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Month: September 2020

Posted on 03/09/2020

Property of the week: A Dh22.5 million Emirates Hills villa with a Bali-inspired garden in Dubai

The thatched roof pagoda and turtle pond bring a Far Eastern flavour to this mansion Located in Sector E of the upmarket Emirates Hills estate, the property has five bedrooms – four on the first floor …
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Posted on 03/09/2020

Abu Dhabi issues $5bln in multi-tranche, 50-year bond

ABU DHABI: The emirate of Abu Dhabi on 2nd September 2020 successfully completed a USD 5 billion multi-tranche bond offering, which represents a continuation of Abu Dhabi’s commitment to fiscal …
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Posted on 03/09/2020

Arab Artists Boycott UAE After Israel Deal

The UAE agreed last month to establish full diplomatic ties with Israel in a US-brokered deal, making it the first Gulf state and only the third Arab country to do so. The agreement was denounced by …
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Posted on 03/09/2020

With The Creation Of The Restaurants Business Group, The Dubai Chamber Of Commerce And Industry Is Stepping Up Its Support Of The City’s Restaurateurs

The Restaurants Business Group has been built to serve restauranteurs’ common interests through cooperation with relevant authorities, at a time when this sector needs to tackle an endless list of …
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Posted on 03/09/2020

Dubai registers $1.2bln real estate transactions in August

Dubai’s real estate market has recorded more than 2,400 sales transactions worth AED4.73 billion ($1.2 billion) in August, of which 31.6 per cent were off-plan deals, according to the UAE real estate …
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Posted on 03/09/2020

5-year retirement visa launched in Dubai: All you need to know

People around the world looking to have a distinct retirement life can start their new chapter in Dubai. Residents or any foreigner aged above 55 years can apply for a five-year retirement visa on …
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Posted on 03/09/2020

ZelaaPayAE Partners with Tron to Empower Users with a Dual Chain Solution

ZelaaPayAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) — The Blockchain ecosystem is one of the most rapidly evolving and expanding branches …
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Posted on 03/09/2020

Abu Dhabi sells $5bn bonds with first 50-year note for a Gulf nation

The bond issue was nearly five times oversubscribed and the three-year note was priced at the lowest rate for a Gulf sovereign …
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Posted on 03/09/2020

UAE’s Ministry of Finance launches next phase of Mohammed Bin Rashid Innovation Fund

The new phase will focus on the fund and its programmes operating under one national umbrella The UAE’s Ministry of Finance is launching the next phase of the Mohammed Bin Rashid Innovation Fund …
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Posted on 03/09/2020

Feds Want Atty In $393M Crypto Scam To Forfeit College Fund

Attorney Mark S. Scott should be ordered to forfeit $2.5 million from personal accounts, including a child’s college fund, to foot a massive forfeiture tab for laundering $393 million in proceeds from …
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Posted on 03/09/2020

Reporter’s Notebook: What It Was Like On Israel’s ‘Peace Plane’ To UAE

Weeks ago it would have been unimaginable to see Israeli officials fly to the United Arab Emirates and walk out onto a red carpet. That wasn’t the only unusual part of the visit.
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Posted on 03/09/2020

Attractive Dubai prices spur virtual property transactions

Clients are buying properties from overseas virtually without even seeing the property physically or signing contracts in person.
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Posted on 03/09/2020

Israeli CEO ‘very excited’ to be among first to do business with UAE after historic peace deal

Gadi Nir began as a physiotherapist but now finds himself as one of the first Israeli CEOs to make a deal with a company in the United Arab Emirates.
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Posted on 03/09/2020

Women business owners in the UAE innovate to stay on the road to recovery

For many businesses, this has been an especially challenging time, but despite all obstacles female entrepreneurs in the country admit that the UAE provides immense opportunities for them to get back …
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Posted on 03/09/2020

du expands its retail presence with a Shop opening in Wafi Mall

du delights customers by expanding its retail footprint in Dubai with the grand opening of a new du Shop at Wafi Mall on August 4, 2016. Customers in the vicinity now have a new du retail outlet …
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Posted on 03/09/2020

Oppo gaming challenge at Dubai’s Mall of the Emirates sees over 1,600 gamers

Held over 10 days as part of Dubai Summer Surprises, the event culminated in a live stream with UK-based YouTuber Manny that was attended by over …
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Posted on 02/09/2020

Abu Dhabi Oil Group Signs $5.5B Real Estate Deal With Apollo-Led Consortium

The Abu Dhabi National Oil Company (ADNOC) announced on Wednesday, that it has entered into a $5.5 billion long-term real estate investment partnership with a consortium led by Apollo Global …
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