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Posted on 08/09/2021

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 …

Posted on 08/09/2021

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, …

Posted on 08/09/2021

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 …

Posted on 08/09/2021

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 …

Posted on 08/09/2021

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 …

Posted on 08/09/2021

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 …

Posted on 08/09/2021

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 …

Posted on 08/09/2021

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 …

Posted on 08/09/2021

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 …

Posted on 08/09/2021

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.

Posted on 08/09/2021

Dubai records property sales transactions worth Dhs14.97bn in Aug 2021

A total of 55 per cent of all transactions were for secondary/ready properties, while 45 per cent were for off-plan properties.

Posted on 08/09/2021

Dubai Diaries: What does a window mean to you?

I need a window to look at the world without; for only then can I look at the world within,” writes Indian author of British descent, Ruskin Bond, in his memoir, Words From My Window: A Journal. It’s …

Posted on 08/09/2021

Exclusive: Armed American Civilians on Private Plane to Afghanistan Arrested in Dubai

Seven U.S. nationals were held in Dubai after having “arrived on a private plane carrying firearms,” according to a State Department cable seen by Newsweek. They “reportedly planned to assist …

Posted on 08/09/2021

Dubai ranks fifth globally in the International Shipping Centre Development Index

Dubai has remained among the world’s top five destinations for the maritime industry in the latest International Shipping Centre Development (ISCD) Index. For the fourth consecutive year, Dubai …

Posted on 08/09/2021

Football club AC Milan teams up with Expo 2020 Dubai

Dubai: Italian football club Associazione Calcio Milan is now an official partner to. With a fanbase of more than 500 million, the team is hoping to amplify Expo’s message through the Rossoneri …

Posted on 08/09/2021

Canada and Abu Dhabi are now open for fully-vaccinated travellers

This week, both Canada and Abu Dhabi have eased restrictions for fully vaccinated travellers, so get your clients to the nearest vaccine hub, stat!

Posted on 08/09/2021

US Secretary of State commends UAE evacuation efforts in Afghanistan

US Secretary of State Antony Blinken has commended the support by the United Arab Emirates for the evacuation operations in Afghanistan in a phone call …

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