The IPO will provide ‘investors exposure to a Top 3 oil and gas producer and one of the largest holders of reserves in the Sultanate’, says the company. It has been expanding its…
Tag: offer
Abu Dhabi launches first Rental Index to offer greater transparency in property market
“The Rental Index will energise the rental market in Abu Dhabi and further contribute to the emirate’s competitive edge to attract international investors,” said Rashed Al Omaira, Acting Director General, Abu Dhabi Real…
ADNOC ups takeover offer for Germany’s Covestro to $12.5b for one last time
Abu Dhabi: After more than a year since talks began, Germany’s Covestro AG said it’s entering “concrete negotiations” with Abu Dhabi National Oil Co. (ADNOC) on a potential takeover that could value…
Saudi Aramco’s $12b stock offer sells out in hours
The shares fell as much as 2.9 per cent to 28.30 riyals Sunday, valuing Aramco at about $1.8 trillion. The stock has dropped about 14 per cent this the start of this…
Credit cards offer to save you from all your travel troubles: What you may not know
Dubai: Travel never comes cheap, especially if you’re flying far from home. This is why travellers tend to pay for travel insurance before they even depart to the airport. But did you…
Supermarket chain Spinneys to offer 70% of profit after tax as dividend
Dubai: The supermarket operator Spinneys will pay 70 per cent of its profit after tax to shareholders, the Dubai headquartered company has confirmed. Dividends will be paid in April and October, with…
Dubai renters turn homeowners? Developers offer affordable homes under Dh1 million
Dubai: Dubai property market is seeing a wave of offplan properties with Dh1 million or under price tags as developers try to convince more residents to turn themselves into end-user buyers. This…
Dubai’s new property listing rules offer brokers a chance to up their game
It’s nothing short of a pivotal transformation for the Dubai real estate landscape after the recent changes to the issuing of property advertising permits. These modifications are set to recalibrate the dynamics…
Video: UAE startups offer another option to buying electric vehicles – convert your petrol-powered ones
Dubai: Want to ‘switch’ to an electric vehicle? These days, you can do so even with the fuel-powered vehicle that you own. A handful of UAE based startup businesses are offering such…
Thailand to offer medical coverage up to $14,000 for tourists
BANGKOK: Thailand has launched a scheme to offer visitors up to $14,000 in medical coverage in the event of an accident, the tourism minister said Thursday, as the kingdom seeks to lure…