There are currently eight Salik toll gates in the city, with three million vehicles registered in the system
The online trading revolution has long started in other parts of the world
The new capital will be used to fuel the growth of its digital lending operations, deepen its AI and predictive analytics capabilities and grow its global talent pool
The tax and compliance technology solution provider is looking to enter the UAE by mid-2022 with e-invoicing and VAT offerings within the country
The two entities will introduce products and services including exchange-traded funds, smart order routing and cross-border direct trading
Gross domestic product expanded by 6.8 per cent compared to the same quarter of 2020
The bank’s operating profit for nine months of the year rose by 14.3 per cent to Dhs2.4bn
The Abu Dhabi Securities Exchange and Abu Dhabi’s Department of Economic Development have submitted a proposal to the Securities and Commodities Authority
Are special purpose acquisitions companies becoming a serious alternate funding avenue for private companies?
Hamed Ahmed Ali was previously appointed as deputy CEO and chief markets officer in July 2020
Spanning 100,000 sq ft, the new HQ will serve almost 90 countries across the Central and Eastern Europe, Middle East and Africa region
It recently acquired ten UK industrial assets for a combined purchase price of GBP56.7m
The offering could value the bourse at between $3bn and $4bn
The investment framework deal was signed with the Abu Dhabi Growth Fund
Surging innovation is already driving competition, both private and public, to upgrade a financial system that can certainly stand some improvement
The derivatives market is using the marketplace technology delivered by Nasdaq
The offering could value it at between $3bn and $4bn
The company, armed with $1.85bn in capital, has the resources to make purchases both in its home market and around the UAE
The new board will be headed by Helal Al Marri
Abraaj, which was one of the biggest private equity firms in the MENA region, went into liquidation in 2019
The utility has projects valued at around Dhs86bn that are planned to be commissioned in the next five years
The goal is to grow the portfolio to as much as $2bn in gross asset value across the top 25 US industrial markets
The move is part of accelerating new listings in various sectors
The scope for criminalisation of returned cheques due to insufficient funds has been narrowed and confined to cases of bad faith and other cheque crimes
The lender reported third-quarter net income fell 7.7 per cent from a year ago to Dhs492.9m
Governments can use sovereign asset liability management as a financial tool to manage public sector balance sheet risks
The kingdom aims to create more than 20,000 jobs annually for citizens by 2024
Oil revenue was about SAR148bn, an increase of 60 per cent from the same period last year
The company is working on expanding its operations
Arqaam Capital is acting as receiving agent with respect to the offer