In the latest to the Finablr fiasco, the Central Bank of UAE (CBUAE) will be taking over the operations of UAE Exchange, which was founded by...
The Coronavirus (COVID-19) outbreak has prompted companies such as Aldar Properties, Dubai Holding, and Meraas to release billions and millions worth of packages aimed at supporting residents,...
MIC Capital Partners – owned and managed by Mubadala Capital, a unit of Mubadala Investment Co – has acquired a 3.4 per cent stake in London-listed...
The Abu Dhabi Executive Council (ADEC) has announced a number of new initiatives to support businesses during the current health crisis created by the fast-spreading Coronavirus...
The UAE Exchange has temporarily suspended any new transactions at all of its branches and its online platforms. According to an e-mail statement, the temporary suspension...
(Bloomberg) — Most equity markets in the Middle East fell on Sunday, despite efforts by central banks across the region to protect economies from shocks related to...
Aldar – the leading Real Estate Developer in Abu Dhabi – will invest AED2 million in Abu Dhabi’s first social impact bond as part of a...
Arab India Spices, world’s second-largest pulses processor, has joined the list of companies investing in Hamriyah Free Zone with the construction of grain storage warehouses at...
(Bloomberg) — Apple Inc. said Saturday it’s closing its hundreds of retail stores outside of Greater China until March 27 and is moving to remote work in...
(Bloomberg) — Every economic shock leaves a legacy. The deadly coronavirus will be no different. The great depression spurred a “waste not want not” attitude that defined consumer patterns...
