SHARJAH, United Arab Emirates(AETOSWire): Sharjah Islamic Bank (SIB), one of the leading Islamic banks in the UAE, priced a $500 million (1.83 billion dirhams) long 5-year sukuk, with a profit rate of …
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Starting a business in the UAE? Find out how Economic Substance Rules protect you.
Are you planning on newly incorporating your business in the UAE? If you are, you would have understood by now that one of the first things you need to do is apply for a trade licence. This is …
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UAE issuers are hitting a rich vein with bonds
But these deals should inspire more confidence among other UAE banks with sound fundamentals to tap the sukuk market. Abu Dhabi’s FAB has just issued a 5-year 1.4 billion Chinese yuan bond, for which …
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This UAE firm offers a letter of guarantee with no fees in less than 24 hours
It guarantees the supplier their dues even if the bank customer defaults. While there are several products available in the market, UAE-based Finance House has now launched the Al Rabeh Guarantee …
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OPPO launches premium 5G flagship Find X2 Pro in the UAE in partnership with Etisalat
OPPO, the leading global technology brand, has announced the launch of its much-awaited flagship smartphone, Find X2 Pro, in the UAE in partnership with …
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5 Arab fighters who could be UFC ‘Fight Island’ alternates in Abu Dhabi
With the UFC returning to Abu Dhabi for four events in July, here are five Arab fighters who could fill in if needed.
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UAE banks draw down $12bn in interest-free loans
Central Bank’s Targeted Economic Support Scheme helps individuals, SMEs and other private businesses impacted by Covid-19 …
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Dubai’s Ripe Retail launches special Palm Jumeirah pop-up this summer
Dubai’s popular Ripe Market is back for the summer, this time with a pop-up at Nakheel Mallhead to Palm Jumeirah’s Nakheel Mall on Palm Jumeirah. Ripe Retail has revealed a special pop-up taking place …
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KT edit: Sharjah deserves praise for supporting teachers
The UAE, particularly Sharjah, has recognised their contributions during this difficult time. In April, the emirate’s education authorities intervened and said they would penalise schools who resorted …
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Chinese interest in Australian property shrinks as diplomatic rift grows
Chinese buyer enquiries for Australian homes fell to their lowest in almost three years in May, according to independent data, suggesting multi-billion dollar housing demand could be another casualty …
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Residential property prices in Saudi Arabia rose 2.1% in Q1 2020
DUBAI — Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East, released its Saudi Arabia Property Market Report for 2020 comprising key property data and …
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Global WiFi Thermostats Market 2020 Industry Outlook, Key Players, Segmentation Analysis, Business Growth and Forecast to 2026
MarketsandResearch.biz has released a new research report titled Global WiFi Thermostats Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2026 to its database which presents an …
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Strong interest in open banking among UAE banks, study finds
Banks believe a way in which future collaboration can be fostered is by ‘standardizing best practices’ across the industry …
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Abu Dhabi Investment Office Invests US$5 Million in Shorooq Partners’ Bedaya Fund To Support Early-Stage Startups In Abu Dhabi
ADIO’s investment to be channelled to fintech, tech-enabled business services, platforms and software startups in Abu Dhabi …
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Race To Ready Dubai’s Mega Expo Despite One-year Delay
Armies of workers in protective masks are racing to complete the mammoth Dubai Expo 2020 site despite the coronavirus that has sickened some employees, forced a one-year postponement, and created a …
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50 Pinoys dead of COVID-19 in Dubai but central command says overall cases declining
DUBAI, United Arab Emirates — The head of Dubai’s COVID-19 Command and Control Centre said this international city that does not sleep is moving steadily towards overcoming the pandemic, noting that …
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Traffic alert: Police urge caution after multiple accidents in Dubai
Heavy congestion was reported on various roads in Dubai on Thursday morning due to multiple accidents. Drivers faced disruption during rush hour after an accident on the Boukdra Bridge towards the Ras …
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