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UMEX and SimTEX 2024 close; land $790m in defence deals

The sixth edition of UMEX & SimTEX 2024 concluded today with the three-day high-profile defence show witnessing 18 deals at a total value AED2.932 billion ($790 million), the largest so far, the Tawazun Council announced. 

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UMEX and SimTEX 2024 close; land $790m in defence deals

The sixth edition of UMEX & SimTEX 2024 concluded today with the three-day high-profile defence show witnessing 18 deals at a total value AED2.932 billion ($790 million), the largest so far, the Tawazun Council announced. 

More…

UMEX and SimTEX 2024 close; land $790m in defence deals

The sixth edition of UMEX & SimTEX 2024 concluded today with the three-day high-profile defence show witnessing 18 deals at a total value AED2.932 billion ($790 million), the largest so far, the Tawazun Council announced. 

More…

Jamjoom IPO raises $370m; oversubscribed 11 times

Saudi-based Jamjoom Pharmaceuticals IPO, the biggest so far this year, was oversubscribed 11 times raising a total of SR1.39 billion ($370 million).   The retail subscription process, consisting

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Jamjoom IPO raises $370m; oversubscribed 11 times

Saudi-based Jamjoom Pharmaceuticals IPO, the biggest so far this year, was oversubscribed 11 times raising a total of SR1.39 billion ($370 million).   The retail subscription process, consisting

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Abu Dhabi gears up for Ferrari’s biggest event of the year

Italian luxury sports car manufacturer Ferrari is set to bring its Ferrari Racing Days back as the first event of the year to Abu Dhabi next month.    The annual celebration of all the Prancing Horse brand&r

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Elaf group creates history with new Saudi hotel

The Hotel Galleria, part of the Elaf Group, has made history as the biggest hotel to be directly connected to a mall in Saudi Arabia. With 364 rooms, the Hotel Galleria, which is inspired by the Galleria Vittorio Emanuele II in Mi

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Elaf group creates history with new Saudi hotel

The Hotel Galleria, part of the Elaf Group, has made history as the biggest hotel to be directly connected to a mall in Saudi Arabia. With 364 rooms, the Hotel Galleria, which is inspired by the Galleria Vittorio Emanuele II in Mi

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Sterling plunges to 31-year low, as UK votes Brexit

British markets plunged on Friday, with sterling hitting a 31-year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union. Bonds also sold

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Harmony of the Seas set for inaugural voyage

Harmony of the Seas, the Royal Caribbean’s biggest- ever ship, is set for its inaugural sea voyage this month on a western Mediterranean itinerary. At 361-m in length, it’s longer than both the Eiffel Tower and Burj Al Arab

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