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Month: October 2022

Posted on 06/10/2022

First Abu Dhabi Bank sets spread for five-year green bonds

First Abu Dhabi Bank has set the spread for its five-year U.S. dollar-denominated green bonds at 125 basis points over U.S. Treasuries after demand topped $1.4 billion, a bank document showed on …

Posted on 06/10/2022

Sharjah: Woman caught shoplifting at gift market jumps from balcony, suffers fractures

Sharjah: Sharjah Police is investigating the circumstances under which an Arab woman on Wendesday night jumped from the balcony of the second floor of a building after she was caught stealing a …

Posted on 06/10/2022

Dubai’s real estate sales hit 9-year peak in September

Ata Shobeiry, chief executive of Zoom Property, said the Dubai’s real estate sustained an upward trend this year due to strong demand from the investors who responded positively to the government’s …

Posted on 06/10/2022

Business incubator in5 to showcase 7 innovative Dubai-based start-ups at GITEX 2022

“Dubai has established a globally competitive business environment and become a desirable location for talent, entrepreneurs, and investors from all over the world. World-class infrastructure, …

Posted on 06/10/2022

India’s Nykaa and Dubai’s Apparel Group forge GCC alliance

NEW DELHI, Oct 6 (Reuters) – Indian cosmetics and fashion retailer Nykaa on Thursday entered a strategic alliance with Dubai-based fashion and lifestyle … together build a multi-brand beauty …

Posted on 06/10/2022

UAE’s top bank FAB in market with 5-year green bonds

First Abu Dhabi Bank has given initial price guidance of 145-150 basis points over U.S. Treasuries for five-year dollar-denominated green bonds expected to price on Thursday, a bank document showed.
( read original story …)


Posted on 06/10/2022

ADIB joins e& enterprise Blockchain platform “UAE Trade Connect”

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today that it has become an official member of UAE Trade Connect (UTC). As part of the membership agreement, this partnership …
( read original story …)


Posted on 06/10/2022

Is Dubai kissing goodbye to banking?

And where previous cuts have seen junior bankers shown the door, the recent round has included directors and, in Nomura’s case, the head of its investment banking operations in Dubai. The recent …
( read original story …)


Posted on 06/10/2022

Digital first bank, Emirates NBD marks presence at world’s largest tech show, GITEX Global 2022

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region has announced its presence at GITEX Global (GITEX), the …
( read original story …)


Posted on 06/10/2022

UAE: Mechanic earning Dh2,000 salary wins Dh10 million Mahzooz draw

Saad is the second Pakistani national who earned the title of Mahzooz multi-millionaire. He plans to start his business in the UAE. “I have not planned the nature of the business and will initiate …

Posted on 06/10/2022

Prophet’s birthday in UAE: Free parking announced in Sharjah

Free parking has been announced in Sharjah on the occasion of the birthday of Prophet Muhammad (PBUH).Public parking will be free, except for the 7-day paid parking zones, which are marked with blue …

Posted on 06/10/2022

Most UAE residents plan to travel in 12 months: study

Of those who are planning a holiday, more than three quarters (75%) plan to tick off somewhere on their travel bucket list this holiday season …

Posted on 06/10/2022

This Is The Villa That Surpassed Mukesh Ambani’s Dubai Mansion As The Most Expensive House

Mukesh Ambani’s Dubai house is not the most expensive anymore. A villa called Casa Del Sole in Dubai’s Palm Jumeirah was sold for $82 million a few days back.

Posted on 06/10/2022

Dubai: Accident reported on Sheikh Zayed Road

A traffic accident has been reported on Sheikh Zayed Road heading towards Dubai World Trade Centre, after the Umm Al Sheif …

Posted on 06/10/2022

Meta Film Fest announces line-up for its inaugural event in Dubai

The inaugural Meta Film Fest, launching in Dubai later this month, has announced a line-up of more than 70 films from 25 countries. From October 27 to 29, Vox Cinemas at Nakheel Mall on Palm Jumeirah …

Posted on 06/10/2022

Don’t Miss This New Hindu Temple On Your Next Visit To Dubai

Are you visiting Dubai on holiday during Diwali this year but feeling a little sad that you will miss observing the customary puja at home? Then there is some good news for you. You may visit the just …

Posted on 06/10/2022

Abu Dhabi’s Eshraq Investments to sell land to Danube Properties for $9mln

Abu Dhabi’s Eshraq Investments has signed an agreement with the UAE-based developer Danube Properties for the sale of two plots for a purchase price of AED 33.1 million ($9 million), and profit over …

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