RIYADH: Abu Dhabi sovereign wealth fund Mubadala Investment Co. has picked banks for its debut 10-year sukuk, a document seen by Reuters on Monday showed. Mubadala, through its unit Mamoura Diversified Global Holding, has appointed ADCB, First Abu Dhabi Bank and HSBC as joint global coordinators, while ADIB, BOFA Securities, and Citi are working on the … Read more
JEDDAH: Donia Abu Taleb’s qualification for the Paris Olympics was a “historic” day for Saudi Arabia, said Saudi Taekwondo Federation President Shaddad Al-Omari, who also highlighted the growth of the sport across the country in recent years. “Seriously I was not surprised by the performance of our athlete,” Al-Omari told Arab News during an interview … Read more
RIYADH: The ABB FIA Formula E World Championship returns this weekend for the Sao Paulo E-Prix, which marks the competition’s fourth round of season 10. Last year, the Sao Paulo E-Prix delivered some of the most exciting racing of the championship. The Anhembi Sambadrome circuit saw 114 overtakes and 11 lead changes, with a nail-biting … Read more
LONDON: Abu Dhabi’s state-backed investment firm MGX is in early stage discussions to invest in ChatGPT-maker OpenAI’s chip venture, the Financial Times reported on Friday, citing two sources. MGX, a technology investment company with Abu Dhabi’s Mubadala and artificial intelligence firm G42 as founding partners, was only launched earlier this week. MGX and OpenAI did … Read more
Shaima Al-Husseini, managing director at the Saudi Sports for All Federation, has overseen a remarkable rise in participation across sporting codes and physical activities in the Kingdom over the last few years. Whether in the various community programs that have been established by the federation or in official competitions, engagement is well on track to … Read more
ABU DHABI: Several of the sport’s top athletes will compete at the Jiu-Jitsu President’s Cup on March 15 and 16 at the Etihad Arena in Abu Dhabi, the UAE Jiu-Jitsu Federation has confirmed. The annual event, held during the holy month of Ramadan, will have grapplers from the UAE’s leading clubs and academies compete in … Read more
And the Oscar goes to: A rundown of the silver screen favorites at the 2024 Academy Awards DUBAI: Our rundown of the contenders for the major prizes at this year’s Academy Awards on March 11. BEST PICTURE Given the ubiquity of the “Barbenheimer” phenomenon this summer, when Greta Gerwig’s “Barbie” and Christopher Nolan’s “Oppenheimer” (pictured) … Read more
ABU DHABI: The Ultimate Fighting Championship, a Mixed Martial Arts organization, and Abu Dhabi’s Department of Culture and Tourism, announced on Wednesday that Etihad Arena will host the UFC Fight Night on Aug. 3, 2024. The UFC’s return to the UAE capital marks the second event of its type in less than a year.
DUBAI: Long a crossroads for cultures from the Far East, South Asia, Europe and the Americas, Dubai’s strategic global location has made it a pivotal place for cultural exchange. Art Dubai’s 17th edition, which wraps up on March 3, further exemplifies the Gulf city’s unique location and cosmopolitan nature, particularly for artists and cultural platforms … Read more
GLASGOW: Record-setting Femke Bol proved unstoppable and Grant Holloway extended his 10-year win streak at a high-octane second day of the world indoor championships in Glasgow on Saturday that also featured double British gold. Bol once again stole the show, the two-time world 400m hurdles champion bettering her own world indoor record to 49.17 seconds … Read more