H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, MoFAIC, attended More…

Rough seas and water surge expected over UAE’s east coast.

Former Fugees star will be supported by British singer-songwriter Bruno Major

The cyclone will affect the UAE from Monday to Wednesday.

Aramco said the IPO would be split into two tranches – one each for institutional and individual investors.

(Bloomberg): Saudi Arabia has finally kicked off what could be the world’s biggest initial public offering. More than three years after Crown Prince Mohammed bin Salman first raised the idea – and just three weeks after a plan to launch the share sale was abruptly shelved – the Saudi Capital Market Authority approved Aramco’s offering. […]

Dubai: From its beginnings in 1938 when it first struck oil with the aptly named “Well of Prosperity,” Saudi Arabia’s energy giant Aramco has delivered unimaginable riches to the kingdom. It has since grown into the world’s largest and most profitable company, generating 10 per cent of global crude supplies and trillions of dollars in […]

Los Angeles: I hope Alphabet Inc. has a plan. The Google parent company announced that it would spend $2.1 billion (Dh7.7 billion) to buy Fitbit Inc., a pioneer in the fitness-tracking gadgets that haven’t proved to be a lasting category of consumer electronics. Google has now spent billions of dollars developing homegrown hardware such as its […]

Dubai: Saudi Arabia kick-started Aramco’s initial public offering (IPO) on Sunday as its market regulator approved the oil giant’s application to list on the domestic bourse and create the world’s most valuable listed firm. A statement from the Capital Market Authority (CMA) did not give a time frame or say how much Aramco would sell, […]