The United Arab Emirates federal government is expected to raise between $3 billion and $3.5 billion from its debut bond sale, which will comprise three tranches denominated in U.S. dollars, two …
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Why Dubai is the most glamorous city on earth
IF there’s one holiday destination where you can live it up for a week or so it’s Dubai – a city with glitz and glamour at every turn. What was once a small fishing village is …
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UAE Oil Reliance at Multi-Year High Despite Lower Production
Oil’s share in the United Arab Emirates’ economy last year spiked to the highest since 2016 even though crude production fell around 18% on an annual basis, a federal-bond prospectus showed Monday.
UAE safe as Cyclone Shaheen weakens, says NCEMA
Oman authorities also said that Cyclone Shaheen weakened on Monday but left a trail of devastation across the country. Seven more people died in Oman from ther impact of Shaheen.
UAE: 31,923 Covid vaccine doses administered in 24 hours
The UAE has administered 31,923 doses of the Covid-19 vaccine in the past 24 hours. The country’s Ministry of Health and Prevention (MoHAP) said the total doses administered now stand at 20.2 million.
Emaar’s Address Hotels to open first property outside of UAE in Istanbul
Emaar Hospitality Group’s luxury hotel segment, Address Hotels and Resorts, will open its first property outside the UAE later this month in the Turkish city of Istanbul. The development, which is …
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UAE to bring debut dollar bond, around $3bn expected
The United Arab Emirates started marketing its debut dollar bond on Monday. The Reg S/144A senior unsecured dollar bond will have a 10 year tranche, a 20 year and a 40 year dual listed Formosa tranche …
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UPS and DP World deliver electric vehicles charged using solar power at Expo 2020 Dubai
UPS is working with DP World, the official premier global trade partner of Expo, to showcase its transition to clean energy with UPS’s electrical vehicles being charged for the first time with an …
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75pc UAE passengers have taken a flight since pandemic
Inmarsat, a leader in mobile satellite communications, has unveiled results for the UAE from its Passenger Confidence Tracker 2021 — a global survey of airline passengers since the pandemic began. The …
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Dubai Airports and Servy launch DXB&more mobile ordering service
Dubai Airports and self-service hospitality platform, Servy, have launched a regional-first mobile food, beverage and retail ordering service that provides an alternative to dining in or waiting for …
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UAE: New smartphone app can check eye impairment in kids
The app takes a picture of the eye from a smartphone and the results are available on the app in less than a minute …
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Dubai eyes Ghana as next investment frontier
Ghana is fast emerging as a preferred market for Dubai-based companies that are looking to expand their presence into Africa and tap into new investment opportunities.
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How will Expo 2020 Dubai impact the local real estate market and shape future trends?
According to a recent Ernst & Young report, titled ‘ The economic impact of Expo 2020 Dubai’, the event is estimated to bring in Dhs122bn to the overall UAE economy. While that will largely be made up …
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Uganda Airlines off on maiden trip to Dubai
At least 81 passengers have today flown aboard the maiden Uganda Airlines flight to Dubai. The 259-capacity Airbus A380-800 Neo aircraft left Entebbe International Airport after 12:18 pm on Monday, …
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Vedanta partners Govt at Grand Inaugural of India Pavilion by Minister Piyush Goyal at Dubai Expo 2020
PTI takes no editorial responsibility for the same.) Celebrating the spirit of India @ 75 Mr. Piyush Goyal with Mr. Anil Agarwal, The chairman of Vedanta Limited at the inaugural Ceremony of India …
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Rise of New Business Empires, Nations, Partnerships – Dubai 2020 Expo
The telephone, X-ray machine, first touch screen were all unveiled at the world expos. Countless business opportunities, partnerships, and innovations rose from world expo’s, with many companies …
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UAE Markets Its First Federal Bond to Global Investors
The United Arab Emirates is marketing the first bond sale in its 50-year history as a combined federation, joining the rush of emerging-market borrowers tapping investors before the Federal Reserve …
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