ADFG, Shuaa to merge businesses

Dubai: Abu Dhabi Financial Group L.L.C (ADFG), an investment group, and SHUAA Capital on Wednesday announced that they have agreed terms to combine the two businesses. Under the transaction, SHUAA will issue 1.47 billion new SHUAA shares to ADFG’s parent company Abu Dhabi Capital Management in return for the entire issued share capital of ADFG. This […]

Unveiled: 9 boosters for business, tourism in Abu Dhabi

Abu Dhabi: Power bill discounts, access to bank loans, open data, efficient services and a major push for R&D form part of a nine-point policy initiatives launched here on Monday to boost business. Industry leaders welcomed the initiatives, aimed at businesses, investors, entrepreneurs and SMEs in line with Abu Dhabi’s vision to become one of […]

Dubai Duty Free million dollars winner finally contacted, thanks Dubai for the life changing moment

Paul Wachira, who became the first ever Kenyan national to join the long list of Dubai Duty Free‘s dollar millionaires after his ticket number 2162 in Series 302 was drawn on Tuesday, has been finally located. After several failed calls and follow-up emails, he has responded, accepting his win. Franctic calls to his number kept […]