Abu Dhabi’s FAB Sukuk Company has priced a five-year senior unsecured dollar sukuk to be listed on London Stock Exchange (LSE) as part of its $5 billion trust certificate issuance programme.
YouTuber Accused of Kidnapping 2 Women Before Announcing on TikTok He Was Heading to Dubai
Corey Pritchett Jr. allegedly kidnapped two women from a bowling center in Houston in November before relocating to Dubai
Dubai motorists experience annual average of 35 hours of traffic delay
But that puts them well outside of the top 100 most congested cities… The INRIX 2024 Global Traffic Scorecard uses congestion data across more than 900 global cities, to compare traffic delay times and estimate consequential economic cost.
GCC countries: From tax havens to global business hubs
For years, the region has attracted multinational corporations with a ‘zero taxation’ regime, leading to the perception by businesses and governments globally that companies are moving to the region …
UAE billionaire Hussain Sajwani, Donald Trump announce $20bn investment in US data centres
Dubai real estate developer Damac Properties will invest $20 billion in data centres across the United States, President-elect Donald Trump announced on Tuesday.
Exclusive: Trump’s Dubai Billionaire Pal Discusses His Promise To Invest $20 Billion Into U.S.
The U.A.E. real estate tycoon and Trump pal has a history of audacious projects, but can he come up with the pledged $20 billion? He makes his case from Mar-a-Lago.
Dubai aircraft leasing firm DAE to acquire Nordic Aviation Capital
DAE said that the acquisition will be capitalised and funded by internal resources along with committed debt financing.
Sharjah transfers 20% stake in Invest Bank to security fund
The emirate confirmed on Tuesday that it had transferred 47,490,248,165 shares, representing 20.48% of its stake in the Abu Dhabi-listed bank, to the Sharjah Social Security Fund (SSSF). The transfer …
UAE weather: Speed limits cut as Abu Dhabi blanketed by fog
A safety warning was sent out to motorists in Abu Dhabi on Wednesday morning as dense fog covered the emirate.Abu Dhabi Police urged drivers to be vigilant during the hazardous conditions, which led to speed limits being reduced to 80kph on a number of routes.
Mamma Mia in Abu Dhabi: Ticket prices, dates, location and more
Blockbuster musical Mamma Mia! is coming to Etihad Arena. After a successful 2021 run at Dubai Opera, the stage sensation will take over the Abu Dhabi venue from June 11 to 22, as the production celebrates 25 years since its debut in London’s West End.
Trump’s Dubai Billionaire Ally Vows $20 Billion for Data Centers
President-elect Donald Trump announced an investment of at least $20 billion from Hussain Sajwani, the head of Damac Group, to build new data centers in the US.
The 30th Dubai Shopping Festival: Everything you need to know
Fireworks will also be a daily occurrence at Dubai Festival City Mall at 9.15pm, and you’ll also be able to see displays at Hatta on a Friday and Saturday. Speaking of Hatta, from Friday December 6 …
A Fugitive Businessman, Done In by One Law He Couldn’t Dodge
Fleeing fraud charges, Samuele Landi evaded extradition treaties, dabbled in crypto, procured diplomatic credentials and took advantage of all the offshore world has to offer.
Trump’s Dubai billionaire ally vows US$20 billion for data centres
SINCE Donald Trump was first elected in 2016, Hussain Sajwani, the head of Damac Group, wanted the world to know he was the US president’s man in the Middle East. Read more at The Business Times.
Crypto.com Teams Up with Dubai Islamic Bank to Expand Market Presence in the UAE and GCC
Crypto.com has announced the signing of a Memorandum of Understanding (MoU) with Dubai Islamic Bank (DIB), the UAE’s Islamic Bank.
Armenia and the UAE: Opportunity or missed potential?
Much of the Armenian population might assume that the country’s top foreign investor is Russia. Others might believe it’s the European Union. However, few people would ever think that in 2023 …
Trump announces $20B investment by Emirati billionaire Hussain Sajwani, boosting AI and crypto growth
President-elect Donald Trump on Tuesday announced a $20 billion investment in US-based data centers by Hussain Sajwani, the billionaire founder of DAMAC Properties and a close business associate of …