Company Insights ADQ Banking & Finance ADQ News Markets Shares in Abu Dhabi’s Pure Health surge on bourse debut Shares in Abu Dhabi’s Pure Health gained more than 70 percent on its debut on the UAE capital’s bourse on Wednesday. The healthcare provider, part-owned by Abu Dhabi sovereign fund ADQ, sold 10 percent of its stock at AED 3.26 ($0.89) per share in an initial public offering that raised AED 3.62 billion ($986 million) […] December 20, 2023 Exclusive Construction Aldar ‘confident’ of doubling market cap within five years Abu Dhabi developer Aldar Properties is ramping up an international expansion drive that, alongside plans to grow its UAE portfolio, will help to double its market cap, its group chief executive said. Aldar’s market cap is currently $12 billion, and group CEO Tilal Al Dhiyebi foresees “doubling that in five years,” he told AGBI in […] December 18, 2023 Analysis Trade UAE and Kazakhstan launch trade investment platform The UAE and Kazakhstan have announced the launch of a new investment vehicle focused on high-growth sectors. The countries are planning $1 billion in annual bilateral trade. Abu Dhabi’s ADQ and the Qazaqstan Investment Corporation (QIC), the main driver of direct investment into Kazakhstan, said the focus will be on food and agriculture, mobility, healthcare, […] December 7, 2023 Sustainability Tadweer unveils plan to decarbonise waste industry Abu Dhabi Waste Management Company (Tadweer) is spearheading an initiative to address rising emissions in its industry. The company launched its global Waste to Zero programme at the Cop28 climate conference in Dubai on Wednesday. “The initiative invites governments, private players, technologies, education institutions and the public to join hands, start looking at the challenge […] December 6, 2023 Video length: 06:23 Banking & Finance How banks are navigating fossil fuel financing Banks are navigating a complex battleground over fossil fuel phase-out: deciding whether or not to fund companies in oil and gas and other high-emitting sectors, they told a Dubai event staged in parallel with the Cop28 summit. The chief executive of ING, the Netherlands’ biggest retail bank, said the company had stopped providing dedicated finance […] December 4, 2023 Health PureHealth plans to launch IPO on Abu Dhabi exchange Healthcare provider PureHealth Holding has announced plans to launch an initial public offering (IPO) on the Abu Dhabi Securities Exchange to fuel its global expansion efforts. The listing, likely to be in December, is subject to regulatory approvals, the UAE state-run Wam news agency reported. Existing shareholders are Alpha Dhabi Holding and International Holding Company […] November 21, 2023 Opinion Economy Egypt must weigh up finance woes with key role in conflict The country has a crucial part to play November 17, 2023 Health Work starts on Dubai factory for Indian pharma business Construction has started on a $54 million factory in Dubai for Indian herbal pharmaceuticals company Himalaya Wellness, as analysts predict more international investment in the UAE healthcare sector. The factory at Dubai Industrial City, supported by financing from Emirates Development Bank, will produce tablets, capsules, liquids and ointments. The Bangalore-based company, founded in 1930, already […] November 8, 2023 Finance UAE and Jordan to explore $2bn opportunities The UAE’s Ministry of Investment has signed a deal with the government of Jordan to explore potential opportunities worth more than $2 billion. The memorandum of understanding will look to boost bilateral investments in sectors including renewable energy, industrial projects, manufacturing, transport, pharmaceuticals and food processing, the UAE state-run news agency Wam said. The UAE’s […] November 2, 2023 Banking & Finance Fund managers hedge bets between Dubai and Abu Dhabi A growing number of hedge funds are choosing to register in both the UAE’s financial hubs, according to the CEO of a consultancy that advises businesses on setting up in the Emirates. Clare Curtis, CEO of Effecta Compliance, told an investment conference on Monday that there was strong interest in the Dubai International Financial Centre […] November 1, 2023 Posts navigation Previous 1 … 13 14 15 … 21 Next
Markets Shares in Abu Dhabi’s Pure Health surge on bourse debut Shares in Abu Dhabi’s Pure Health gained more than 70 percent on its debut on the UAE capital’s bourse on Wednesday. The healthcare provider, part-owned by Abu Dhabi sovereign fund ADQ, sold 10 percent of its stock at AED 3.26 ($0.89) per share in an initial public offering that raised AED 3.62 billion ($986 million) […] December 20, 2023
Exclusive Construction Aldar ‘confident’ of doubling market cap within five years Abu Dhabi developer Aldar Properties is ramping up an international expansion drive that, alongside plans to grow its UAE portfolio, will help to double its market cap, its group chief executive said. Aldar’s market cap is currently $12 billion, and group CEO Tilal Al Dhiyebi foresees “doubling that in five years,” he told AGBI in […] December 18, 2023
Analysis Trade UAE and Kazakhstan launch trade investment platform The UAE and Kazakhstan have announced the launch of a new investment vehicle focused on high-growth sectors. The countries are planning $1 billion in annual bilateral trade. Abu Dhabi’s ADQ and the Qazaqstan Investment Corporation (QIC), the main driver of direct investment into Kazakhstan, said the focus will be on food and agriculture, mobility, healthcare, […] December 7, 2023
Sustainability Tadweer unveils plan to decarbonise waste industry Abu Dhabi Waste Management Company (Tadweer) is spearheading an initiative to address rising emissions in its industry. The company launched its global Waste to Zero programme at the Cop28 climate conference in Dubai on Wednesday. “The initiative invites governments, private players, technologies, education institutions and the public to join hands, start looking at the challenge […] December 6, 2023
Video length: 06:23 Banking & Finance How banks are navigating fossil fuel financing Banks are navigating a complex battleground over fossil fuel phase-out: deciding whether or not to fund companies in oil and gas and other high-emitting sectors, they told a Dubai event staged in parallel with the Cop28 summit. The chief executive of ING, the Netherlands’ biggest retail bank, said the company had stopped providing dedicated finance […] December 4, 2023
Health PureHealth plans to launch IPO on Abu Dhabi exchange Healthcare provider PureHealth Holding has announced plans to launch an initial public offering (IPO) on the Abu Dhabi Securities Exchange to fuel its global expansion efforts. The listing, likely to be in December, is subject to regulatory approvals, the UAE state-run Wam news agency reported. Existing shareholders are Alpha Dhabi Holding and International Holding Company […] November 21, 2023
Opinion Economy Egypt must weigh up finance woes with key role in conflict The country has a crucial part to play November 17, 2023
Health Work starts on Dubai factory for Indian pharma business Construction has started on a $54 million factory in Dubai for Indian herbal pharmaceuticals company Himalaya Wellness, as analysts predict more international investment in the UAE healthcare sector. The factory at Dubai Industrial City, supported by financing from Emirates Development Bank, will produce tablets, capsules, liquids and ointments. The Bangalore-based company, founded in 1930, already […] November 8, 2023
Finance UAE and Jordan to explore $2bn opportunities The UAE’s Ministry of Investment has signed a deal with the government of Jordan to explore potential opportunities worth more than $2 billion. The memorandum of understanding will look to boost bilateral investments in sectors including renewable energy, industrial projects, manufacturing, transport, pharmaceuticals and food processing, the UAE state-run news agency Wam said. The UAE’s […] November 2, 2023
Banking & Finance Fund managers hedge bets between Dubai and Abu Dhabi A growing number of hedge funds are choosing to register in both the UAE’s financial hubs, according to the CEO of a consultancy that advises businesses on setting up in the Emirates. Clare Curtis, CEO of Effecta Compliance, told an investment conference on Monday that there was strong interest in the Dubai International Financial Centre […] November 1, 2023
