Ain Dubai observation wheel has installed its first capsule, it was announced on August 23. Remaining 47 capsules are scheduled for gradual placement to create what is slated to be the world’s tallest …
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UAE’s Hope Probe travels 100 million kilometres, shares Mars’ image
Sheikh Mohammed said, “Images taken by the UAE’s Hope Mars Mission, stating that the probe has travelled more than 100 million kilometres into its journey so far.
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Pompeo in Jerusalem after UAE-Israel deal, will push for other Arab states to follow suit
US State Secretary Mike Pompeo visited Jerusalem on Monday to start a five-day Middle East tour focused on Israel’s normalising of ties with the United Arab Emirates and pushing other Arab states to …
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Rescue of Jewish Family From Yemen, Sponsored by Crown Prince of Abu Dhabi
While the historic agreement between Israel and the UAE continues to make headlines around the world, meanwhile, far from the spotlight, the UAE has been i …
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Commercial cases filed in Dubai surge 96%: DIFC Courts
Dubai and the UAE, for investors and the international business community,” said Omar Al Muhairi, deputy chief justice at DIFC Courts.
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712kg of drugs seized in Dubai in first six months of 2020
UAE have been blocked Dubai: The anti-narcotics unit of Dubai Police have seized 712kg of drugs and arrested 1,176 suspects in the first half of 2020, data showed. Lt General Abdullah Khalifa Al Merri …
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Woman jailed for robbing Dubai tourist after luring him into a flat
A woman who had been involved in robbing an Arab tourist in Dubai was sentenced to two years in jail. The 23-year-old African, who was on a visit visa, had set up a fake social media account and lured …
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ENBD REIT secures a hedge on outstanding debt through Dh400m facility
With cost of financing the REIT’s single largest expense, amounting to 47 per cent of total expenses as at March 31, by fixing EIBOR at these lower rates, ENBD REIT intends t …
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ENBD REIT hedges AED 400m facility with Mashreq Bank
Shari’a-compliant profit rate swap with Mashreq Bank will hedge 56% of ENBD REIT’s total outstanding debt …
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ENBD REIT Hedges Dh400 Million Facility With Mashreq Bank
We have taken that opportunity by agreeing a profit rate swap with Mashreq Bank, which will hedge more … is based in the Dubai International Financial Centre (DIFC) and regulated by the Dubai …
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PROJECTS: Oman extends bid submission date for hybrid solar-diesel IPP
Oman has extended the commercial bid submission deadline for its hybrid solar-diesel independent power plant (IPP) project to the first week of October 2020, according to a source close to the project …
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Israeli Peace Deal Coaxes UAE Investors Out of the Shadows
When Tel Aviv-based financier Edouard Cukierman started his first fund in the late 1990s, some of the investors he signed up from the United Arab Emirates hid their identity behind a trust to keep …
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IPL 2020: Welcome to UAE – a sneak peak into KKR’s team room in Abu Dhabi | WATCH
On Monday morning, KKR gave a sneak peak into their lavish accommodation in Abu Dhabi, which will be their base for the duration of the tournament.
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Tratok, the Travel and Tourism Blockchain Disruptor, Goes Mainstream, Offering Users the Chance to Win a Holiday per Year for Life
Tratok’s users have always claimed that the UAE based disruptor holds a significant edge over its counterparts …
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Aldar makes strong progress on sustainability agenda; launches ambitious new commitments
ABU DHABI: Aldar Properties today published its second annual sustainability report, demonstrating strong progress in 2019 and charting an ambitious roadmap for the future through a number of key …
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Most UAE small and medium businesses upbeat on rebound within 6 months
Most small and medium businesses (SMBs) in the UAE are beginning to feel optimistic about the future of their business but estimate it will be about six months before their businesses are back to full …
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ISRAEL-UAE ABRAHAM ACCORD 2020
When a Palestinian man was asked about the normalization of diplomatic relations and peace agreement between UAE and Israel, with anger in his eyes he said, “We have been stabbed in the back”. After …
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