This is in continuation of the UAE stands with Lebanon campaign
The takeover will value the German company at €62 per share and hinges on the Abu Dhabi oil producer receiving at least 50 per cent plus one share in its tender offer
Coldplay is all set to perform in Abu Dhabi, Dubai, at Zayed Sports City Museum on January 11, 2025. The pre-sale of tickets starts on September 25 from the band's official website
BPCL added that during the exploration phase, the company invested nearly $164 million
ADNOC has big ambitions in gas and LNG, which along with renewable energy and petrochemicals it sees as pillars for its future growth, putting it in competition with regional rivals Qatar
In the pictures shared by Jaiswal, Piyush Goyal can be seen greeting Sheikh Khaled bin Zayed Al Nahyan, and the former receiving a ceremonial welcome
Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan arrived here to a warm welcome on Sunday as he kick-started a two-day maiden visit to India to further boost bilateral ties in a range of areas, including energy and connectivity, amid escalating tensions in West Asia. Commerce and Industry Minister Piyush Goyal received the Crown Prince at the airport following which he was accorded a ceremonial welcome, in reflection of the importance India has attached to the visit. "A new milestone in a historic relationship. His Highness Sheikh Khaled bin Zayed Al Nahyan arrived in Delhi on his first official visit to India," External Affairs Ministry Spokesperson Randhir Jaiswal said on 'X'. "Warmly received by @CimGOI @piyushgoyal and accorded a ceremonial welcome," he said. The Crown Prince is accompanied by several ministers from the UAE government and a business delegation. After concluding the Delhi leg of his visit, Al Nahyan will travel to Mumbai to participate in
The first overseas campus of IIT Delhi was formally inaugurated by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi. The first batch comprises of 52 selected students in the JEE Advanced exam
By 2025, Zayed International Airport wants to be the world's first fully document-free airport
At the graduation ceremony of New York University Abu Dhabi this May, a student wearing the traditional Palestinian black-and-white keffiyeh scarf shouted Free Palestine! as he crossed the stage to receive his diploma, witnesses say. Days later, he reportedly was deported from the United Arab Emirates. The incident at the graduation comes as the UAE tries to balance its diplomatic recognition of Israel with the ongoing Israel-Hamas war that's devastated the Gaza Strip. While offering aid to the Palestinians, there have been none of the mass demonstrations that swept the Arab world here in the UAE, a federation of seven emirates that tightly controls speech and where political parties are illegal. That's stretched into academic life at NYU Abu Dhabi, where students say activities over the war have been barred, and into cultural events in the country's capital as well where those wearing the keffiyeh have been stopped from entering. I think the government and the laws of the country .
Omni-channel beauty platform Purplle Group on Monday announced raising Rs 1,000 crore in a funding round led by a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA). Other investors also participated in the funding and the fresh capital was raised through a combination of primary and secondary shares issuance, according to a statement from Purplle Group. Besides, Purplle has also announced a Employee Stock Ownership Plan (ESOP) liquidity programme and will offer liquidity of Rs 50 crore to its employees. Purplle Co-Founder & CEO Manish Taneja said: "We will constantly innovate and leverage our technology and data capabilities to provide our customers with the best omni-channel experience. In increasing its shareholding in Purplle, ADIA has continued to support us as we pursue our vision of building a sustainable and profitable business." Purplle is one of the fastest-growing retailers in the beauty and personal care (BPC) segment, having grown its GMV by four times ..
That question - Abu Dhabi or Dubai? - is a common one among billionaires, fund managers, startup founders, trust attorneys and even fraudsters who are either in or seeking a slice of the insular world
Abu Dhabi Convention and Exhibition Bureau's Destination Wedding segment is focusing on extending visa support to Indian weddings, covering visa costs
To establish Abu Dhabi as a premier wedding destination, the Abu Dhabi Convention and Exhibition Bureau (ADCEB) has announced an initiative to extend visa support to Indian nationals hosting weddings across the Emirate. The ADCEB, which is a part of the Department of Culture and Tourism Abu Dhabi, is undertaking this initiative to establish the UAE capital as a premier wedding destination, a statement released here said. The recently announced new visa initiative contributes to Abu Dhabi's tourism strategy 2030, which aims to boost visitor numbers to 39.3 million by 2030. The destination wedding segment is among the newest verticals to join the ADCEB as part of an overarching objective to attract domestic and international visitors and increase the sector's contribution to the GDP to AED 90 billion as per the 2030 strategy, the statement said. India is recognised as one of the largest markets for destination weddings globally, making it a key target market for Abu Dhabi. By extend
This investment is separate from the infrastructure investment trust (InvIT) established by RRVL last year, which was intended to accommodate approximately half of its retail warehousing assets
Dubai International Airport has temporarily limited the number of inbound flights due to unprecedented weather conditions
In exchange for the Chinese divestment, G42 was assured that it would have continued access to US technology that powers AI applications, one of the people said
The Abu Dhabi conference highlights any progress for India at the WTO hinges on renewed US engagement in the trade body
SpiceJet on Monday said Abu Dhabi's sovereign wealth fund ADIA has acquired shares of the airline from the open market. However, the carrier did not disclose specific details. A source close to the airline said Abu Dhabi Investment Authority (ADIA) started buying shares in late February. The no-frills carrier is facing multiple headwinds and is in the process of raising funds. "ADIA has acquired shares of the airline from the open market," a SpiceJet spokesperson said on Monday. In recent weeks, the carrier has raised a total of Rs 1,060 crore through preferential issuance of securities. On December 12, the airline had said it would raise fresh capital of Rs 2,250 crore. Shares of SpiceJet declined 1.50 per cent to Rs 62.58 apiece on BSE. As of February 21, 2024, public shareholders, including Foreign Portfolio Investors (FPIs), held 51.51 per cent stake in the carrier, according to stock exchange data.
Countries agree to renew the e-commerce moratorium until next ministerial