Abu Dhabi publishing firm completes SPAC merger with ADC
The SPAC raised Dhs1.1bn of growth capital, including Dhs734m from the previously announced private investment in public equity transaction.
Source: gulfbusiness.com
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The Report: Abu Dhabi 2023 - Oxford Business Group
Abu Dhabi is at the forefront of the MENA region’s economic expansion, posting a 9.3% growth rate in 2022. The emirate’s long-term development roadmap, the Abu Dhabi Economic Vision 2030, charts a course for economic transformation, targeting a 64% GDP contribution from non-hydrocarbons sectors by 2030, as diversification and strategic investment continue to make Abu Dhabi an attractive destination for businesses, investors and innovators.
Source: oxfordbusinessgroup.com
UAE's new end-of-service scheme comes into effect
The much-awaited UAE voluntary alternative end-of-service scheme for private sector and free zone employees came into force on Wednesday.
Source: siasat.com
Dubai construction firm Drake & Scull gets 12 months to complete financial turnaround
Court of Appeal approves construction firm's plan, gets 12 months for turnaround
Source: gulfnews.com
UAE's new end-of-service saving scheme launches
Applicable to private sector and freezone employees, employers are able to choose whether they opt-in or not... In September, H.H Sheikh Mohammed bin
Source: whatson.ae