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Posted on 02/06/2020

TiE Dubai Invites The MENA’s Female Entrepreneurs To A Global Startup Competition

MENA region’s aspiring female entrepreneurs will now have an opportunity to collaborate and exhibit their business ideas at TiE’s global initiative, TiE Women.
( read original story …)


Posted on 02/06/2020

Dubai off-plan property sales rise as big discounts entice investors

Dubai property prices rose slightly by 0.49 percent month-on-month in April, with off-plan registrations largely exceeding resale, according to a recent report. In its monthly market report, real …
( read original story …)


Posted on 02/06/2020

TiE Dubai Takes MENA’s Female Entrepreneurs To A Global Startup Competition

MENA region’s aspiring female entrepreneurs will now have an opportunity to collaborate and exhibit their business ideas at TiE’s global initiative TiE Women.
( read original story …)


Posted on 02/06/2020

The Blockchain Was Born 20 Years Before Bitcoin.

Scott Stornetta spoke about the creation of blockchain. The creation of a hashchain linked to a Time Stamp Authority, coupled with a global witness.
( read original story …)


Posted on 02/06/2020

ADX-listed companies gain Dh3.3 billion in Sunday’s trades

Abu Dhabi Securities Exchange – listed firms gained Dh3.3 billion in the first session of the week, capitalising on selective buys of blue chips which drove ADX’s general index to 4141 points, up 0.54 …
( read original story …)


Posted on 02/06/2020

Surprise uptick in Dubai property prices as off-plan sales eclipse resale in April

Dubai property prices recorded a slight unexpected uptick in April as off-plan sales registrations eclipsed resale. According to Property Monitor data, prices in April stood at Dh …
( read original story …)


Posted on 01/06/2020

Abu Dhabi Said to Near Pipeline Stake Sale to GIP-Backed Group

Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset …
( read original story …)


Posted on 01/06/2020

Emirate of Sharjah hires banks for sukuk that could go up to $1 billion

DUBAI, June 1 (Reuters) – Sharjah, the third-largest emirate of the United Arab Emirates, has hired banks to arrange the issuance of seven-year U.S. dollar denominated sukuk, or I …
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Posted on 01/06/2020

Sharjah hires banks for sukuk that could go up to $1bln

DUBAI – Sharjah, the third-largest emirate of the United Arab Emirates, has hired banks to arrange the issuance of seven-year U.S. dollar denominated sukuk, or Islamic bonds, a document showed. HSBC …
( read original story …)


Posted on 01/06/2020

UAE Emirate of Sharjah Hires Banks for $1 Billion Sukuk Sale

The tiny emirate of Sharjah hired banks to raise as much as $1 billion from international debt markets, joining wealthier Gulf states to shore up its finances against the fallout of the coronavirus …
( read original story …)


Posted on 01/06/2020

Abu Dhabi announces one week-ban on traffic to and between its main cities, from June 2

Abu Dhabi, the largest member of the United Arab Emirates federation, announced a one-week ban on traffic to and between its main cities, to be implemented from June 2, the local government media …
( read original story …)


Posted on 01/06/2020

UAE property market use VR tech to sell units

A UAE-based property developer Azizi Developments has started offering walk-in virtual tours for its property units. The new and interactive virtual property walk-through platform, in line with UAE’s …
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Posted on 31/05/2020

Abu Dhabi Islamic Bank CEO Manna Resigns After a Year on Job

Abu Dhabi Islamic Bank PJSC said its Chief Executive Officer Mazin Manna resigned, just over a year after the Credit Agricole SA banker assumed the role.
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Posted on 31/05/2020

BRI: COVID-19: Chinese property investors expand their horizons

While the coronavirus pandemic is having detrimental effects on the real estate sector across the world, Chinese buyers continue to search the world for good deals although overall deal closings fell …
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Posted on 31/05/2020

Covid-19: Oversupply of property in UAE and long-term consumer confidence

In a post Covid-19 world, the property sector needs to adapt and re-align to meet customer demands and mitigate the long-term effects of the pandemic …
( read original story …)


Posted on 31/05/2020

Reopening responsibly: Owners to wait outside while pets get examined at Sharjah vet clinics

The clinics, operated by the Sharjah Municipality, were closed temporarily as part of preventive measures taken by the civic body to limit the spread …
( read original story …)


Posted on 31/05/2020

Dubai Inc. Debt Distress Emerges as a Risk for Corporate Sector

Bank of America Corp. warned that “more corporate distress” is possible for some of the debt owed by Dubai government-related companies in case of a prolonged economic downturn.
( read original story …)


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