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Month: May 2022

Posted on 12/05/2022

EXCLUSIVE: Delvaux Opens First Middle East Store in Dubai Mall

Belgian luxury brand Delvaux has made its first move into the Middle East with the opening of its store at Dubai Mall on Thursday. The Brussels-based house has found a home on the ground floor or the …
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Posted on 12/05/2022

Binance says it aims to drive crypto innovation in UAE

Binance, the world’s largest cryptocurrency exchange, hopes to continue to drive innovation in the sector now that it has obtained two licences to operate in the UAE, a top executive at company has …

Posted on 12/05/2022

In pictures: Mr Bean gets a Rowan Atkinson-approved NFT collection thanks to Dubai crypto experts

Dubai-based crypto experts Fomo Lab will make 3,333 unique Mr Bean NFT collectibles available using the Ethereum cryptocurrency. Non-fungible tokens (NFTs) are seeing a fresh wave of interest with …

Posted on 12/05/2022

Abu Dhabi leads Gulf bourses lower; Aramco surpasses Apple

Abu Dhabi led Middle East stock markets lower on Thursday as fears grew that fast-rising inflation will drive a sharp rise in interest rates that brings the global economy to a standstill.

Posted on 12/05/2022

Wizz Air flight to Abu Dhabi struck by lightning after takeoff

Passengers on an Abu Dhabi-bound flight from Albania have spoken of the moment that lightning struck their plane. Wizz Air flight WAZ 7092 was hit shortly after it departed from Tirana, Albania on …

Posted on 12/05/2022

Landlord Directory: Long-Term vs Short-Term Rentals In Dubai

Dubai as a high-yield market has been the host to many successful investments in the Real Estate world. Depending on the location and size of your property it can have differing outcomes. Dubai’s …
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Posted on 12/05/2022

Will UAE sky-gazers see a ‘blood moon’ in the coming days?

Sky gazers in the UAE waiting to see the first lunar eclipse of 2022 will … or a telescope to get a better view of this special event. Experts opine it is the solar eclipse that requires special …
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Posted on 12/05/2022

Abu Dhabi: Visit this action-packed city for fast cars, fine dining and natural wonders

Swim with sharks, drive an F1 car, or relax on a white sand beach in the UAE’s action-packed capital. View on euronews …
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Posted on 12/05/2022

Saif Al Zari: SEC supports Sharjah institutions with a clear plan

Sharjah Consultative Council (SEC) discussed the policy of the General Command of Sharjah Police, during the 15th session within the work of the Council for the third ordinary session of the tenth …
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Posted on 12/05/2022

Sharjah showcases tourist attractions at ATM 2022

Sharjah are participating at this year’s Arabian Travel Market. We speak to the Chairman of Sharjah Tourism and …
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Posted on 12/05/2022

Sharjah Museums Authority organises panel discussion on cultural diplomacy in UAE

SHARJAH, 12th May, 2022 (WAM) — Sharjah Museums Authority (SMA) has organised a panel discussion on cultural diplomacy in the UAE with a focus on Italian-Emirati dialogue. Organising the “Role of UAE …
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Posted on 12/05/2022

Watch: Nasdaq Dubai bell marks successful issuance of UAE T-bonds

The ceremony was attended by Ebrahim Alzaabi, Assistant Governor of the Central Bank of the UAE – Monetary Policy and Financial Stability; Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market …
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Posted on 12/05/2022

UAE banks to benefit from high oil prices, rate rises

We affirmed all banks’ Long-Term Issuer Default Ratings with Stable Outlooks, upgraded Emirates Islamic Bank’s Viability Rating (VR) to ‘bb’ from ‘bb-’ on improved asset quality, and downgraded Mashre …
( read original story …)


Posted on 12/05/2022

UAE banks to benefit from high oil prices, rate rises

We affirmed all banks’ Long-Term Issuer Default Ratings with Stable Outlooks, upgraded Emirates Islamic Bank’s Viability Rating (VR) to ‘bb’ from ‘bb-’ on improved asset quality, and downgraded Mashre …
( read original story …)


Posted on 12/05/2022

H.E. Mohamed Bin Hadi Al Hussaini rings Nasdaq Dubai’s bell

Following the successful issuance of two tranches with a total value of AED 1.5 billion The issuance is part of an ambitious strategy to develop debt capital markets, providing investors with …
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Posted on 12/05/2022

CEPA between India UAE to lead to a $100 billion trade in non-oil sector and create 250,000 jobs in next few years

Abdulla bin Touq Al Marri, UAE’s Minister of Economy tells ToI in an exclusive interview how the newly implemented Comprehensive Economic Partnership Agreement (CEPA) between India and UAE will lead …

Posted on 12/05/2022

UAE reports 364 Covid-19 cases, 252 recoveries

The UAE’s Ministry of Health and Prevention reported 364 Covid-19 cases on May 12. The new infections were detected, after 268,888 tests were conducted across the country to screen for the virus. The …

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