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Month: September 2023

Posted on 19/09/2023

UAE’s non-oil business growth slows in August but confidence high

Growth in non-oil business activity in the United Arab Emirates eased in August to the slowest pace in six months, but business confidence rose to its highest since before the pandemic, a survey …

Posted on 19/09/2023

Nigeria and Cessation of Tensions With UAE [editorial]

Fresh from his mission to honour the invitation to the G20 Summit in New Delhi India, President Bola Tinubu continued his economic charm offensive to the United Arab Emirates, UAE, where he met with …

Posted on 19/09/2023

Dubai Chamber of Commerce brings together Car Rental Business Group and Dubai Police to explore traffic law amendments

Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, brought together the Car Rental Business Group and representatives from Dubai Police …

Posted on 19/09/2023

DAE closes US$1.6 billion new financing facilities, largest bank loan financing in its history

Dubai Aerospace Enterprise (DAE) today announced that it has signed a new multi-tranche financing, structured as a combination of revolving credit facilities and term financing facilities, each …

Posted on 19/09/2023

UAE’s $1.5 billion dollar bond issue oversubscribed five times

The Federal Government of the UAE, represented by the Ministry of Finance, successfully closed its offering of a US dollar-denominated 10-years $1.5 billio..

Posted on 19/09/2023

Coinbase Under Fire for Profiting From Curve Finance Hack – And Keeping Its Dubious Gain

Coinbase gained $1 million from the $73 million hack of Curve Finance, but it’s facing criticism for not returning anything to the victims.

Posted on 19/09/2023

Businessman to celebrate daughter’s wedding in the sky in Dubai

Private charter flight operator Jetex’s Boeing 747 aircraft carrying over 300 guests will take off from Dubai and fly to Oman for the 3-hour journey wedding.

Posted on 18/09/2023

Dubai Customs Foils AED6.2 Million Drug Smuggling In An Air Cargo

Dubai Customs authorities have successfully thwarted a major drug smuggling attempt at Dubai International Airport.

Posted on 18/09/2023

At Leadership Twitter Spaces, Experts Say UAE Can’t Ignore Nigeria

Following the impasse between Nigeria and the United Arab Emirates (UAE) which led to visa restrictions that are affecting businesses, stakeholders have said that the country needs Nigeria as much as …

Posted on 18/09/2023

Abu Dhabi Sports Council Reviews Financial Budget For 2024, Discusses Community Activities

The board reviewed the general financial budget for 2024, which reflects the strong performance of the council and its impact on the sports sector, to benefit citizens, support the sports sector and …

Posted on 18/09/2023

President Sheikh Mohamed welcomes Egypt’s El Sisi to Abu Dhabi

Egypt’s leader Abdel Fattah El Sisi visited Abu Dhabi on Monday, where he met with UAE President Sheikh Mohamed and the Emirati astronaut corps. “I was pleased to welcome my brother to Abu Dhabi to …

Posted on 18/09/2023

Luxury Real Estate Market Boom in Dubai: Legal Considerations

lays down the foundation for property transactions in Dubai. According to Article 9 of this law, all dispositions that create, transfer, change, or extinguish real property rights must be registered.

Posted on 18/09/2023

Dubai records over AED2.6 billion in realty transactions Monday

Dubai real estate market recorded 567 sales transactions worth AED1.88 billion, in addition to 155 mortgage deals of AED688.9 million, and 17 gift deals amounting to AED44.05 million on Monday, data …

Posted on 18/09/2023

Baker McKenzie Hires One and Loses Another in the UAE

The firm recently moved its office to the Dubai International Financial Centre, and has made several lateral appointments in the Middle East region.

Posted on 18/09/2023

CoinW TOKEN2049 After Party Concludes, Sharing Insights on Sustaining Growth Through Crypto Winter

CoinW, the world’s leading digital asset trading platform, concluded its After Party during TOKEN2049 in Singapore on the evening of the 13th local time, setting the stage for an unforgettable evening …

Posted on 18/09/2023

IndyCar Driver Pato O’Ward Getting F1 Practice 1 Outing in Abu Dhabi

Arrow McLaren SP IndyCar racer Pato O’Ward will return to Formula 1 action in Abu Dhabi in November.

Posted on 18/09/2023

UAE President; Mohammed bin Rashid lead the nation in celebrating Sultan Al Neyadi’s homecoming

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has hailed the return of Sultan Al Neyadi as a moment of national pride for the UAE. His Highness the President was joined by His Highness …

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