Dubai hired banks for an offering of bonds and Islamic securities in dollars as it seeks to shore up its finances.The government of the Middle East’s main business hub is selling a benchmark-size …
( read original story …)
Emirates airline got $2 billion injection from Dubai govt -document
Emirates airline has received 7.3 billion dirhams ($2 billion) from the government of Dubai as it faces a cash crunch caused by the COVID-19 pandemic, a bond prospectus seen by Reuters shows. DUBAI, …
( read original story …)
UPDATE 2-Dubai plans comeback to debt markets amid sharp economic downturn
Dubai has hired banks to advise it on its comeback to the international debt markets as the Middle East trade, finance and tourism hub seeks to bolster finances badly hit by the coronavirus pandemic.
( read original story …)
Israeli business hopes for new chapter in UAE trade after historic deal
The first time we did this, they brought out the champagne,” said one traveller who visited this year to hawk an array of cyber-surveillance software from at least six Israeli manufacturers. On Monday …
( read original story …)
UAE weather: Cloud formation expected in Abu Dhabi and Al Ain, NCM issues alerts
NCM has issued yellow and orange alerts due to the cloud formation and windy conditions Dubai: UAE residents can expect another cloudy day, especially in the southern part of the country like Abu …
( read original story …)
Trump adviser sees more Arab, Muslim partners for Israel after UAE deal
U.S. President Donald Trump’s national security adviser said on Sunday more Arab and Muslim countries were likely to follow the United Arab Emirates in normalising relations with Israel.
( read original story …)
Dubai Chamber’s Online PPE Marketplace Witnesses 340% Increase In Company Registrations
A recent analysis by Dubai Chamber, based on data from TradeMap, identified China as the largest exporter of COVID-19 medical supplies to the UAE, with exports reaching a value of $623.7 million …
( read original story …)
American School of Dubai (ASD) ready to welcome students back to school
The American School of Dubai (ASD) is looking forward to welcoming their students back to class in a blended learning model, and to their newly developed @ASD 100% distance learning programme. More …
( read original story …)
New rules set for establishing government companies in Dubai
The Dubai government is looking to curtail competition between the government and private sector, with a new ruling detailing terms under which state entities can form new companies. The Executive …
( read original story …)
Dubai to provide equal opportunity for private and public sectors
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, Image Credit: Twitter/Dubai Media Office Dubai: Sheikh Hamdan bin Mohammed bin …
( read original story …)
Public nurseries in Sharjah to reopen in October
Public nurseries in Sharjah will reopen on October 4, authorities announced on Sunday. The 28 public nurseries are for children whose parents work in the emirate’s government departments. Saeed Al …
( read original story …)
Take a sneak peek at what the first day back to school was like in Dubai
What is a typical UAE school day like in the time of COVID-19? On Sunday, GEMS New Millennium School, Al Khail, was one of the 200-plus private schools in Dubai that reopened after March, when the …
( read original story …)
Fire erupts at a warehouse in Dubai’s Umm Ramol area
A blaze erupted at a warehouse in Dubai’s Umm Ramol area on Sunday, an official said. According to Dubai Civil Defence, the command center received the emergency call at 6:48 pm from Dubai Police …
( read original story …)
Netanyahu: ‘Many more’ secret talks with Arab nations after US-brokered UAE agreement
Israel Prime Minister Benjamin Netanyahu said that there are “many more unpublicized meetings with Arab and Muslim leaders to normalize relations with the state of Israel” following its historic peace …
( read original story …)
Dubai Is in Talks With Banks for Dollar Sukuk Sale
Dubai is in talks with banks for a possible sale of Islamic bonds in dollars, people familiar with the matter said, as it seeks ways to shore up its finances.The sheikhdom last week sent a request for …
( read original story …)
Find out what happened to two siblings in Sharjah whose mother died and father is in jail
Sharjah Charity International provides monthly financial assistance to the two children Sharjah: In the cycle of life, stories are written and rewritten: About a child whose parents were snatched by …
( read original story …)
Video: Over 300,000 workers made aware of anti-Covid measures in Sharjah
The awareness drive is aimed at controlling the spread of Covid-19 by improving health conditions, and precautionary measures in the industrial and …
( read original story …)