Commercial Bank of Dubai (CBD) has priced a USD 550 million Additional Tier 1 (AT1) perpetual non-call 6-year capital securities issuance at a fixed rate of 6.625%. The transaction forms part of CBD’s …
Etisalat May Sell African Towers
UAE’s telecoms firm Etisalat may sell its telephone tower operations in Africa and is considering sharing infrastructure with rival carriers, it said in a statement on Thursday. Etisalat operates in …
MCA AI Day highlights the growing role of AI in business transformation
MCA Gulf successfully hosted MCA AI Day 2026 on June 24, 2026, at Taj Dubai, bringing together a strong gathering of business leaders, policymakers, clients, technology innovators and industry experts …
UAE boosts crude oil production to all-time high after OPEC exit, and crypto miners are paying attention
The UAE hit record crude oil output above 3.8 million bpd after exiting OPEC. Lower energy costs and sovereign wealth flows could impact Bitcoin mining and …
Chedi Al Bait, Sharjah appoints new Director of Sales & Marketing
The Chedi Al Bait, Sharjah, part of Chedi Hospitality’s distinguished portfolio of heritage properties, has appointed Arvind Singh as Director of Sales & Marketing. Bringing more than 16 years of …
UAE’s Oil Output Hit Record High in June, IEA Says
The United Arab Emirates boosted crude oil production to an all-time high last month, the most compelling evidence yet of how Abu Dhabi responded more boldly than any of its Persian Gulf neighbors to …
Find out more as UAE’s biggest bank targets another African country
After opening an office in Nigeria, UAE banking giant First Abu Dhabi Bank plans to expand into South Africa, targeting Africa’s biggest banking market.
UAE’s Emirati graduates can now apply to work at the World Bank for two years
Emirati graduates can now apply for a two-year placement with the World Bank Group, working from its offices around the world on live development projects. Applications opened on June 26 and close on …
Why Dubai residents are heading to malls as early as 6am this summer
From family bonding time to interval training, Dubai’s air-conditioned mallathons have become the city’s favourite summer fitness routine for many …
The Chedi Al Bait, Sharjah appoints Arvind Singh as Director of Sales & Marketing
In his new role, he will lead the resort’s sales and marketing efforts, driving strategic initiatives to further strengthen The Chedi Al Bait’s position as Sharjah’s leading heritage destination …
30 UAE decision-makers address e-invoicing, cybersecurity, and AI in Dubai
Finance leaders, CIOs and technology experts examined enterprise readiness, data governance and AI implementation as the UAE advances mandatory e-invoicing …
UAE reveals plan to promote Emirati talent in tax sector
The UAE has launched a tax expansion plan aimed at promoting Emirati talent within the sector. Abdulaziz Mohammed Al Mulla, Director General of the Federal Tax Authority (FTA), has announced a plan to …
One Point Legal and Instant POA launch integrated legal support desk for UAE businesses and international investors
The model is designed for founders, shareholders, property owners and overseas investors who often need several connected services for a single transaction …
Sharjah International Book Fair Awards 2026 open nominations until 31st August
SHARJAH, 9th July, 2026 (WAM) — The Sharjah Book Authority (SBA) has opened nominations for the Sharjah International Book Fair Awards 2026, with a total prize fund of AED625,000 across 10 awards, …
UAE’s E& to sell Vodafone stake to French telecoms tycoon for nearly $6 billion
UAE telecoms operator E& Group said on Friday it would sell its entire stake in Vodafone to a company owned by the family group of French telecoms tycoon Xavier Niel for $5.95 …
How UAE university students are using AI to reduce insurance claim rejections
The AI platform can help healthcare institutions in the UAE to enhance operational efficiency while supporting the country’s vision for digital transformation …
Dubai Chambers launches ‘Business in Dubai’ platform to enhance competitiveness of business environment
Dubai Chambers launches the Business in Dubai platform, a digital gateway offering 65 corporate services from trusted partners to help companies establish, grow, and expand operations in Dubai efficie …