Nivetha Dayanand

Web Editor

Articles from the author

UAE investment firm Alpha Dhabi takes 51% in NTS

Stake in UAE-based NTS Global expands Alpha Dhabi's energy sector interests

Cutting across industries and sectors, the Alpha Dhabi investment drive continues.

Dubizzle divests South-east Asian business

Lamudi was founded in 2013, focusing on the frontier markets property classified space

The group’s flagship ventures include 8 brands in emerging markets across 25 cities attracting over 167 million monthly visits to its platforms.

Dubai's Empower confirms Dh425m H1-2023 dividend

At Dh0.0425 per share, this represents 42.5% of the company’s paid-up capital

Empower reported revenue of Dh1.22 billion in for the first half of 2023, a 6.1% growth over the same period last year.

UAE's focus is reform ‘geo-economy’ for greater good

Wave of internal reforms - such as Commercial Companies Law - also boost UAE profile

UAE will continue to be part of international groupings that can be a force of change for the way things get done better.

Want Gen AI answer medical issues? Try UAE built Med42

Med42 solution will provide informed responses to medical queries - and it's fast too

M42’s Gen AI solution can help medical professionals and speed up the process of delivering care. That’s the premise for Med42.

DFSA fines ex-CFO of Emirates REIT firm Equitativa

As CFO, Ishak was responsible for overseeing the management of all financial reporting

DFSA also found that Mr Ishak breached Principle 2 by failing to act with due skill when carrying out his role as a Finance Officer at Equitativa.

Geneva International Motor Show premieres in Doha

Debuting in Doha, GIMS marks its first international automotive exhibition since 1905

In pictures: McLaren 750S, Rolls-Royce Phantom V and more at Geneva International Motor Show

UAE-based fintech Pyypl gets $486,000 penalty from ADGM

Pyypl failed to establish and maintain adequate AML systems and controls

The FSRA’s review did not identify any instances of actual money laundering resulting from Pyypl’s AML systems and control failures.

Mubadala invests in Korean dental implant manufacturer

Osstem is the world’s fourth largest dental implant material manufacturer

Investment reflects Mubadala’s growing Asian presence.

DP World starts build of East Java container terminal

Project represents an alliance between Dubai entity and Maspion Group

Apart from the container terminal. the DP World alliance will also work on an integrated industrial and logistics park in Gresik.

UAE regulator ends oversight of bank for lax compliance

Central bank had taken action on entity in Aug. 2021 over its AML processes

UAE Central Bank has been cracking the whip for full and transparent compliance to its anti-money laundering compliance framework.

AD Ports Group buys Spanish vehicle logistics firm

Deal tobuy Sesé Auto Logistics effected through UAE entity's Noatum

AD Ports Group is expanding its reach through a cluster program. The deal in Spain was effected through Noatum, its logistics cluster entity.

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