Sheheer

Barclays Bank initiates coverage of five ADNOC stocks

ABU DHABI/WAM Barclays Bank, one of the world’s leading financial institutions, announced it has initiated coverage of five of ADNOC’s listed companies, placing a positive “overweight” rating on each and calling investment in ADNOC’s ecosystem a strategic imperative for global portfolios. The overweight rating for the five companies – ADNOC Distribution, ADNOC Drilling, ADNOC Gas, ADNOC Logistics & Services, and ...

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AqlanX secures $10m investment from DoxAI to launch Arabic-first enterprise AI in Middle East

DUBAI/WAM AqlanX, a UAE-based artificial intelligence company, on Sunday announced a US$10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in the region’s digital transformation journey. The investment, facilitated through connections fostered by the UAE’s NextGen FDI initiative, will accelerate AqlanX’s mission to localise and expand the proven enterprise automation capabilities of DoxAI across the ...

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Crown Prince of Abu Dhabi arrives in Astana on official visit

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in Astana, the capital of the Republic of Kazakhstan, on an official visit, at the invitation of His Excellency President Kassym-Jomart Tokayev. His Highness was received upon arrival at Astana International Airport by His Excellency Olzhas Bektenov, ...

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Banking sector transfers rise to AED3.4 trillion in Jan-Feb 2025: CBUAE

ABU DHABI/WAM Banking operations statistics released on Thursday by the Central Bank of the UAE (CBUAE) showed that the value of transfers executed within the country’s banking sector through the UAE Funds Transfer System (UAEFTS) rose by 15.5 percent during the first two months of this year (January and February), reaching AED3.4 trillion compared to AED2.962 trillion during the same ...

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IHC unveils Aiden Insight 2.0 AI Board Observer

ABU DHABI/ WAM IHC, the global investment company focused on building dynamic value networks, has announced a major milestone in its AI governance journey with the introduction of Aiden Insight 2.0, the next-generation AI Board Observer. Developed in collaboration with aleria, Aiden Insight 2.0 is the UAE’s first fully sovereign, on-premise AI observer, enhancing data security while redefining how boardrooms ...

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A Midday Thai Escape at Thiptara: Introducing ‘The Taste of Siam’ Business Lunch

DUBAI/ GULF TIME Downtown Dubai’s celebrated Thai dining destination, Thiptara, invites guests to transform their midday routine with the launch of its new elegant business lunch experience, The Taste of Siam. Starting from May 5, the three-course set menu is a flavourful lunchtime treat inspired by the vibrant cuisine of Thailand. Set within Thiptara’s refined interiors where rich wood tones, ...

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