The share sale comes just a few months after state-owned ADNOC raised $2.5bn in the listing of its gas business
The completion of the transaction is expected to further strengthen PureHealth’s vision towards becoming a leading global player in healthcare
The city’s non-oil sectors witnessed significant growth of Dhs43bn in 2022 and contributed 50 per cent to the overall GDP
Both entities will work to address the challenges faced by the agtech sector by connecting businesses with startups offering technology-based solutions
The contribution from ADFD towards this strategic project amounts to Dhs110m
The UAE Cabinet’s resolution has expanded ADGM’s jurisdiction to Al Reem island in addition to Al Maryah island
The state investor said the deal is in line with its strategy to create long-term value by optimising a global portfolio of investments
The property firm said its investment in SODIC was one of the largest foreign investments in the Egyptian real estate sector
The MoU represents a one-year agreement to strengthen tourism and economic cooperation and build dual-destination awareness to drive incremental leisure traffic
With this expansion, Khalifa Port will expand its range of port and marine logistics services, from container and cargo handling to vessel repairs and maintenance
The developer said its revenue backlog hit a record Dhs18.8bn, which provides visibility over the next two to three years
The investment gives Mubadala a minority shareholding in Brightspeed alongside funds managed by affiliates of Apollo
The location’s proximity to ADNOC’s current operations and its future growth projects were all important factors in the decision
The bank will provide exclusive benefits to Khalifa Fund members in accordance with the agreement
The three-year contract is expected to commence in 2023 and will run through 2025
Abu Dhabi welcomed 18 million visitors in 2022, which is a 13 per cent increase from the previous year
Monarch Holding and EHang Holdings have signed a partnership agreement to establish the facility in the region
The agreement will mark the first phase of Al Ghurair Foods division’s investments in KEZAD
The bank reported an operating profit of Dhs1.8bn, up 96 per cent compared to the same period a year earlier
The Islamic bank made a profit of Dhs1.1bn in the three months to March 31, up from Dhs715m in the same period last year
The firm which holds more than 25 subsidiaries is chaired by Sheikh Hamdan bin Mohammed bin Zayed Al Nahyan
The farm is expected to generate 10kg of produce daily and has a 41 sqm footprint
The total purchase consideration for the acquisition of 100 per cent ownership amounts to $26.7m with an upfront payment of $17.1m
The Dalio Family Office helps handle the billionaire’s private investments as well as his philanthropic donations
The firm plans to use the proceeds to fund acquisitions and business development of innovative assets in the pipeline
The transport authority urged drivers to avoid parking in prohibited areas and blocking traffic movement
The acquisition will significantly expand its global footprint, enabling the company to deliver relevant healthcare services and healthtech solutions
Proceeds from the five-year tranche will be used for general corporate purposes while the 10-year green bond will be used to finance projects as set out in the framework
The merged entity is expected to transform the way care is delivered while bridging the gap between the latest healthtech advancements and the clinical outcomes patients receive
The lifestyle retailer said the expansion will give visitors to Reem Mall a wider selection of top brands to pick from, including 10 franchises debuting in the city for the first time