Abu Dhabi stocks rose to a record high in early trade on Wednesday as telecom giant Etisalat extended gains, while the other major Gulf markets were trading flat.
Great neighbourhoods of Dubai: Jumeirah Lakes Towers area guide
Dubai: One of the cities most exciting and burgeoning neighbourhoods, JLT is home to much of the expat workforce. It’s a neighbourhood of young people and young families. Jumeirah Lakes Towers – or …
Food review: Dinner is the show at Asil Dubai
A much under-appreciated instrument, we can only applaud Asil at the Rixos Premium in JBR for giving the woodwind classic its chance to shine and, before entering, hoped the more offbeat decisions may …
Singer Jubin Nautiyal to perform in Dubai
Pop-Indian/classical crooner Jubin Nautiyal is all set to mesmerise Dubai with his unique brand of vocals soon. The multi-award winning singer will be performing for the first time in the city on …
Dubai-Africa F&B trade reached $13.9bn over 2015-2020
Dubai’s food and beverage (F&B) trade, excluding tobacco, with Africa reached $13.9 billion during the 2015 to 2020 period, while the sector has been identified as a key factor expected to drive …
Dubai: Emirates announces new flights from October
Emirates announced on Wednesday that it will be expanding its operations in and out of South Africa, boosting its schedule to 28 weekly flights by October.This is the airline’s largest weekly schedule …
Expo Dubai: Build it and they will come? Inside the UAE’s most ambitious project to date
There’s just one month to go until Expo 2020 Dubai. CNBC’s Dan Murphy takes a look at the final preparations. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and …
Abu Dhabi wealth fund to focus on tech, climate change after COVID-19
Dubai: Abu Dhabi Investment Authority (ADIA), the UAE’s ’ biggest sovereign wealth fund, sees technology and climate change as key investment areas for its post-COVID-19 strategy, it said in its 2020 …
Abu Dhabi starts marketing two-tranche bonds, document shows
Abu Dhabi on Wednesday gave an initial price guidance of about 90 basis points (bps) over U.S. Treasuries (UST) for 10-year bonds and around 130 bps over UST for 30-year bonds, a bank document showed, …
Abu Dhabi Offers Second Dollar Bond for 2021 Amid Low Yields
Abu Dhabi is returning to international debt markets for the second time this year with a two-part dollar-denominated offering to take advantage of low borrowing costs. The oil-rich capital of the …
Biggest Abu Dhabi Wealth Fund Expands Foray Into Private Markets
The Abu Dhabi Investment Authority is giving itself more room to invest in private markets after a record year of dealmaking for its buyout division during the pandemic.The emirate’s biggest sovereign …
IPL in UAE: Dubai-based health-care group bags COVID-19 contract again
Rescheduled league from September 19 to see around 30,000 RT-PCR tests this season Dubai: UAE-based VPS Healthcare will provide a 360-degree healthcare for the month-long IPL 2021 for the second …
One of the world’s largest snakes has a new home in Abu Dhabi
The news about the latest resident of The National Aquarium is a very long story… In the 1997 movie, Anaconda, Jenifer Lopez and a crew of documentary makers head to the Amazon river in search of a …
Abu Dhabi starts marketing two-tranche bonds – document
Abu Dhabi on Wednesday gave an initial price guidance of around 90 basis points (bps) over U.S. Treasuries (UST) for 10-year bonds and around 130 bps over UST for 30-year bonds, a bank document showed …
UAE’s Dana Gas-led consortium signs $250 million financing agreement
Pearl Petroleum Company, the consortium led by Dana Gas and Crescent Petroleum of the UAE, has signed a $250 million financing agreement with the US International Development Finance Corporation …
Dubai: Hairdresser gets 15 years in jail for kidnapping, assaulting woman
A 35-year-old Arab hairdresser has been sentenced to 15 years in jail for kidnapping a European woman, sexually assaulting her and threatening to kill her. He will be deported after he serves his term …
Saudi Arabia Lifts UAE Travel Ban Weeks Before Dubai Expo Starts
Saudi Arabia lifted a travel ban to neighboring United Arab Emirates starting Wednesday, opening up a key market weeks ahead of the Dubai Expo 2020 trade fair.