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Emirates Stallions Group (ESG), a subsidiary of Abu Dhabi’s International Holding Company (IHC), is set to build a hospitality development in Sudan for $65.3 million, Zawya reports. ESG will develop the 16-floor hotel and residences project, which will feature 300 Read more
Kuwait-based investor International Financial Advisors Holding (IFA) will invest AED 37.69 million ($10.26 million) in a branch of smart hotel brand Yotel in Dubai’s Palm Jumeirah, Zawya reports. The investment will provide IFA, 10.5 per cent of the hotel brand. Read more
The UAE launched Monday the “United Global Emirates” initiative aiming at attracting foreign minds and investments. “We are launching “United Global Emirates”, an international campaign to highlight the benefits and incentives that the UAE offers to help entrepreneurs go global. Read more
The UAE has joined as new member the New Development Bank (NDB), founded by BRICS states, namely Brazil, Russia, India China and South Africa, the bank said in a statement relayed by Zawya. “We warmly welcome the UAE into the Read more
The UAE Monday instructed the Public Prosecution office to probe ministers and senior officials suspected of wrongdoing in order to enhance accountability, reports say. A presidential decree published by Dubai Media office indicated that public prosecutor can receive complaints against Read more
Abu Dhabi-based InsurTech Hala has successfully closed its Series A round at $5 million, MAGNiTT reports. The investment round was led by Entrée Capital, with participation from Mubadala Investment Company, EQ2 Ventures, Global Founders Capital, 500 Startups, and Hambro Perks Read more
Qatar and the UAE discussed Thursday ways to boost ties between the two countries in areas including economy, trade and investment projects. Discussion took place in Doha as Emir Sheikh Tamim bin Hamad Al-Thani received a delegation headed by UAE’s Read more
The UAE will host next year in March, during Expo 2020, an international Summit to find appropriate solutions to some of the ongoing issues around the world, the Gulf country said Thursday. The conference to take place March 30 will Read more
The UAE Wednesday said it will grant golden residency visas to humanitarian workers as part of efforts to encourage more people to get involved in humanitarian work, Gulf Business reports. Announced by Sheikh Mohammed bin Rashid Al Maktoum, Vice President Read more
Afghan President Ashraf Ghani is in the UAE, state news agency Wam reported on Wednesday. “The UAE Ministry of Foreign Affairs and International Co-operation can confirm that the UAE has welcomed President Ashraf Ghani and his family into the Read more