City Abu Dhabi Financial News

A post shared by Netflix India (@netflix_in)The movie revolves around the lives of three women who work as flight attendants. All of these women come from different backgrounds but face the same financial security problem.The film then shows that the three women decide to earn money by smuggling after their airline, Kohinoor Airlines, goes bankrupt.The trio has its ups and downs, but they ultimately emerge victorious.The film features Kriti Sanon as Divya Rana, Tabu as Geeta Sethi, and Kareena Kapoor as Jasmine.

The consortium comprises of CVC Advisers; Nordic Capital XI Delta; SCSP (also known as Nordic Capital); and Platinum Ivy B 2018 RSC, a wholly-owned subsidiary of Abu Dhabi Investment Authority managed by its private equity investment department. Hargreaves said the consortium's second bid – which was made on 26 April 2024 — offered 985 pence per ordinary share in the platform – valuing the company at more than £4.6bn, based on the total number of shares at its annual general meeting in October 2023. Hargreaves Lansdown partners with BlackRock for multi-asset index funds launch HL's...

Devadas Shenoy, a 32-year-old professional working in Abu Dhabi, is keen on building a substantial corpus for his retirement. With a forward-thinking approach, Devadas seeks expert guidance on crafting a Systematic Investment Plan (SIP) that will secure his financial future. He invests close to Rs 12,000 every month and intends to increase the SIP by 10% every year.

ports in the United Arab Emirates this week, including the Port of Fujairah in the Indian Ocean Region, and held discussions with the customs authorities on kickstarting the India-UAE leg of the proposed India-Middle East-Europe Economic Corridor (IMEC), said people with knowledge of the matter. The visit aimed at preparing the India-UAE leg of the IMEC while awaiting peace in the region for the Israel part, they said. The development comes close on the heels of India signing a 10-year-pact to manage Iran's Chabahar Port, which is expected to bolster India's trade ties with Central Asia and Eurasia, signalling ongoing efforts to secure India's strategic interests amid general election, said experts.

Surgery and off-road driving are so similar,” says Dr Vani Parmar, 62, who recently retired as professor of breast surgical oncology from the Tata Memorial Centre, Khargar, Mumbai. “Both fields require precision, quick reaction times and an ability to handle challenging situations.” A mammoplasty may be slightly different from a slushy drive for some, but both are Parmar’s deep passions. While she continues to work as a breast cancer surgeon, she also finds time to get behind the wheels of her Mahindra Thar.

New Delhi: India is looking to fortify its imports of LNG, a crucial ingredient in industrial applications and partly in transportation, through long-term contracts with overseas exporters. This week, state-run Indian Oil Corporation Ltd signed a long-term contract with French energy giant TotalEnergies in France for supply of LNG (liquefied natural gas), two people aware of the development said. Under the contract, TotalEnergies would supply 1 million metric tonne per annum (mmtpa) of LNG to IOCL for a period of around 10 years.

Go Digit General Insurance Ltd, which launched its Rs 2,615 crore initial public offering (IPO) Wednesday, saw the retail portion of the issue getting fully subscribed by 1.45 pm. The IPO, priced between Rs 258 to Rs 272 per share, will close on Friday. The company had reserved 9.6 million shares for retail investors. Here are the key highlights of the i

₹1,176.59 crore from anchor investors a day before its initial public offerings (IPO) opens for subscription. According to the exchange filing, the company allocated 4,32,57,009 equity shares to anchor investors at a price of ₹272 per share.

H.E. Dr. Noura Khamis Al Ghaithi, Undersecretary of the Department of Health – Abu Dhabi

Liminal, a leading Singapore-based custody services provider, has achieved a significant milestone in its global expansion journey with regulatory approval in Abu Dhabi.

wedding destination, the Abu Dhabi Convention and Exhibition Bureau (ADCEB) has announced an initiative to extend visa support to Indian nationals hosting weddings across the Emirate. The ADCEB, which is a part of the Department of Culture and Tourism Abu Dhabi, is undertaking this initiative to establish the UAE capital as a premier wedding destination, a statement released here said. The recently announced new visa initiative contributes to Abu Dhabi's tourism strategy 2030, which aims to boost visitor numbers to 39.3 million by 2030. The destination wedding segment is among the newest verticals to join the ADCEB as part of an overarching objective to attract domestic and international visitors and increase the sector's contribution to the GDP to AED 90 billion as per the 2030 strategy, the statement said.

FPIs) pumped $991 million in April, a Mint analysis showed, betting on the revival of Vodafone Idea Ltd, expected tariff hikes and rising phone usage. FPIs jostled for shares in Vodafone Idea's ₹18,000 crore follow-on public offering (FPO), India's largest, also sparking interest in tower company Indus Towers, which stands to gain from the telco's planned rollout of 4G and 5G networks. Bharti Airtel picked up as well, as investors eye long-awaited tariff hikes later this year.

investors. The shares of Indegene will list on the exchanges on Monday and the unlisted market trends indicate robust listing gains for allotted investors.

GenAI platform", Hanooman, available in 98 global languages, including 12 Indian languages, was launched on Friday. The 12 Indian languages are Hindi, Marathi, Gujarati, Bengali, Kannada, Odia, Punjabi, Assamese, Tamil, Telugu, Malayalam, and Sindhi. Additionally, Hanooman will support a host of global languages, including English, Spanish, Italian, German, Japanese, Korean, and 80 other languages worldwide. The AI tool has been developed by generative AI business SML India in partnership with 3AI Holding, an Abu Dhabi-based investment company. The app is now available for download in India and can be accessed through the web and mobile application for Android users on Play Store.

₹696.51 crore from an anchor investors a day before its initial public offerings (IPO) opens for subscription. According to the company's filing to the exchanges, it has allocated 75,70,807 equity shares to 61 anchor investors at a price of ₹920 per equity share.

QCP Capital, a prominent options trading desk for digital assets, has received initial approval to operate in Abu Dhabi, marking its expansion into the Middle East. 

Singapore isn’t the hedge fund heaven that Hong Kong is usually seen as, but things seem to be taking a turn. Funds in the city – both headquartered and present there – have been busy adding Portfolio Managers (PMs) in the city.

India were on Sunday placed in Group A alongside defending champions Australia, New Zealand, Pakistan in the Women's T20 World Cup, which will be held in Bangladesh from October 3-20 this year. With all their group matches scheduled to be played at Sylhet, India will open their campaign against New Zealand on October 4 and face off against arch-rivals Pakistan on October 6 as the ICC announced the schedule for the ninth edition of the Women's T20 WC. India's next assignment will be against yet-to-be-identified Qualifier 1 team on October 9 while their clash against six-time world champions Australia will be on October 13. «Each side will play four group matches at the tournament, with the top two teams from each group progressing to the cut-throat semi-finals on 17 and 18 October ahead of the Final in Dhaka on 20 October,» the ICC posted on its website.

₹548.77 crore from anchor investors at the upper price band of ₹452 per equity share ahead of initial public offerings (IPO). Indegene IPO, which is scheduled to open for subscription on May 4, has allocated 12,141,102 equity shares to 36 anchor investors, as per the exchange filing.

Dubai rains: Flights affected, schools closed — 7 key points Emirates cancelled several flights due to bad weather across the UAE on Thursday. A Flydubai spokesperson told Khaleej Times that the “adverse weather conditions in Dubai on Thursday have caused some delays to their operations". India's IndiGo said that their flight operations have been affected due to bad weather in Dubai, Sharjah, Ras Al Khaimah and Abu Dhabi.

Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in Malaysia