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Posted on 03/09/2020

Dubai Seeks to Attract Wealthy Retirees After Expatriate Exodus

Dubai started a program to attract wealthy retirees as the Middle East business hub faces a flight of expatriates amid an economic downturn.
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Posted on 03/09/2020

Abu Dhabi issues $5bln in multi-tranche, 50-year bond

ABU DHABI: The emirate of Abu Dhabi on 2nd September 2020 successfully completed a USD 5 billion multi-tranche bond offering, which represents a continuation of Abu Dhabi’s commitment to fiscal …
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Posted on 03/09/2020

Arab Artists Boycott UAE After Israel Deal

The UAE agreed last month to establish full diplomatic ties with Israel in a US-brokered deal, making it the first Gulf state and only the third Arab country to do so. The agreement was denounced by …
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Posted on 03/09/2020

With The Creation Of The Restaurants Business Group, The Dubai Chamber Of Commerce And Industry Is Stepping Up Its Support Of The City’s Restaurateurs

The Restaurants Business Group has been built to serve restauranteurs’ common interests through cooperation with relevant authorities, at a time when this sector needs to tackle an endless list of …
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Posted on 03/09/2020

Dubai registers $1.2bln real estate transactions in August

Dubai’s real estate market has recorded more than 2,400 sales transactions worth AED4.73 billion ($1.2 billion) in August, of which 31.6 per cent were off-plan deals, according to the UAE real estate …
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Posted on 03/09/2020

5-year retirement visa launched in Dubai: All you need to know

People around the world looking to have a distinct retirement life can start their new chapter in Dubai. Residents or any foreigner aged above 55 years can apply for a five-year retirement visa on …
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Posted on 03/09/2020

ZelaaPayAE Partners with Tron to Empower Users with a Dual Chain Solution

ZelaaPayAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) — The Blockchain ecosystem is one of the most rapidly evolving and expanding branches …
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Posted on 03/09/2020

Feds Want Atty In $393M Crypto Scam To Forfeit College Fund

Attorney Mark S. Scott should be ordered to forfeit $2.5 million from personal accounts, including a child’s college fund, to foot a massive forfeiture tab for laundering $393 million in proceeds from …
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Posted on 03/09/2020

Reporter’s Notebook: What It Was Like On Israel’s ‘Peace Plane’ To UAE

Weeks ago it would have been unimaginable to see Israeli officials fly to the United Arab Emirates and walk out onto a red carpet. That wasn’t the only unusual part of the visit.
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Posted on 02/09/2020

Abu Dhabi issues USD 5 billion in multi-tranche

The 50-year tranche is the longest term for a GCC sovereign bond Demand demonstrates significant investor confidence in the long-term strength of the Abu Dhabi economy Abu Dhabi: The emirate of Abu …
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Posted on 02/09/2020

Abu Dhabi sells $5bn bonds with first ever 50-year note for a Gulf nation

The bond issue was nearly five times’ oversubscribed and the three-year note was priced at lowest ever rate for a Gulf sovereign …
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Posted on 02/09/2020

Abu Dhabi issues $5b in multi-tranche, 50-year bond

The 50-year tranche is the longest term for a GCC sovereign bond Abu Dhabi: The emirate of Abu Dhabi on September 2, 2020 successfully completed a $5 billion multi-tranche bond offering, which …
( read original story …)


Posted on 02/09/2020

Returning to public debt markets after six years, Dubai gets $2 billion

The government of Dubai sold $2 billion in dual-tranche bonds on Wednesday, its first sale in public debt markets in six years, as it seeks to boost finances hit by the coronavirus crisis. Dubai sold …
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Posted on 02/09/2020

Fighting Covid-19: 580 parents, school staff in Sharjah learn campus safety at workshop

The drive is also being carried out as part of the Sharjah Private Education Authority’s (SPEA) Healthy Schools programme.
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Posted on 02/09/2020

Social workers in Abu Dhabi now need a licence

Apart from social workers, it also applies to non-clinical psychologists, applied behavioural analysts, psychotherapists, and counsellors.
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Posted on 02/09/2020

Abu Dhabi restaurant becomes city’s first to receive kashrut certificate

Abu Dhabi now has it’s first official Kosher restaurant, as Elli’s kitchen has become the first in the city to be granted a kashrut certification from rabbinical authorities. The award follows the …
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Posted on 02/09/2020

Noor Abu Dhabi completes full year of commercial operations

Located at Sweihan in Abu Dhabi, Noor Abu Dhabi (which means light in Arabic) features 3.2 million solar panels. The plant is a joint venture between Abu Dhabi National Energy Company (Taqa) and a …
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