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Month: June 2022

Posted on 23/06/2022

Abu Dhabi to welcome immersive digital art experience at teamLab Phenomena

Theyab bin Mohamed Bin Zayed inaugurates the Saadiyat Island facility Abu Dhabi: An immersive art space teamLab Phenomena is the latest offering at Abu Dhabi’s Saadiyat Island by 2024, with a …

Posted on 23/06/2022

UAE to raise $3 bln with two-tranche dollar bonds

The United Arab Emirates was set to raise $3 billion with a two-tranche U.S. dollar-denominated bond sale comprising a 10-year tranche and 30-year Formosa portion, a bank document showed on Thursday.

Posted on 23/06/2022

Event showcases UAE’s unique value proposition as a manufacturing hub

Emirates Development Bank (EDB) has been heralded by UAE industry leaders for its role as the key financial engine of the nation’s economic diversification …

Posted on 23/06/2022

In UAE, Britain’s trade secretary calls on more states to sanction Russia

Britain’s trade secretary on Thursday urged more nations to punish Russia for its war in Ukraine during an interview in the United Arab Emirates, which along with other Gulf states has so far resisted …

Posted on 23/06/2022

President Sheikh Mohamed receives King of Jordan upon arrival in UAE

King Abdullah II ibn Al Hussein of Jordan arrived today in Abu Dhabi on an official visit to the UAE. Upon arrival of the Presidential Flight at Abu Dhabi International Airport, the King of Jordan was …

Posted on 23/06/2022

UAE: Doctors save life of 88-year-old patient suffering from severe heart condition

The life of an elderly citizen, with a severe heart condition, was saved after successful intervention by doctors at Sharjah University Hospital. The man was suffering from angina, associated with a …

Posted on 23/06/2022

Dubai’s First Michelin Guide Awards Stars to 11 Restaurants

Courtesy of Michelin . The stainless-steel facade of Dubai’s extraordinary new Museum of the Future is covered with oversized Arabic calligraphy that repeats three quotes from She …

Posted on 23/06/2022

Dubai Airports set to welcome 2.4 million passengers in over 11 days

Dubai Airports has issued a passenger advisory alerting travellers about Dubai International (DXB) getting exceptionally busy over the next two weeks as a result of schools breaking for summer and the …

Posted on 23/06/2022

Dubai economy climbs 5.9% in Q1 as investors repose trust in govt policies

Dubai’s gross domestic product sustained an upward growth momentum as the economy rose 5.9 per cent in first quarter of 2022 as investors reposed trust in the emirate’s consistent economic policies …

Posted on 23/06/2022

Dubai’s TECOM $455mln IPO heavily oversubscribed – document

DUBAI – TECOM Group’s initial public offering (IPO) is heavily oversubscribed at the top of its share price range, suggesting the Dubai business park operator could raise 1.67 billion dirhams ($455 …
( read original story …)


Posted on 23/06/2022

UAE to issue dollar-denominated sovereign bonds

The UAE has announced plans to tap the market with a dual-tranche US dollar-denominated bond. The benchmark size bonds will have a 10-year tranche and a 30-year Formosa tranche, the finance ministry …
( read original story …)


Posted on 23/06/2022

Crypto Crash: How soon will be the currencies’ next rebound be?

Crypto winter has shone a harsh light on fragility of Bitcoin and other crypto assets Get Breaking News Alerts From Gulf News We’ll send you latest news updates through the day. You can manage them …

Posted on 23/06/2022

Pay using crypto at Cafe Beirut, Seven Sisters, Lucia’s and other 7 Management F&B outlets

Customers can pay their bills from their crypto wallets using Bitcoin, Ethereum, Litecoin, and BitcoinCash Pay using crypto at Cafe Beirut, Seven Sisters, Lucia’s and other 7 Management F&B outlets 7 …

Posted on 23/06/2022

Seed Group Partners with 2bminer.com to Strengthen the UAE’s Crypto Market Ecosystem

Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has entered into a strategic partnership …

Posted on 23/06/2022

Sanctioned Russian oligarch yacht in Dubai as pressure grows

A sleek $156 million superyacht belonging to a sanctioned Russian oligarch and parliamentarian is now docked in Dubai, the latest reminder of how the skyscraper-studded sheikhdom has become a haven …

Posted on 23/06/2022

Dubai urges use of smart apps to order Eid sacrifices

Dubai (AFP) – Veterinarians are called in to inspect the sheep at an abattoir ahead of one of Islam’s major holidays in Dubai, where the municipality is encouraging residents to use smart apps to …

Posted on 23/06/2022

Dubai sees nearly 200% jump in international visitors during Jan-May

Dubai continues to rank No.1 globally with 76 per cent hotel occupancy Dubai welcomed 6.17 million international overnight visitors between January and May 2022, a 197 per cent jump compared to the …

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