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Gulf Capital Completes Full Exit From Gulf Marine Services (GMS), Generating A Multiple Of Over 5.3x On Its Original Investment
Gulf Capital, one of the largest and most active alternative asset management firms in the Middle East, recently completed its full exit from Gulf Marine Services ("GMS")through four consecutive block sales over the last monthon the London Stock Exchange.
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Abu Dhabi Global Market, Hong Kong Monetary Authority Advance FinTech Cooperation
Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, and the Hong Kong Monetary Authority signed a cooperation agreement today to jointly promote and enable financial services innovation, and accelerate cross-border FinTech business opportunities in Hong Kong and the UAE.
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Department Of Transport Launches ’Rehla’ Awareness Campaign
The campaign encourages supporting DoT’s efforts to enforce a world-class transport sector that is sustainable, secured and supports the economic growth in the emirate.
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UAE Central Banks Announces M1 Decrease To AED500 Billion
The UAE Central Bank has announced that the Money Supply aggregate M1 decreased by 3.3 percent, from AED517.4 billion at the end of April 2018 to AED500.1 billion at the end of May 2018.
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ADM Starts RASID System To Protect Public Facilities, City View
The Abu Dhabi City Municipality, ADM, has launched a new service, as part of the Unified Portal Services App of the Department of Urban Planning and Municipalities, named RASID.
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ADNEC Partners With SEHA For Inaugural Of Abu Dhabi International Boat Show
The Abu Dhabi National Exhibitions Company, ADNEC, has announced its partnership with SEHA as Official Healthcare Provider for the inaugural edition of the Abu Dhabi International Boat Show, ADIBS, 2018, which will be held from 17th to 20th October, at the Abu Dhabi National Exhibition Centre.
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Anticipation Builds For Abu Dhabi Classics’ New Season Of Cultural Harmony
Abu Dhabi Classics is gearing up for its eighth season and is set to bring a dynamic and diverse programme of classical and traditional music to the Capital.
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Fluctuations in oil prices do not serve producers and consumers: Al Mazrouei
Fluctuations in oil prices do not serve producers and consumers alike, stated Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry and President of the OPEC Conference, while addressing the 9th meeting of the Joint Ministerial Monitoring Committee.
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Nahyan bin Mubarak Attends Indian Embassy Yoga Day Celebrations
The Embassy of India in Abu Dhabi, in the presence of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, celebrated the 4th International Yoga Day at the Umm AL Emarat park on 21st June 2018.
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Khalifa Fund Signs MoU With Majid Al Futtaim Hypermarkets To Support Local Entrepreneurs
Khalifa Fund for Enterprise Development has recently signed a Memorandum of Understanding (MoU) with Majid Al Futtaim Hypermarkets LLC as part of its efforts to fuel an entrepreneurial culture of UAE and support Khalifa Fund members.
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