Four new markets have been constructed at a cost of Dh30,000.000 in the central region of Sharjah by Sharjah Public Work Department (SPWD) to cater to the needs of people. The four markets included a …
( read original story …)
Abu Dhabi Fund for Development says $556.6 million provided to Sudan, commits to completing $1.5 billion UAE grant
Abu Dhabi Fund for Development says $556.6 million provided to Sudan, commits to completing $1.5 billion UAE grant DUBAI, Oct 26 (Reuters) – The Abu Dhabi Fund for Development said on Monday it has …
( read original story …)
MIDEAST STOCKS-Aldar lifts Abu Dhabi, Egypt extends losses
Abu Dhabi’s index closed higher on Monday boosted by gains in Aldar Properties following a government projects management deal, while Egypt’s stock market extended losses as Commercial International …
( read original story …)
First Abu Dhabi Bank’s nine-month 2020 net profit dips 22% to Dh7.3b
Dubai: The UAE’s biggest bank, FAB, recorded a 22 per cent drop in net profit for first nine months to Dh7.3 billion, brought on by “softer” revenue and higher impairments. For the third …
( read original story …)
Expat woman falls to death while trying to escape arrest in Sharjah
A woman reportedly jumped from the balcony of a sixth-storey apartment in the early hours of Sunday, October 25, trying to escape police arrest, an official at Sharjah Police said. The incident …
( read original story …)
Sharjah Publishers Conference to begin on November 1
More than 317 publishing professionals and 33 speakers will take part in the 10th Publishers Conference from November 1 to 3, the Sharjah Book Authority (SBA) has announced.The three-day event will …
( read original story …)
Commercial Bank of Dubai’s Dh600m bond issue pulls in heavy institutional interest
The Commercial Bank of Dubai has made a return to the capital markets for the first time since 2015, through a Dh600 million six-year bond issue. More than 100 investors participated in the offer, …
( read original story …)
Dubai, Abu Dhabi businesses team up to help Israel firms enter UAE market
Two companies in Dubai and Abu Dhabi are uniting in a joint venture to help Israeli companies set up business in the United Arab Emirates. Dubai’s Virtuzone and Abu Dhabi’s APEX Holdings …
( read original story …)
Show Emirates ID, Covid-19 certificates to enter Abu Dhabi
In its attempt to make the flow of traffic smoother and avoid jams at security points while entering the Capital, the Abu Dhabi Police has urged drivers to follow procedures and instructions …
( read original story …)
Emaar Eclipsed as Top UAE Developer After $8 Billion Aldar Deal
Although oversupply in Abu Dhabi is less severe than in Dubai, there have been concerns around prospects for growth. Property prices have slid by 30% in Dubai since 2014 amid a slump in oil prices, a …
( read original story …)
Dubai developer Union Properties pays off $19mln of debt
Dubai real estate developer Union Properties (UPP) has paid off AED 70 million ($19 million) of debt from its largest lender as part of a comprehensive debt restructuring programme. In a statement to …
( read original story …)
Union Properties pays $19 million towards debt restructuring
Dubai real estate developer Union Properties
( read original story …)
UAE- DSO, Ifza ink deal for flexible biz
The agreement provides entrepreneurs and startups with opportunities to expand their businesses
This agreement pro …
Dubai announces $136 mln economic stimulus package
Dubai has announced a new economic stimulus package worth $136 mln (AED 500 million) to support various business sectors. The newly announced package now brings the total value of stimulus packages …
( read original story …)
Dubai Customs Organizes Discussion Session: (Dubai and Global Trade: Challenges and Opportunities)
… government departments taking part in enhancing sustainable development and promoting Dubai’s image worldwide, turning it into a principal capital, business and tourism destination, as it …
( read original story …)
DMCC enhances ease of doing business in Dubai
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has rolled out a company setup offer for businesses worldwide. The offer provides …
( read original story …)
DMCC offers incentive to international businesses to set shop in Dubai
The Dubai Multi Commodities Centre (DMCC … providing smart solutions that allow companies to access DMCC’s range of business services from any device, anytime and anywhere.
( read original story …)