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Adani share sale subscriptions advance

Bloomberg Gautam Adani inched closer to completing his flagship company’s $2.5 billion share sale, a feat that could offer Asia’s richest man some reprieve after his empire was rocked by allegations of fraud by short seller Hindenburg Research. Investors had placed orders for about 85% of the total shares on sale in the follow-on offering by Adani Enterprises Ltd. as ...

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PureGym Arabia opens its first flagship club in Dubai

  Dubai / Gulf Time With the attendance of Sultan Butti bin Mejren, Director General of Dubai Land Department, Ahmed Al Bawardi, CEO of Tanami Arabia Co. and Chairman of Ektimal Sports Co., Humphrey Cobbold – Chief Executive Officer of PureGym UK and Turki Al Rajhi – Partner at Al Rajhi Holdings, PureGym Arabia, the franchise partner of PureGym Group ...

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UAE President’s visit to Pakistan postponed

  Abu Dhabi / WAM The official visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the Islamic Republic of Pakistan, which was scheduled for Monday, will be postponed due to weather conditions. During the visit, UAE President and Pakistan’s Prime Minister were due to discuss areas of mutual cooperation between the UAE and Pakistan. A phone ...

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