Bloomberg SoftBank Group Corp is considering selling its stake in the holding company of Raine Group, the merchant bank that’s advised on some of the Japanese company’s biggest deals, people familiar with the matter said. The potential stake sale would fit into SoftBank’s retrenchment from a deal-hungry technology conglomerate to one more focused on smaller investments, according to the ...
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Dubai / Gulf Time InstaRunway.com, GCC’S newest e-commerce platform, hosted a vibrant and fun Galentine’s event in Dubai for its exclusive VIP women customers amidst the backdrop of the Dubai Skyline. The event also offered a sneak peek to the latest collections of their portfolio of internationally renowned brands like SJP by Sarah Jessica Parker, Furla, Olivia Burton London ...
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Dubai / Gulf Time Nest Finders celebrated a series of successes in a big evening held by the company at the Queen Elizabeth Hotel in Dubai. Khaled Yaghmour, General Manager of the company, honoured the company’s employees who achieved the highest sales for the past year 2022. On this occasion, Khaled Yaghmour said, the company has achieved great successes in ...
Read More »ABU DHABI / WAM The UAE has sent five aircraft carrying relief supplies, which arrived on Friday in Türkiye and Syria, bringing the total to 27 aircraft sent so far under the ‘Gallant Knight/2’ operation, launched with the purpose of aiding earthquake-affected people in both countries. To date, the UAE has sent a total of 17 aircraft to Türkiye, ...
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Abu Dhabi / WAM The Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), signed two green finance agreements with the government of Angola, valued at AED445 million. The financing is provided in cooperation with Standard Chartered Bank. One agreement, valued at AED330 million, relates to the acquisition of an analytical platform, main data ...
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Abu Dhabi / WAM The International Defence Conference 2023 will be held on February 19 at the Adnoc Business Centre in Abu Dhabi with the participation of a large number of leaders, decision-makers, ministers, senior officials and speakers representing defence industries from all over the world. Held under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
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Dubai / WAM Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, has discussed ways to enhance cooperation between the UAE and Japan on manpower and skill development with Akio Isomata, Japanese Ambassador to the UAE. The meeting, which was held at the Ministry’s office in Dubai, also reviewed the legislation and procedures regulating the UAE labour market, initiatives ...
Read More »Dubai / WAM A total of 2,785 real estate transactions worth AED10.3 billion were conducted during the week ending 10th February, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report revealed that 311 plots were sold for AED2 billion, while 1,999 apartment and villa sales totalled AED4.59 billion. The top three transactions were a ...
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Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan accepted condolences from His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, and His Highness Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, over the passing of Sheikha Maryam bint Abdullah bin Sulayem Al ...
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Abu Dhabi / WAM Multiply group, an Abu Dhabi-based investment holding company, reported AED18.56 billion in net profit for 2022, driven by the strong performance of the group’s investments and growth in its operating portfolio. Despite several global headwinds, most of its subsidiaries showed growth in operating profits in 2022, highlighting the strength of these businesses and the resilience of ...
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