ADGM Sees 245% Growth in Assets Under Management in 2024
ADGM Achieves Remarkable Growth and Reaffirms Commitment to Sustainable Finance ADGM’s Unprecedented Growth in 2024 Abu Dhabi Global Market (ADGM) saw a remarkable 245% growth in assets under management (AUM)…
Alpha Data IPO: Big Investment Opportunity with 8.7% Dividend Yield
Alpha Data Plans IPO, First of 2025 in Abu Dhabi Alpha Data, a leading technology company in the UAE, is preparing to go public. The company will launch its initial…
Damac Properties Raises $750 Million Through 3.5-Year Sukuk
Strong Demand for Damac Properties’ Sukuk Dubai-based luxury real estate developer Damac Properties successfully raised $750 million by issuing a 3.5-year sukuk. The Islamic bond, which follows Sharia-compliant financing principles,…
Abu Dhabi Invests $461 Million in Bitcoin ETF
Major Investment in Bitcoin ETF Abu Dhabi has made a massive investment in Bitcoin. The city’s sovereign wealth fund, Mubadala Investment Company, recently bought over $461 million worth of BlackRock’s…
Abu Dhabi Imposes Fines of Up to Dh4,000 for Littering and Improper Cigarette Butt Disposal
Abu Dhabi Announces New Littering Fines Up to Dh4,000 Abu Dhabi has raised the stakes with its new littering penalties to combat pollution and ensure a cleaner environment. The new…
Jennifer Lopez to Rock Abu Dhabi at Saadiyat Nights Finale
Jennifer Lopez to Light Up Abu Dhabi at Saadiyat Nights Finale Global superstar Jennifer Lopez is bringing her electrifying performance to Abu Dhabi. She will headline the Saadiyat Nights grand…
UAE Uses Plane Wastewater to Prevent Monkeypox Spread
UAE Uses Wastewater Samples to Prevent Monkeypox Spread The UAE has taken a proactive step to monitor and prevent monkeypox outbreaks by using wastewater samples from airplanes. This innovative approach,…
Two Major Roads Closed in Abu Dhabi: Plan Your Travel Accordingly
Two Major Roads Closed in Abu Dhabi: Everything You Need to Know Abu Dhabi authorities have announced that two major roads closed in Abu Dhabi to improve infrastructure and ensure…
Etihad Rail: 30-Minute Dubai-Abu Dhabi High-Speed Train
Etihad Rail Unveils Fast Train Connecting Dubai and Abu Dhabi in 30 Minutes Etihad Rail has revealed a new all-electric passenger service that will transform travel between Dubai and Abu…
UAE Bans Unwarranted Price Hikes for Essential Goods
The UAE Bans Unwarranted Price Hikes for Essential Goods. They also introduced strict measures to stop unjustified price increases for basic goods. This new policy, led by the Ministry of…