UAE have been blocked Dubai: The anti-narcotics unit of Dubai Police have seized 712kg of drugs and arrested 1,176 suspects in the first half of 2020, data showed. Lt General Abdullah Khalifa Al Merri …
( read original story …)
Woman jailed for robbing Dubai tourist after luring him into a flat
A woman who had been involved in robbing an Arab tourist in Dubai was sentenced to two years in jail. The 23-year-old African, who was on a visit visa, had set up a fake social media account and lured …
( read original story …)
ENBD REIT secures a hedge on outstanding debt through Dh400m facility
With cost of financing the REIT’s single largest expense, amounting to 47 per cent of total expenses as at March 31, by fixing EIBOR at these lower rates, ENBD REIT intends t …
( read original story …)
ENBD REIT hedges AED 400m facility with Mashreq Bank
Shari’a-compliant profit rate swap with Mashreq Bank will hedge 56% of ENBD REIT’s total outstanding debt …
( read original story …)
ENBD REIT Hedges Dh400 Million Facility With Mashreq Bank
We have taken that opportunity by agreeing a profit rate swap with Mashreq Bank, which will hedge more … is based in the Dubai International Financial Centre (DIFC) and regulated by the Dubai …
( read original story …)
PROJECTS: Oman extends bid submission date for hybrid solar-diesel IPP
Oman has extended the commercial bid submission deadline for its hybrid solar-diesel independent power plant (IPP) project to the first week of October 2020, according to a source close to the project …
( read original story …)
Israeli Peace Deal Coaxes UAE Investors Out of the Shadows
When Tel Aviv-based financier Edouard Cukierman started his first fund in the late 1990s, some of the investors he signed up from the United Arab Emirates hid their identity behind a trust to keep …
( read original story …)
IPL 2020: Welcome to UAE – a sneak peak into KKR’s team room in Abu Dhabi | WATCH
On Monday morning, KKR gave a sneak peak into their lavish accommodation in Abu Dhabi, which will be their base for the duration of the tournament.
( read original story …)
Tratok, the Travel and Tourism Blockchain Disruptor, Goes Mainstream, Offering Users the Chance to Win a Holiday per Year for Life
Tratok’s users have always claimed that the UAE based disruptor holds a significant edge over its counterparts …
( read original story …)
Aldar makes strong progress on sustainability agenda; launches ambitious new commitments
ABU DHABI: Aldar Properties today published its second annual sustainability report, demonstrating strong progress in 2019 and charting an ambitious roadmap for the future through a number of key …
( read original story …)
Most UAE small and medium businesses upbeat on rebound within 6 months
Most small and medium businesses (SMBs) in the UAE are beginning to feel optimistic about the future of their business but estimate it will be about six months before their businesses are back to full …
( read original story …)
ISRAEL-UAE ABRAHAM ACCORD 2020
When a Palestinian man was asked about the normalization of diplomatic relations and peace agreement between UAE and Israel, with anger in his eyes he said, “We have been stabbed in the back”. After …
( read original story …)
Jared Kushner says Israel-UAE deal “should increase the probability” that UAE gets F-35 jets
Jared Kushner suggested Sunday in an interview with CNN’s Fareed Zakaria that the recent peace agreement between Israel and the United Arab Emirates “should increase the probability” of an F-35 jet …
( read original story …)
Brit air hostess is freed after spending two months living off bread and water in Dubai jail over date’s cannabis
A BRITISH air hostess living off bread and water in a Dubai jail being arrested on drugs charges has been freed. Derrin Crawford, 23, was arrested when cops raided an apartment belonging to a man …
( read original story …)
British air hostess, 23, is released from Dubai jail after two months behind bars
Derrin Crawford, 23, who works for Emirates and is based in the UAE, had been out for dinner with a man and agreed to go back to his flat when it was raided by officers who found two cannabis joints.
( read original story …)
Pop group ‘Now United’ reunites in Dubai for new single
In their continued partnership with Now United, Pepsi collaborated on the official Feel It Now music video, which showcases the song recorded from the group members’ individual homes while apart over …
( read original story …)
Saudi Arabia obligates government agencies to disclose overseas property holdings
Move comes after Saudi properties Agency finds overseas holdings not logged Abu Dhabi: Saudi authorities have directed government agencies holding overseas properties to submit renting or ownership …
( read original story …)