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Month: November 2020

Posted on 11/11/2020

Top 7 Things To Do in Dubai This Weekend: November 12-14

Art, sports, family fun and theatre – you can explore just about every interest this weekend. Discover a designer’s haven ​ …
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Posted on 11/11/2020

Mall of the Emirates offers customers the chance to take part in fun fitness activities and win exclusive prizes

Mall of the Emirates will give customers, mall visitors and members of the community the opportunity to take part in a fun and inclusive range of activities …
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Posted on 11/11/2020

Louis Dreyfus sells big stake to Abu Dhabi fund after investor hunt

AKIRAU.UL] has agreed to sell a large stake to Abu Dhabi-based holding company ADQ, marking the first external investment into the family-run commodity group, founded by Leopold Louis-Dreyfus in 1851.
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Posted on 11/11/2020

Louis-Dreyfus Opens Up for First Time With Abu Dhabi Deal

Dreyfus agreed to sell a 45% stake in the eponymous agricultural trader to an Abu Dhabi sovereign wealth fund, opening the storied family business to outside ownership for the first time to secure …
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Posted on 11/11/2020

We’re ‘very actively involved’ in talks with firms about relocating to Abu Dhabi, investment office says

Following a Financial Times report about the SoftBank Vision Fund’s possible relocation, Tariq Bin Hendi of the Abu Dhabi Investment Office said it is “actively involved” in inviting firms to move to …
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Posted on 11/11/2020

Louis Dreyfus to sell 45% stake to Abu Dhabi wealth fund

Louis Dreyfus Company, a family-owned commodities trading giant, reached the deal to sell an indirect equity stake to Abu Dhabi’s ADQ …
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Posted on 11/11/2020

Dubai’s Emaar reports nine-month profit almost cut in half

Dubai’s largest listed developer Emaar Properties reported on Wednesday a near halving in profit for the first nine months of the year, while its chairman said he was “cautiously optimistic” about the …
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Posted on 11/11/2020

Tawazun Economic Council speaks at Dubai Aerospace Forum

Abdullah Al Awani, Executive Director, Economic Partnerships at Tawazun Economic Council, attended the forum and spoke along with senior representatives from international defense, aerospace and …
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Posted on 11/11/2020

Dubai considers sale of airport cooling system business -sources

Dubai is considering the sale of the cooling system operations of its normally busy Dubai International Airport, two sources familiar with the matter said on Wednesday. DUBAI, Nov 11 (Reuters) – Dubai …
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Posted on 11/11/2020

Sharjah closes over 25 illegal sand parking lots

In a massive drive, the Sharjah Municipality has closed over 25 illegal sand parking lots that were sullying the aesthetic look of the city. Ali Ahmed Abu Ghazin, director of department of public …
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Posted on 11/11/2020

Dubai Islamic Bank mandates banks for U.S. dollar sukuk: document

Dubai Islamic Bank has mandated banks to arrange investor calls ahead of a planned sale of benchmark fixed-rate perpetual sukuk for additional Tier 1 purpose, a document said.
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Posted on 11/11/2020

Dubai Islamic Bank mandates banks for US dollar sukuk

Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, Sharjah Islamic Bank, and Standard Chartered Bank will act as joint lead managers and joint bookrunners to arrange a series of …
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Posted on 11/11/2020

Indian engineering student found dead at Sharjah apartment

Investigation has been launched to know the reason behind the mysterious death of the Gujarat-boy, family devastated by the news …
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Posted on 11/11/2020

Soft power is essential for peace building, says Manal Ataya, head of Sharjah Museums

Establishing museums with expansive programs, investing in arts education and higher academic learning of international universities, is how the UAE is fostering cultural diplomacy, according to Manal …
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Posted on 11/11/2020

Dubai Puts Air Conditioning on the Block in Rare Government Asset Sale

Dubai is seeking a buyer for the cooling system operations of its biggest airport as Gulf Arab states lean on asset sales and debt to shore up their finances.
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Posted on 11/11/2020

Wireless Audio Device Market Size, Share, Emerging Trends And Forecasts To 2022

Wireless technology uses radio waves to transmit information without cables or wiring. Although wireless communications have been used since 1876, the technology is now being extensively used to …
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Posted on 11/11/2020

UAE FM service providers harness technology to deliver seamless customer experiences amid pandemic

Prabhu Ramachandran is the Founder and CEO at Facilio Image Credit: Supplied Dubai: Facilio, a leading AI-driven property operations & maintenance platform, today announced that UAE’s niche FM service …
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