The Islamic facility was arranged with Abu Dhabi Commercial Bank (ADCB) and Dubai Islamic Bank as joint mandated lead arrangers and bookrunners. Aljada, a master-planned destination with a sales value of AED24 billion, was unveiled by Sheikh Dr Sultan bin …
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Bahrain’s Al Baraka, Morocco’s BMCE Bank launch Islamic lender in North African country
Bank Al Tamweel wa Inma (BTI) Bank, which opened its headquarters in Casablanca this week, plans to have 37 branches by 2022 in various cities of Morocco, ABG said in a statement on Nasdaq Dubai where its shares are listed. “We are confident of the large …
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ARADA secures AED 1 billion financing from ADCB and Dubai Islamic Bank
ARADA has secured a syndicated loan of AED1 billion from two major UAE banks that will help finance the development of Sharjah’s largest mixed-use megaproject, Aljada. The Islamic facility was arranged with Abu Dhabi Commercial Bank (ADCB) and Dubai …
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Don’t hike fees due to VAT, UAE banks told
(MENAFN – Khaleej Times) The Central Bank of the UAE has asked local banks not to increase the existing fees for customers due to the upcoming value added tax (VAT). “Banks and finance companies will not be permitted to exceed the fees structure for …
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UAE non-oil growth to surge to 3.7pc in 2018
… Bank of Abu Dhabi earlier in 2017 spurred talks of further mergers in the still-crowded banking industry. According to recent reports, two of the UAE’s smallest banks, the Bank of Sharjah and Invest Bank, are currently in merger talks. Stock markets …
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Revealed: the most affordable place to rent, buy property in Dubai
Dubai International City saw the largest drop in rents during 2017 with values down by 16 percent compared to the year-earlier period, according to real estate portal Bayut.com. The average rent for a one-bed apartment in that part of the city stands at …
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FIFA President Infantino delivers closing speech at Dubai International Sports Conference
Technology is part of our future … Infantino was presented with a gift by HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the UAE Olympic Committee. In earlier sessions Marcello Lippi – Coach of China, joined Chairman of the FIFA …
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Video: Dubai Frame to open to public on January 1
The golden structure is expected to attract two million visitors a year What makes the experience special in Dubai Frame? The experience of the frame, which design is inspired by Expo 2020 logo, is marked by the allocation of 3D technology, virtual reality …
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Dubai Frame to open to public on January 1
The golden structure is expected to attract two million visitors a year What makes the experience special in Dubai Frame? The experience of the frame, which design is inspired by Expo 2020 logo, is marked by the allocation of 3D technology, virtual reality …
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Ultimate guide to Dubai Frame
The ground floor has a museum that tells the story of the development of Dubai, with presentations spanning decades of city development. These presentations are immersive experiences themselves with 3D technology and imagery. The main highlight is the Sky …
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Blockchain in Education: Educhain Graduates Dubai Future Accelerators Program to Conduct a Blockchain Pilot in Dubai
It is an intensive program that pairs top companies and cutting-edge entrepreneurs with powerful partners in Dubai to create breakthrough solutions. The program explores and develops the technologies of the future and employs them to resolve the challenges …
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Dubai Frame opens to public on January 1
The gallery creates a virtual metropolis through interactive projections and virtual reality technology. Dubai Frame opens to the public on January 1, 2018 with more than two million annual visitors expected. Tickets for adults will cost Dh50 and Dh20 for …
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How the Louvre Abu Dhabi changed my mind about the city
The Virgin Mary, Isis and Phemba share a display case in the first room in the Louvre Abu Dhabi. Looking at them, I realise this is not going to be like other museum visits. The Catholic saint, Egyptian goddess and maternity figure from Congo sit side-by …
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A relook at Dubai communities beset with issues
Dubai: While Dubai communities continue to grow, residents are continuously hoping to see their areas develop and improve with newer facilities, better security and accessible management. Gulf News followed up with residents from several communities about …
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Novak Djokovic pulls out of Abu Dhabi comeback
ABU DHABI: Former world number one and 12-time Grand Slam champion … Open because of pregnancy and the birth of her first child in September. Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for …
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Tennis: Djokovic pulls out of Abu Dhabi comeback
The 30-year-old Serbian star had targeted Abu Dhabi for his first match since his quarter-finals … pregnancy and the birth of her first child in September. str/nr Get latest news & live updates on the go on your pc with News App. Download The Times …
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Dubai Financial Market : UAE bourses move towards gains Thursday – Analysis
Dubai – Mubasher: The UAE stock markets are expected to see a positive performance amid the continuous accumulation by local investors as stocks reached attractive levels ahead of announcing firms’ annual financials. By the end of Wednesday trading …
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