ADQ and Alpha Dhabi invest $375 mn in OCI’s methanol business
The UAE companies will receive a 15 percent stake in the OCI...
Abu Dhabi
Al Dhabi Capital starts MENA-based equities fund
The asset manager is based in Abu Dhabi Global Market...
Oil Giant ADNOC sells a minimum 7.5% stake in Abu Dhabi IPO
This is the second public flotation of the Abu Dhabi owned oil...
UAE’s major lenders announce $4 bn profit during H1: Moody’s
Moody’s reported that four major bank’s combined net profit increased from last...
Abu Dhabi Insurtech startup Hala secures $5 mn from Mubadala to support its expansion plan
Hala will use the money to unveil new products and expand further...
Matrix starts virtual trading platform in Abu Dhabi
The project is expected to drive blockchain and fintech innovation...
Etisalat Group offers $505 mn to fully acquire Etisalat Investment North Africa
Etisalat has acquired an 8.7% stake in Etisalat Investment North Africa (EINA)...
Aldar Properties sell out spots in the second phase of Al Gurm development
The construction of the second phase begins in November and all plots...
Dubai loses 1,600 millionaires in 2020
The number of millionaires in Dubai grew prior to the pandemic. 53,700...
DoF partners Daman, FAB to launch DH 6 bn package for SME’s
DoF will partner national health insurer Daman and First Abu Dhabi Bank...