Albwardy Investment, the franchise's 100% owner, hired Rothschild & Co to advise on the planned IPO, the sources said Spinneys Dubai LLC, the franchisee of the supermarket chain in the United Arab Emirates and Oman, is planning an initial public offering of the business in the...

The Dubai Public Roundabout Beauty Project is aligned with the ‘Art in Public Spaces’ strategy, designed to showcase Dubai’s rich cultural and artistic heritage Beautification works on four key roundabouts in Dubai have been completed by Dubai Municipality, as part of the Public...

Ban applies to meat imports by sea The UAE has temporarily banned the import of frozen meat from Pakistan through sea routes after fungus was found in a meat consignment. The import of meat by air will not be affected by the ban, local media reported. The ban will stay in...

Dubai is the only Arab city on the Index that features 20 of the world’s most prominent international maritime centres Dubai’s done it again. For the fourth consecutive year, the emirate has ranked among the top five global maritime centres on the International Shipping Centre...

New investment will boost availability of Polish products in LuLu’s supermarket shelves UAE-based retail giant LuLu Group is setting up a logistics hub in Poland to further expand its presence in the European market. The company has just signed two separate agreements with the...

This agreement increases the group’s contracted future revenues to Dhs25.7bn, over 16 times its 2022 annual revenues Satcom giant Yahsat has said that its government services arm, Yahsat Government Solutions, has been authorised by the UAE government to provide satellite capacity and...

Terminal A has the capability to handle 45 million passengers per year, and process 11,000 passengers per hour Abu Dhabi Airports is conducting its largest live trial and testing exercise as part of the operational readiness trials prior to the opening of the new Terminal. The new...

Public sector employees in the UAE will have a holiday on Friday, September 29, to mark the day The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) has announced the official holiday to commemorate the Prophet Mohammed’s birthday. Public and private sector employees in the...

Off-plan segment now dominates property market Dubai’s secondary property market is showing signs of slowing down after experiencing explosive growth on the back of high investor demand. Secondary market sales in Dubai dropped by 10.2% in August 2023 compared to the previous year,...

The 9.4 million sq.ft. project will feature 7,000 homes, a retail area, canals, lakes and jogging tracks, the Dubai-listed developer said Dubai-listed Emaar Properties has announced a $20 billion development including 7,000 villas, luxury mansions. The precise location of The...