Recent Posts

UAE leaders condole with Indian President over passing of former prime minister

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to Droupadi Murmu, President of the Republic of India, over the passing of former Indian prime minister Manmohan Singh. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness ...

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Shuaa Capital approves launch of MCB tranches

DUBAI / WAM SHUAA Capital has announced the approval of two Mandatory Convertible Bond (MCB) tranches by its Board of Directors, with a total value of up to AED425.5 million. This marks the final step in SHUAA’s capital optimisation journey, reinforcing its strategic focus on delivering value to shareholders. The issuance remains subject to approvals from shareholders and regulatory authorities. ...

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UAE issues new law to regulate pharma industry

ABU DHABI/WAM The UAE Government has issued a Federal decree-law to regulate medical products, the pharmacy profession, and pharmaceutical establishments. The objectives include solidifying the UAE’s position as a globally trusted hub for pharmaceutical and medical industries, enhancing pharmaceutical security, and streamlining the development, approval, manufacturing, marketing, and distribution of medical products, all in adherence to international standards and competitive ...

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