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    Mubadala enters into a definitive deal to acquire KELIX bio

    Mubadala enters into a definitive deal to acquire KELIX bio

    25 Mar 2024

    Mubadala Investment Company (Mubadala), an Abu Dhabi sovereign investor, has entered into a definitive agreement to acquire KELIX bio, a specialty pharmaceutical business focused on delivering complex generics across emerging...

    SIB provides first Islamic financial facility for Turkiye Wealth Fund

    SIB provides first Islamic financial facility for Turkiye Wealth Fund

    21 Mar 2024

    Sharjah Islamic Bank (SIB) and the Turkiye Wealth Fund (TWF) announced the signing of a unique agreement to provide a Shariah-compliant Murabaha facility worth $100 million, for a period of...

    Real estate valuation in Ajman worth Dhs718 million in February

    Real estate valuation in Ajman worth Dhs718 million in February

    15 Mar 2024

    Eng. Omar Bin Omair Al Muhairi, Director-General of Ajman’s Department of Land and Real Estate Regulation, said that in February, there were 129 real estate valuation transactions in the emirate...

    Stocks at record peak as US data leaves June Fed rate cut bet intact

    Stocks at record peak as US data leaves June Fed rate cut bet intact

    08 Mar 2024

    Stocks hit new peaks on Friday as mixed US jobs data did little to shake markets’ conviction that the Federal Reserve will begin cutting interest rates in June. Central bankers...

    UAE, Switzerland to strengthen trade and investment relations

    UAE, Switzerland to strengthen trade and investment relations

    07 Mar 2024

    Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, headed a high-level UAE delegation to Bern and Basel, Switzerland, where he met senior government officials and private-sector...

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    Binghatti Holding lists its inaugural $300 million Sukuk on Nasdaq Dubai

    07 Mar 2024

    Inayat-ur-Rahman, Business Editor Nasdaq Dubai welcomes the inaugural Sukuk listing by Binghatti Holding, a leading Dubai-based property developer on the region’s esteemed international financial exchange. The debut issuance,...

    Egypt CB raises interest rates by 600 basis points, pound tumbles

    Egypt CB raises interest rates by 600 basis points, pound tumbles

    06 Mar 2024

    Egypt’s central bank said on Wednesday that it had hiked interest rates by 600 basis points at an unscheduled meeting and that it would allow the exchange rate to be...

    Great work

    Great work

    05 Mar 2024

    The successful operation done by the firefighters pulling a truck driver to safety is no less than a miracle (“Truck driver pulled to safety after crash leaves vehicle dangling over...

    Adnoc Distribution reveals 5 year growth strategy at Investor Day

    Adnoc Distribution reveals 5 year growth strategy at Investor Day

    27 Feb 2024

    The management of Adnoc Distribution revealed its new 5-year growth strategy at an Investor Day in Abu Dhabi on Monday. Speaking at the Investor Day event, Bader Saeed Al Lamki,...

    Businesses across diverse sectors witness huge surge in festive month

    Businesses across diverse sectors witness huge surge in festive month

    11 Feb 2024

    Gulf Today, Staff Reporter Festival seasons play a big role in businesses’ sales growth as retailers offer huge discount to make the occasions more special for customers. Valentine’s Day, traditionally...

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