DEWA’s shares began trading on April 12 under the ticker DEWA UH EQUITY. The stock is trading at 2.89 dirhams after an offer price of 2.48 dirhams, which was the top end of the marketed range. |
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An expert group of panellists revealed how technology will change business operations in the future
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Former pilot turned YouTube celebrity CryptoJack discusses investments in Bitcoin and ethereum, the metaverse and Web 3.0
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Saudi Arabia’s fintech market is expected to reach transaction values of more than $33 billion by 2026 and the market is expected to grow annually by 15 percent
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The recent announcement of full foreign ownership for specific businesses adds to a positive economic environment as the government’s push to attract FDIs lifts confidence in real estate
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The bi-annual State Street Global Advisors report considered 34 of the largest sovereign wealth funds, located in 26 different jurisdictions, which as of year-end 2020, have total assets of approximately $8.5 trillion
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The ADX listed satellite solutions provider signed an agreement worth more than $700 million with the UAE government for managed capacity services on the Thuraya 4 Next Generation Satellite
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ADQ’s Mohamed Alsuwaidi is also the chairman of TAQA and EWEC, while Sofia Lasky is on the boards of IHC and Alpha Dhabi Holding
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The UAE Cabinet discussed the UAE Digital Economy Strategy, which includes more than 30 initiatives and programmes targeting six sectors and five areas of growth |
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Government-led strategies, enabling policies, a strong regulatory framework, and a supportive local ecosystem have led investors and VCs to tap into a flourishing startup community, experts said
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Monday's real estate transactions included sales of 345 villas and apartments worth $206.6 million, and 58 land plots worth $98.25 million, in addition to mortgages
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To achieve climate goals, renewable energy must grow at a faster pace than demand
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The technology has accelerated time-to-insight from months to minutes, advancing healthcare, image processing, natural disaster recovery, 3D printing, 5G, AI, and more
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At COP26, nations asked financial institutions to limit the financing of new oil and gas projects, and six months after that they’re asking for more oil, the UAE Minister of Energy Suhail Al-Mazrouei pointed out
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The market now offers liquidity, an inflation hedged income flow, and safety in one of the world’s preeminent hard currency business hubs. This is a compelling argument for investors both in UAE and abroad |
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For the near future, financial executives can expect substantial ambiguity surrounding all things DeFi, which they can confront with an open mind, a level head, and a willingness to roll up their sleeves and get involved
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Dubai needs a fully transparent regime, the availability of trusted brokers and trading platforms, easy funding and withdrawal pathways, and sophisticated tech infrastructure to allow for faster execution
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Crypto trader and investment expert Jack Skipp aka @CryptoJack is the first interview in a special sponsored series which sees Arabian Business join forces with The Spencer Lodge Podcast |
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