e& has secured “all regulatory approvals” and “closing of the deal remains subject to customary remaining closing terms” UAE telecoms giant e& Group said on Tuesday it secured the European Commission’s approval to complete the $2.4 bn (EUR2.2bn) acquisition of a controlling...

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, visited the injured UAE Armed Forces personnel receiving treatment at Zayed Military Hospital in Abu Dhabi. The UAE Ministry of Defence announced that four members of...

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with US Commerce Secretary Gina Raimondo to discuss expanding bilateral collaboration. Economic ties between the UAE and US took centre stage on Wednesday during high-level discussions in Washington. UAE President...

The deal consists of a portfolio of 745 megawatts (MW) of predominantly wind assets – 538 MW in Spain, 144 MW in Portugal and 63 MW solar PV assets in Spain UAE’s Masdar, also known as Abu Dhabi Future Energy Company, said on Tuesday it had reached an agreement to acquire green energy...

The RTA will update traffic signs and road markings along the affected segments to ensure compliance with the new speed limits Dubai’s Roads and Transport Authority (RTA) and the Dubai Police General HQ have announced an increase in the maximum speed limits on portions of Al Amardi...

Teams of Sharjah General Directorate of Civil Defence brought under control a fire that broke out in three electrical appliances warehouses in the Industrial Area 1 and prevented the flames from spreading to nearby warehouses. No casualties were reported as a result of the fire. A...

The New York-based private equity firm received preliminary approval for a license to operate out of the Abu Dhabi Global Market General Atlantic plans to open an Abu Dhabi office by the end of the year and move a dealmaker from London as an inaugural member of the new team, two...

The 75-storey luxury residential tower on Dubai’s Palm Jumeirah is scheduled for completion in Q2 2028 Nakheel, a subsidiary of Dubai Holding Real Estate, has awarded a contract worth Dhs1.8bn to ALEC Engineering & Contracting for the construction of the luxury Como Residences on...

Sharjah Roads and Transport Authority (SRTA) announced the operation of the first phase of environmentally friendly electric bus rides. SRTA launched a number of routes including 3 destinations between cities, as part of enhancing the mass transportation services provided by the...

The ministry’s efforts to strengthen the local currency bond market and diversify funding sources are crucial in fostering a stable financial landscape The UAE’s Government Treasury Bonds and Islamic Treasury Sukuk programmes have successfully issued a total of Dhs25bn, reflecting the...