Emirates plans to restore around 70 percent or its capacity by the winter travel season this year, the airline’s chief commercial officer said on …
Mubadala hires banks to advise on Yahsat IPO – report
The UAE-based Mubadala Investment Company has hired Bank of America and Morgan Stanley as advisors for a potential initial public offering (IPO) of satellite operator Yahsat, Bloomberg reported, …
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Dubai telco du raises Dh3.76b in loans from banks for expansion needs
Dubai: The Dubai telco du has raised long-term debt finance of Dh3.76 billion from a group of banks to part fund its expansion and other requirements. The debt is split into a Dh1.98 billion five-year …
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HSBC launches ‘green deposit’ facility for UAE corporate clients wanting to do good
HSBC thus becomes first bank in UAE to offer this green financing option Dubai: Corporate clients of HSBC’s UAE operations can now use their deposits for a greater purpose. The UK bank has launched …
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S&P: Global Islamic finance to grow as main markets recover
DUBAI: The US$2.2 trillion (RM9 trillion) global Islamic finance industry is expected to grow 10%-12% over 2021-2022 due to increased Islamic bond …
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Abu Dhabi to get another multi-organ transplant centre at Burjeel Medical City
Abu Dhabi is set to get its second multi-organ transplant centre at the Burjeel Medical City, the hospital announced on Tuesday. The hospital, a 400-bed facility based in Mohamed Bin Zayed City and …
Abu Dhabi real estate deals exceed $3bln in in first quarter of 2021
The Department of Municipalities and Transport- Abu Dhabi said real estate transactions in the emirate amounted to AED11.5 billion during the first three months of 2021.The recorded value included …
New multi-organ transplant centre to be established in Abu Dhabi
A multi-disciplinary team of medics from India and the UAE will jointly establish a multi-organ transplant centre in Abu Dhabi – only the second such facility in the emirate – offering solace to …
UAE: 2 camels killed in road accident; police issue warning
Authorities in Umm Al Quwain have issued a fresh warning after two camels were killed in an accident. According to a report on Al Ittihad, the operation room of Umm Al Quwain Police received a report …
India Covid crisis: UAE ships 7 tankers of liquid medical oxygen
The UAE has offered seven tankers of liquid medical oxygen to India, struggling to provide vital life-saving gas for treatment of Covid-19 patients, a top official said.The tankers with liquid medical …
Ramadan in UAE: Grand Mosque distributes 15,000 iftar meals daily to workers
The Sheikh Zayed Grand Mosque Centre in partnership with the Armed Forces Officers Club & Hotel has been distributing 15,000 iftar meals daily to workers in Abu Dhabi since the start of Ramadan. The …
UAE staycation: Hotels come up with the best deals for this Eid break
Dubai: Ahead of the crucial Eid holiday break, UAE’s hotels are once again relying on residents and staycation packages to drive occupancy numbers, with rooms at some of the best hotels going for …
UAE airlines cut flight numbers to Pakistan after government move
Pakistan government had placed limits on number of international passengers Dubai: UAE airlines are reducing flights to Pakistan after the country placed a limit on the number of international …
Dubai: Alert patrol cop foils warehouse theft in middle of night
Police records revealed that the theft was carried out by three Asians, of whom two were nabbed red-handed. Another is currently on the run. The accused stole the electrical copper cables from a …
Dubai and Madrid offer residential tenants the world’s most space for US$ 10,000 per month
According to the latest Knight Frank global property rents research, despite the pandemic and political headwinds, Hong Kong has retained its crown as the world’s most expensive city in which to rent …
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Abu Dhabi initiative treats 117.9 million against polio, neglected tropical diseases
An Abu Dhabi-led programme has treated a total of 117.9 million individuals across the world against polio and Neglected Tropical Diseases (NTDs). Initiated by His Highness Sheikh Mohamed bin Zayed Al …
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Abu Dhabi gets Arab world’s first electromagnetic compatibility labs
The facility includes three laboratories: an EMC semi-anechoic chamber, a pulsed power laboratory, and a low-noise emanation lab …
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