The United Arab Emirates sold its first ever bond as a federal entity this week, impressing bankers and investors alike with a $4bn outing across three tranches. By entering the market as a new, large …
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UAE Cement Market 2021 and the Impact of the COVID-19 Pandemic
The “UAE Cement Market – April 2021” report has been added to ResearchAndMarkets.com’s offering. Prior to the COVID-19 hit, the construction activity within the UAE, more specifically Dubai, was …
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UAE Sets 2050 Net-Zero Goal, First Among Major Gulf Petrostates
The United Arab Emirates has become the first of the Persian Gulf’s petrostates to commit to eliminating planet-warming emissions within its borders.Most Read from BloombergLeft-Wing Rage Threatens a …
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Dubai: This expat once paid Dh2,000 annual rent for a villa
“And in 1968, my mother and us (seven siblings) landed in the UAE after taking a train from Lahore to Karachi and then flying with PIA from Karachi to Dubai.” Rana and his family stayed in Cola colony …
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UAE issues first ever sovereign bonds
The UAE, the Arab world’s second-largest economy, issued multi-tranche sovereign bonds for the first time as a federation as the country looks to raise fresh funding amid low interest rates globally.
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UAE’s Ministry of Finance set to issue dollar-dominated multi-tranche bond offering
The UAE’s Ministry of Finance (MoF) is set to issue a dollar-denominated multi-tranche bond offering for subscription, comprising medium and long-term tranches: a 10-year tranche, a 20-year tranche, …
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Ministry of Finance issues multi-tranche bond package offering for subscription
(MENAFN- Emirates News Agency (WAM)) ABU DHABI, 7th October, 2021 (WAM) — The UAE Government, represented by the Ministry of Finance (MoF), is set to issue a US dollar- denominated multi-tranche bond …
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UAE issues a historic ‘federal’ bond issue to raise $4b
Dubai: The UAE’s Ministry of Finance has released a $4 billion bond package for subscription, featuring a 10-year tranche, another of 20 years, as well as a 40-year dual-listed Formosa tranche. This …
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Remote work more productive for most UAE employees
Working remotely is more productive for 67.6% of UAE employees, said Poly, a creator of premium audio and video products, in a new report outlining the evolution of the workplace and changing employee …
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UAE: Police warn of phone scammers’ latest tricks
In a new trick, phone scammers have been telling residents that they are among those being honoured by authorities for participating in the recently concluded National Sterilisation Programme, …
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Mashreq Bank appoints Govindaiah as Associate VP to expand India operations
Prior to joining Mashreq he was instrumental in setting up Danske IT, a Danish Captive operation in Bangalore as director group real estate and corporate services. Govindaiah has worked with the firm …
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Dubai: Gold prices drop ahead of US jobs data
Gold prices fell on Thursday as the dollar remained firm and investors were cautious ahead of a US payrolls report that is expected to provide clues on the Federal Reserve’s tapering timeline. Spot …
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‘Intimidating’: Dubai ruler tried to buy 30 million pound estate next to ex-wife
Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum tried to buy one of the most expensive properties for sale in Britain which overlooked his ex-wife’s rural estate, in a “deliberate” act that was …
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Blockchain VC CV VC Begins Dubai Operations
Blockchain venture capitalist CV VC has started its Dubai operations in partnership with DMCC Crypto Centre. CV VC has currently successfully invested in 32 early-stage blockchain startups from around …
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DIFC To Take NFT BAZL Dubai to the Next Level
The latest NFT BAZL exhibition will kickstart Gulf Blockchain Week with a groundbreaking mural at DIFC, NFT-optimized TVs, and smart NFC technology. NFTs are here to stay. That much is clear. Jay-Z …
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Dubai-based Sunset Hospitality could look at future IPO to fund growth
CEO Antonio Gonzalez told Arabian Business the company is looking to open 20 hotels within the next three years …
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UAE central bank issues commemorative coins on Barakah Plant
The Central Bank of the UAE (CBUAE) has issed limited edition commemorative silver coins to mark the inaugural commercial operations of the first Unit of the Barakah Nuclear Energy Plant which …
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