The Dubai-based lender has acquired the outstanding shares at AED 11.95 each, amounting to approximately AED 69.8m ($19m), according to a company statement. EIB will continue to operate under its …
Sharjah Islamic Bank strengthens capital with new Sukuk
This most recent transaction marks the fifth listing by the Bank on Nasdaq Dubai, raising its total listed value on the exchange to AED9.1 billion ($2.5 billion) …
Nasdaq Dubai welcomes Mashreq’s $500mln debut sukuk listing
Dubai: Mashreq Bank listed a $500 million Sukuk on Nasdaq Dubai through Mashreq Al Islami Sukuk Company Limited, according to a press release. Issued under Mashreq’s $2.50 billion Trust Certificate …
FinTech LIVE Dubai: John Hallahan, Director at Fireblocks
John Hallahan, Director of Business Solutions and Advisory (EMEA) at Fireblocks, explored stablecoins and the UAE – transforming payments, trade and financ …
FinTech LIVE Dubai: Tausif Ahmed, Country Leader at Worldpay
Tausif Ahmed, Country Leader for Middle East & Africa at Worldpay, explores digital wallets and the rise of real-time payments …
10 best restaurants in Dubai to make you feel like you’re on holiday
When “away” is just a table away… Summer is here. You want out but can’t go far. You didn’t book a flight. You stayed. But that doesn’t mean you want to feel stuck. Maybe you’re just a little homesick …
Omniyat acquires Marasi Bay Island in the Burj Khalifa District
Omniyat, a leading developer in Dubai’s ultra-luxury real estate sector, has acquired Marasi Bay Island, a reclamation project to be developed into a lifestyle destination with the first beach club in …
A huge new entertainment venue is coming soon to Dubai South
Scorpion Club, a first-of-its-kind immersive entertainment offering in Dubai South, is now at the Jebal Ali community mall Dubai Festival Plaza …
Hamriyah Port fire: Sharjah Crown Prince honours teams that put out blaze
The massive fire broke out on May 31 at the Hamriyah Port in Sharjah and took 24 hours to bring under control. It has been described as one of the largest recent industrial blazes in the emirate.
Family sleepover at SeaWorld Abu Dhabi: All you need to know
SeaWorld Yas Island, Abu Dhabi plans a special overnight event. Families can explore marine life after hours. The event includes guided tours and interactive activities. Participants will preview the …
The largest indoor summer sports event in the Middle East returns to Abu Dhabi
Back for its fourth and biggest edition yet, Abu Dhabi Summer Sports is now underway at ADNEC Centre Abu Dhabi, running daily from June 5 to August 21. Organised by ADNEC Group and Abu Dhabi Sports …
UAE weather tomorrow: Temperatures to rise; conditions to get humid by night
Residents in UAE can expect fair weather conditions on Thursday, June 12, according to the latest forecast by the met department. The National Centre of Meteorology (NCM) said in its bulletin that it …
PM Shehbaz to visit UAE for high-level talks on June 12
Prime Minister Muhammad Shehbaz Sharif will undertake an official visit to the United Arab Emirates (UAE) on Thursday, 12 June 2025. The visit highlights the deep-rooted fraternal relations between …
EU removes UAE from dirty money list and adds Monaco
The EU will remove the United Arab Emirates (UAE) from its list of countries with a high risk of money laundering, as it adds Monaco and eight others including Venezuela, Kenya and Lebanon. The change …
UAE participates in the ‘BRICS Youth Summit’ in the Federative Republic of Brazil
The leadership’s directives underline the nation’s steadfast commitment to youth empowerment and enhancing their participation in global development. The BRICS Youth Summit is an ideal opportunity to …
UAE announces Hajj 2026 registration to begin in September
After a successful Hajj season in 2025, authorities in UAE announced registration for the next 2026 season (1447 AH)For citizen interested in the pilgrimage, the registration will open in September …
UAE residents to get visa-free entry to Armenia from July 1
Armenia will offer visa-free entry to residents of the UAE starting July 1, Khaleej Times can confirm. Travellers’ residency visas must be valid for at least six months. Previously, only UAE nationals …