Commercial Bank of Dubai (CBD) one of the leading banks in the UAE has approved a debt financing deal with Postpay, a omni-channel …
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Dubai Islamic Bank prices $750 million senior sukuk at 2.74%
Investor demand was strong with an orderbook that was more than 2.5 times oversubscribed Dubai Islamic Bank (DIB) priced its $750 million 5-year sukuk issue with a profit rate of 2.74 per cent per …
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Sun & Sand Sports opens flagship store in The Dubai Mall
The one-stop sportswear destination offers everything you need for fitness and fun. Sun & Sand Sports opens flagship store in The Dubai Mall. Partner Content. Shopping.
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UAE Says Abu Dhabi Blast Was Gas Explosion; U.S. Warns Citizens
In a message issued to American citizens residing in the UAE on Wednesday, the U.S. embassy didn’t confirm what had caused the latest explosion but reiterated the advice it’s issued following previous …
Biggest UAE Bank Poised to Make Offer to Buy Egypt’s EFG Hermes
First Abu Dhabi Bank PJSC is set to make an offer to buy EFG Hermes, in what could be the biggest acquisition yet in Egypt by the UAE’s largest lender, according to people familiar with the matter.
UAE: Fire Break Out at an Abu Dhabi Building
No injures were reported in the fire. Local media reported that Abu Dhabi Civil Defense teams have extinguished a fire that broke out at one of the buildings on Hamdan Street yesterday night.
UAE reports 1,615 new COVID-19 cases, 4 deaths and 2,219 recoveries
Four more COVID-19 fatalities have been confirmed, taking the country’s death toll at 2,269. A total of 2,219 COVID-19 patients has also made full recovery, bringing the overall recoveries to 788,861.
UAE – IPOs of 10 state entities in the offing?
Dubai authorities are now focused on improving market breadth and liquidity with a market maker fund and a Dh1 billion fund to encourage technology …
UAE climbs to 3rd in Agility Emerging Markets Logistics Index
The UAE led all 50 countries in the Index in creating the best business conditions and in the area of digital readiness, a new category in the Index …
Continental Tires Partners With Ain Dubai
Continental’s tyres are being used to help operate the world’s largest and tallest observation wheel – Ain Dubai, by Dubai Holding, located on Dubai’s must-visit island destination, Bluewaters. Huge …
Inside Dubai’s tech-savvy Rove Hotels
A joint-venture company from Emaar Properties and Meraas, the brand creates no-frills, functional hotels but the locations of their properties are on par with their five-start peers. Inside Dubai’s …
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Dubai Diaries: When a robot delivers pizza
I knew it was my seven-cheese pizza — so I fished out a Dh5 bill from my wallet for the rider who came all the way to our desert village just to bring me my lunch. But when I opened the door, the …
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Business conditions in Dubai continued to improve in January despite Omicron headwinds
GIUSEPPE CACACE The skyline of Dubai with Burj Al Arab. Business conditions in Dubai continued to improve in the January. AFP . Business conditions in Dubai’s non-oil private s …
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The Debt Panel: ‘Can I pay my UAE loan off from my home country?’
I have been living in the UAE for the past seven years and lost my job in 2021. I haven’t been able to find another one and my savings are almost gone. I have cut down on my day-to-day living expenses …
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CFI launches 250+ game-changing crypto products
DUBAI, UAE, Feb. 9, 2022 /PRNewswire/ — CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, launches 250+ …
Emergency Services on Scene of Reported Gas Explosion in Abu Dhabi
An explosion in downtown Abu Dhabi prompted a large emergency response early Wednesday, February 9, which local authorities said was caused by a gas cylinder. Emirates News Agency said the Abu Dhabi …
Abu Dhabi Civil Police extinguish fire in building on Hamdan Street
The teams of the Abu Dhabi Civil Defense Authority have put out a fire caused by a gas container explosion in a building on Hamdan Street in Abu Dhabi city. The teams managed to control the situation …