Dubai: Uber Technologies Inc. is set to announce a $3.1 billion (Dh11 billion) cash-and-share deal to acquire its Dubai-based rival Careem Networks FZ as early as this week, according to people with knowledge of the matter. The US ride-hailing giant will pay $1.4 billion in cash and $1.7 billion in convertible notes for Careem, the […]
Sydney: Investors ditched shares on Monday and fled to the safety of bonds as risk assets fell out of favour on growing fears of a US recession, sending global yields plunging. The gloomy mood was expected to spread across Europe and US markets, Spreadbetters showed, with London’s FTSE futures off 0.3 per cent and E-minis […]
ABU DHABI: His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, met with the Uzbekistan President Shavkat Mirziyoyev on Monday to discuss ways of enhancing bilateral relations and tackling a variety of regional and global issues, according to a statement from WAM. […]
National Bank of Ras Al Khaimah to hold investor meetings in Hong Kong, Singapore and London
The reseach, which also covers water scarcity, will be conducted over the next five years.
One of Birmingham’s most sought-after locations to be showcased at International Property Show in Dubai
Less than half are currently saving regularly for their retirement, the study suggests.
Abu Dhabi: The UAE government’s surplus posted Dh67.5 billion in 2018, according to the latest figures released by the Ministry of Finance. The surplus increase is attributed to the rise in the UAE Government’s revenues, which hit Dh455.5 billion in 2018, while expenditures totalled Dh388.147 billion. Earlier, the Federal Competitiveness And Statistics Authority announced that […]
Omniyat announces financing from Mashreq Bank for the fit-out of hotel in The Opus by Zaha Hadid in Downtown Dubai
Thousands of honey bees are being distributed to UAE farms after arriving at Ras Al Khaimah International Airport