Abu Dhabi
Lure Of The Middle East: UBS, JPMorgan Chase To Ramp Up Operations
Middle East Business News - Published date: .
UBS planning to open a new office in Abu Dhabi, while Ashmore chooses Qatar; JPMorgan to go on a hiring spree in the re... Read more
Fans In For A Treat At The Turkish Airlines EuroLeague Final Four
Sports and Eneterainment - Published date: .
The semi-finals and the final will be played at The Galleria Al Maryah Island on Friday and Sunday, but the FanZone pro... Read more
ADIO, Mizuho Ink Deal To Boost Japanese Investments In Key Sectors
Middle East Business News - Published date: .
ADIO will collaborate closely with Mizuho to offer practical support to clients seeking to establish or expand their op... Read more
Middle Easts First Digital Asset Multi-strategy Fund Launches Via AltNovel And 3iQ Partnership
Middle East Business News - Published date: .
The fund seeks to deliver high absolute returns with a reduced correlation to traditional assets and hedge funds Read more
Abu Dhabis ADQ Raises $2bn In Oversubscribed Bond Sale
Middle East Business News - Published date: .
The issuance marked ADQ’s third offering in international debt capital markets and will support the diversification o... Read more
Real Estate Outperforms For IHC As Q1 Revenue Jumps 41.1% To $7.41bn
Middle East Business News - Published date: .
UAE’s most valuable publicly listed company reports profit after tax of $1.12bn, with a net profit margin of 15.2% Read more
Key Verticals Deliver As Alpha Dhabis Q1 Revenue Surge 23% To $4.74bn
Middle East Business News - Published date: .
Adjusted EBITDA rises 33% to $1.2bn; Real estate and industrial revenues at $1.74bn and $1.69bn respectively Read more
Mubadala Capital And TWG Global In A Game-changing Partnership
Middle East Business News - Published date: .
SWF Global says it signals “the evolving relationship between PEs and SWFs”; Mubadala Capital to anchor a $10bn inv... Read more
Abu Dhabis Lunate To Acquire Stake In Wealth Management Firm Azura Partners
Middle East Business News - Published date: .
Azura headquarters to shift to ADGM in Abu Dhabi as part of the deal; New capital will help build AUM, talent, technolo... Read more
First Abu Dhabi Bank Powers Ahead With Record Q1 Numbers
Middle East Business News - Published date: .
Total income up 11 per cent to $2.4bn as net profit rises 23% to $1.4bn and profit before tax reaches $1.67bn; Total as... Read more
Global Financial Firm Lazard Bets On UAE Growth With Abu Dhabi Office Launch
Middle East Business News - Published date: .
The move is seen as Lazard’s commitment to deepening its presence in MENA, serving as a trusted advisor to clients ac... Read more
ADGM RA Fines Christopher Flinos, AC Holding For Cryptocurrency Conversion Violations
Middle East Business News - Published date: .
According to the RA, AC Holding exceeded the scope of its commercial license by acting as an investment company and off... Read more
Eid Al Fitr Holidays In The GCC; Dubais 100 Most Influential People; UAE Petrol Prices To Change; Royal Baby Announced – 10 Things You Missed This Week
Middle East Business News - Published date: .
Eid holidays, the Dubai 100, UAE petrol prices, Royal Baby named, Palm Jebel Ali investments and more top news stories ... Read more
Abu Dhabis ADQ To Partner ECP In $25bn Investment In The US Energy Infrastructure
Middle East Business News - Published date: .
The 50-50 partnership will focus on developing new power generation to serve the growing electricity needs of data and ... Read more
Waha Capital Shareholders Approve 2024 Dividend And CSR Initiative
Middle East Business News - Published date: .
Cash dividend of AED0.1 for FY 2024; Shareholders also authorise the allocation of up to 1% of the net profit to CSR ... Read more
Aldar Investment Properties $500mn Green Sukuk Oversubscribed 7.2 Times
Middle East Business News - Published date: .
Priced at a spread of 110bps over the 10-year US Treasury yield, the proceeds will be used to refinance sustainability ... Read more
ADX-listed Phoenix Group Reports Record $167mn Profit In 2024, Mining Revenue Up 236%
Middle East Business News - Published date: .
The company’s mining revenue surged to $107 million in 2024, up from $32 million in 2023 and $5.4 million in 2022 Read more
Alpha Dhabi FY2024 Revenue Soars 40% To A Record $17.26bn
Middle East Business News - Published date: .
Group’s net profit at $3.68 billion; Net operating profit at $2.72 billion; Industrial ($7.16 billion) and Real Estat... Read more
Abu Dhabi-based IHCs Revenue Surges 54.4% To $25.8 Billion In 2024
Middle East Business News - Published date: .
Preliminary report shows total assets up 52% to $109.4 billion; Net profit after tax at $6.94 billion; EPS at $1.93 Read more
Abu Dhabi Sees 16% Increase In Business Licences, Freelancer Numbers Doubled In 2024
Middle East Business News - Published date: .
Abu Dhabi licensing authority reports notable increase in business registrations Read more