Tag: UAE Business News
Dubai Investments sells 50% stake in Emicool to Actis for $1bn
UAE-based leading investment company, Dubai Investments has sold a 50 percent stake in Emirates District Cooling (Emicool) to investment firm Actis at a corporate...
ADNOC L&S inks ship building contract with China’s Jiangnan Shipyard
Abu Dhabi National Oil Company’s (ADNOC) shipping and maritime logistics arm ADNOC Logistics & Services (ADNOC L&S) has signed a Ship Building Contract for...
Securrency Capital gains Financial Services Permission from ADGM
Securrency Capital, a broker-dealer based in the Abu Dhabi Global Market (ADGM), has secured a Financial Services Permission (FSP) from ADGM's Financial Services Regulatory...
UAE signs MoU with Costa Rica to promote tourism exchange
UAE Ministry of Economy has signed a Memorandum of Understanding (MoU) with the Costa Rican Tourism Institute in order to promote cooperation in the...
France’s Egis acquires Dubai-based Waagner Biro Bridge Services
French global infrastructure and mobility consultancy Egis has completed its acquisition of Dubai-based Waagner Biro Bridge Services group of companies, its fifth purchase in...
dnata opens new state-of-the-art cargo center at London Heathrow Airport
The Dubai National Air Transport Association (dnata), a leading global air and travel services provider, has inaugurated a new, state-of-the-art cargo center at London...
UAE’s agro tech firm Right Farm raises $2.8mn in seed funding
UAE-based agriculture technology firm, Right Farm has raised $2.8 million (Dhs10.2 million) in its seed funding round.
The company said in a statement that “the...
Saudi seafood chain Shrimp Nation eyes UAE expansion
Saudi Arabia’s largest seafood restaurant chain Shrimp Nation has revealed plans to open its first branches in the UAE with an investment value of...
