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Emirates Driving acquires majority stake in Excellence Driving Center owner
The move comes as part of its plans to expand locally and across the GCC
Property prices in Abu Dhabi are on the up in 1H. Plus: Industrial assets in Dubai see heightened demand
Prices for luxury villas rose by up to 10%, while rentals for luxury apartments surged 21%
THIS MORNING: Economy Minister Abdulla bin Touq Al Marri is headed to India + Private consumption growth to moderate this year –Emirates NBD
Plus: Adia-led consortium granted due diligence for Hargreaves Lansdown takeover
Adia eyes Indian biopharma firm
Another Indian pharma firm submitted a matching bid for the company
Lots of IPOs + Alkaabi confirms plans for second nuclear plant
Plus: ADGM slashes licensing fees for retail business and hikes them for financial firms
First Emirati joins global financial crime task force
The UAE was recently removed from the FATF’S greylist in February
ADNH taps banks for catering business IPO
The company selected Citigroup and FAB to advise on the planned IPO
Abu Dhabi's GDP grew 3.3% in 1Q 2024
Construction was the largest contributor to non-oil GDP growth
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