Articles
Mubadala acquires 1.9% stake in Sibur, Russia’s largest petrochemicals company
The Abu Dhabi company has invested more than $3bn in businesses in the country since 2010
Mubadala invests in US enterprise software company Medallia
The Abu Dhabi fund made the investment alongside private equity firm Thoma Bravo
UAE's latest legal reforms indicate its business environment is 'flexible'
Legislation in three economic sectors, including commercial companies, commercial registry and trademarks, underwent largest amendments to date
Sheikh Hamdan lauds private sector’s role in enhancing career opportunities for UAE
Crown Prince meets 300 Emiratis recently recruited by Majid Al Futtaim as part of the Nafis Emiratisation programme
Shares in IHC’s subsidiary Multiply jump on market debut
Company is the eighth IHC unit to list on Abu Dhabi’s main market in less than a year
Renewables set for a record year but faster delivery needed to reach net zero, IEA says
Global renewable electricity capacity is forecast to rise to more than 4,800 gigawatts by 2026, up 60% from the 2020 levels
Multiply, tech-focused IHC subsidiary, to list on ADX on December 5
It would be the holding company's eighth unit to list on the emirate’s main market in less than a year
Nine companies secure credit insurance under Abu Dhabi's financial ecosystem programme
The initiative seeks to improve the credit environment for the industrial and commercial sectors by motivating banks to compete and provide prominent financing services and products
UAE works with Siemens to accelerate digitisation of industry
The move will support objectives of the country's Industry 4.0 programme to raise industrial productivity by 30% and add about $6.8bn to the Emirates' economy over the next decade
Abu Dhabi’s Yahsat to be included in FTSE UAE Small Cap Index
Satellite company’s inclusion is expected to further diversify its investor base
Central Bank issues rules for exchange houses to combat money laundering
The country has strict laws to prevent money laundering and the financing of terrorism
Dubai offers incentives to encourage new stock market listings
Incentives from DFM include support prior and post listing on the local bourse and a three-year waiver on fees
ADIB appoints Nasser Al Awadhi as group CEO
He will join the Abu Dhabi lender in January 2022
Edge teams up with Sanad to service Rolls-Royce Trent 700 engines
The Rolls-Royce engines power UAE’s Airbus A330 Multi Role Tanker Transport fleet
Edge secures $880m deal from UAE Armed Forces for its Halcon unit
The contract is among the largest awarded by the Armed Forces, the company says
