After months of intensive negotiations and strategic planning, the Abu Dhabi investment firm KBBO Group, along with its hospital unit, has received the green light from the court to proceed with its comprehensive restructuring plan. Deloitte, serving as the trustee of the group, announced this significant development, marking a pivotal moment in KBBO Group’s journey […]
Dubai’s iPhone
Abu Dhabi-based Mubadala and New York University Abu Dhabi (NYUAD) have formalized an innovative partnership aimed at fostering collaboration on a range of mutually advantageous projects. This promising initiative was solidified through the signing of a Memorandum of Understanding (MoU), marking a significant step towards advancing joint research efforts and program development. In an exciting […]
The UAE’s financial prosperity is on a trajectory to reach $1.3 trillion by 2027, propelled by a robust compound annual growth rate (CAGR) of 5.5 percent from $1 trillion in 2022, as reported by the Boston Consulting Group (BCG). A significant portion of this wealth, approximately 25 percent, is attributed to ultra high net worth […]
In a significant development for the global alternative investment landscape, Lunate, a newly established independent investment management firm, has officially launched in Abu Dhabi with an impressive $50 billion in Assets under Management (AuM). This ambitious endeavor positions Lunate as one of the largest players in the Middle East and North Africa (MENA) region. The […]
Everton Football Club, a revered institution in English soccer, is set to undergo a change in ownership as American private investment firm 777 Partners steps into the arena, according to an announcement made by the club on Friday. Majority shareholder Farhad Moshiri has chosen to divest his significant 94.1% stake in the Premier League club, […]
London, September 14, 2023: Kenneth Branagh’s directorial masterpiece, “A Haunting in Venice,” marks the triumphant return of the iconic Hercule Poirot, brilliantly portrayed by Branagh himself, in the role of the celebrated detective created by the legendary Agatha Christie. Drawing inspiration from Christie’s novel “The Halloween Party,” the film commences with Poirot’s self-imposed retirement, a […]
A recent study has unveiled that many women might be unaware of the potential risk of developing womb cancer when taking higher doses of hormone replacement therapy (HRT). Although HRT containing oestrogen is generally safe when used at the prescribed dosage, women often resort to larger doses of these medications to alleviate menopause-related symptoms, as […]
The Dubai International Financial Centre (DIFC) has made a momentous announcement by unveiling its inaugural venture into the residential real estate sector – DIFC Living. Prospective apartment sales for this pioneering residential project are poised to commence on September 20, 2023. The introduction of DIFC Living signifies a remarkable expansion of the DIFC’s distinctive offerings, […]
In a proactive move aimed at promoting public health, the UAE health authorities are launching an upgraded version of the Al Hosn app, set to be unveiled on September 13th in Dubai. This enhanced version of the app will provide seamless digital access to children’s vaccination records, signifying a pivotal step towards bolstering preventive measures […]