Featured HealthcareMubadala mulls investment in healthcare company NMC HealthPritam BordoloiMarch 2, 2020March 2, 2020 by Pritam BordoloiMarch 2, 2020March 2, 2020 Mubadala is reportedly considering buying a stake as well as acquiring a board seat in the healthcare company... Read more
Featured TelecomUAE telco du deploys first live millimetre wave 5G site at Yas IslandPritam BordoloiFebruary 27, 2020February 27, 2020 by Pritam BordoloiFebruary 27, 2020February 27, 2020 The site will provide ultra-high mobile broadband speeds of up to 2.1Gbps using a 26GHz frequency... Read more
Featured TechnologyUAE’s EDGE allocates Dh1 bn funds for advanced technologies in defenceInternational FinanceFebruary 26, 2020March 18, 2020 by International FinanceFebruary 26, 2020March 18, 2020 Last year, EDGE signed several military and security deals over $5 billion... Read more
Featured TechnologyUAE-based telco Etisalat acquires German cybersecurity firm Help AGPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats... Read more
Energy FeaturedSamsung wins $952 mn contract to develop power plant in the UAEPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Samsung and Marubeni will jointly develop the 2,400 MW combined cycle power plant in Fujairah... Read more
Featured TechnologyDubai to launch blockchain platform for instant bank account facilityPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 In order to do so, Dubai has set up a blockchain consortium consisting of six UAE banks... Read more
Featured FintechBahrain’s GFH acquires 70% stake in Dubai fintech MarshalPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%... Read more
Featured Islamic BankingDubai Islamic Bank to increase foreign ownership limit from 25% to 40%Pritam BordoloiFebruary 15, 2020February 14, 2020 by Pritam BordoloiFebruary 15, 2020February 14, 2020 The bank’s board of directors at Dubai Islamic Bank suggested the FOL changes... Read more
Featured Real EstateDubai property market to see the addition of 62,500 new units in 2020Pritam BordoloiFebruary 12, 2020February 12, 2020 by Pritam BordoloiFebruary 12, 2020February 12, 2020 The number of units to be completed in Dubai this year is the highest in more than a decade... Read more
Featured Oil & Gas2030: Adnoc to cut greenhouse gas emissions by 25%Pritam BordoloiFebruary 11, 2020February 11, 2020 by Pritam BordoloiFebruary 11, 2020February 11, 2020 ADNOC is already among the five lowest carbon emitters in the oil and gas industry... Read more