range, raising $2 billion in proceeds

Final share price has been set at AED1.60, valuing the company at around AED37.3 billion ($10.1 billion)

Emirates World lands in Casablanca: The largest store yet, spanning over 500m²

The opening marks the second Emirates World opening in Africa, and the seventh globally

Abu Dhabi’s Masdar completes acquisition of TERNA ENERGY

The agreement, priced at EUR20 per share, values TERNA ENERGY at an enterprise value of EUR3.2 billion ($3.4 billion)

UAE National Day: Popular travel destinations for the long weekend

Mumbai and Kochi topped the list this year for their vibrant atmosphere, rich cultural diversity, and convenient travel times

UAE real estate market set for growth in Q4 2024 as demand surges for prime assets

High transaction volumes and an upward trajectory underscore the market’s resilience, fueled by strong economic fundamentals

Talabat IPO size increased to 4.65 billion shares to address high demand

The additional 1,164,412,032 offer shares have been wholly allocated to the qualified investor offering

ENEC, ADNOC to explore use of advanced nuclear technologies, excess heat utilization for oil, gas operations

This agreement entails a thorough technical and economic evaluation to pinpoint the most suitable nuclear reactor technologies for ADNOC

UAE National Day: SCA announces holiday for financial markets

Employees of ministries and federal entities will observe the 53rd Eid Al Etihad holiday on December 2 and 3

What to expect at ADFW 2024: Four days of action-packed sessions and events

The agenda for ADFW 2024 includes over 60 main and side events and more than 350 thematic sessions

UAE launches initiative to train 5,000 Emirati students in future digital technologies

The initiative supports Dubai's vision to empower Emirati talent and strengthen the digital economy.

UAE’s non-oil economy to grow 4.7 percent in 2024, says UBS

The UAE's real estate sector is expanding, with residential sales up by 60 percent and mortgage applications increasing

Abu Dhabi Crown Prince to begin official visit to Bahrain on Tuesday

Non-oil trade between the two countries exceeded $7.5 billion in 2023