The Dubai group has a growing list of hotel properties in Budapest including the iconic InterContinental Budapest …
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Sharjah Islamic Bank successfully prices $500m sukuk
Sharjah Islamic Bank (SIB) has priced a $500 million 5-year long sukuk, with a profit rate of 2.85 per cent per annum, fetching it an A- …
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vertu now in wafi city mall
vertu, the first luxury communications company opens a new store in wafi city in partnership … Burjuman and Grand Hyatt in Dubai, Marina Mall in Abu Dhabi and Seef Mall in Bahrain in addition …
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Ambassador opens passport renewal facility in UAE on Philippine Independence Day
The first PaRC facility was opened in the Wafi Mall in Dubai on November 21st 2019 with the Philippine Secretary of Foreign Affairs, Teodoro L. Locsin, Jr. leading the inauguration. The two PaRC …
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Major crypto debit card issuer reportedly missing $2.1B in cash
According to earlier reporting by the Financial Times, Wirecard staff in Dubai and Dublin appear to have conspired to falsely inflate sales and profits for almost a decade. Crypto.com’s popular debit …
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Divers cut, plant coral off UAE coast to build reef
Off the east coast of the United Arab Emirates (UAE) coral freshly removed from a reef is cut into pieces and replanted by a group of divers in the waters below. The divers, from the Fujairah …
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Revealed: Eleven of the best staycation deals in Dubai
Issa Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DCTCM) said he hopes encouraging local visitors to the properties across the emirates will help kickstart the sector, which has …
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Sharjah Islamic Bank successfully priced $500 million Sukuk
SHARJAH, United Arab Emirates(AETOSWire): Sharjah Islamic Bank (SIB), one of the leading Islamic banks in the UAE, priced a $500 million (1.83 billion dirhams) long 5-year sukuk, with a profit rate of …
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Starting a business in the UAE? Find out how Economic Substance Rules protect you.
Are you planning on newly incorporating your business in the UAE? If you are, you would have understood by now that one of the first things you need to do is apply for a trade licence. This is …
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5 Arab fighters who could be UFC ‘Fight Island’ alternates in Abu Dhabi
With the UFC returning to Abu Dhabi for four events in July, here are five Arab fighters who could fill in if needed.
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Dubai’s Ripe Retail launches special Palm Jumeirah pop-up this summer
Dubai’s popular Ripe Market is back for the summer, this time with a pop-up at Nakheel Mallhead to Palm Jumeirah’s Nakheel Mall on Palm Jumeirah. Ripe Retail has revealed a special pop-up taking place …
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KT edit: Sharjah deserves praise for supporting teachers
The UAE, particularly Sharjah, has recognised their contributions during this difficult time. In April, the emirate’s education authorities intervened and said they would penalise schools who resorted …
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Chinese interest in Australian property shrinks as diplomatic rift grows
Chinese buyer enquiries for Australian homes fell to their lowest in almost three years in May, according to independent data, suggesting multi-billion dollar housing demand could be another casualty …
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Residential property prices in Saudi Arabia rose 2.1% in Q1 2020
DUBAI — Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East, released its Saudi Arabia Property Market Report for 2020 comprising key property data and …
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Abu Dhabi Investment Office Invests US$5 Million in Shorooq Partners’ Bedaya Fund To Support Early-Stage Startups In Abu Dhabi
ADIO’s investment to be channelled to fintech, tech-enabled business services, platforms and software startups in Abu Dhabi …
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Race To Ready Dubai’s Mega Expo Despite One-year Delay
Armies of workers in protective masks are racing to complete the mammoth Dubai Expo 2020 site despite the coronavirus that has sickened some employees, forced a one-year postponement, and created a …
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50 Pinoys dead of COVID-19 in Dubai but central command says overall cases declining
DUBAI, United Arab Emirates — The head of Dubai’s COVID-19 Command and Control Centre said this international city that does not sleep is moving steadily towards overcoming the pandemic, noting that …
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