Economy

Shuaa files application to launch Spac IPO on Nasdaq

Dubai-based investment bank is looking to raise up to $200m through the listing of first of its three planned Spacs Dubai-based investment bank Shuaa Capital has filed...

Turkey, UAE sign FX swap deal worth $5 billion

Turkey and the United Arab Emirates signed a three-year currency swap deal worth $4.9 billion, their central banks said on Wednesday. The deal is aimed at strengthening...

Dubai business licence issuances see major boost in 2021

The emirate, which is the financial hub of the UAE, issued 72,152 new business licences compared to 2020 when 42,729 licenses were issued

Meet the inspirational 2022 Zayed Sustainability Prize winners

Award has transformed the lives of more than 352 million people in 150 countries since 2008 Many of this year's Zayed Sustainability Prize winners were inspired by...

UAE private sector pledges to put more women in leadership roles by 2025

The UAE’s private sector is again taking greater strides to boost gender parity, with 18 local and multinational companies pledging to increase the representation...

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