Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been recognised by the prestigious Euromoney Islamic Finance Awards 2024, and was awarded ‘Most …
First Abu Dhabi Bank gives initial guidance for $750m debt sale
It gave initial guidance of about 185 basis points over US Treasuries for a 10.5-year debt transaction, non-callable for 5.5 years: Document …
UAE’s Muwafaq tax package for SMEs crosses 54,000 registered users
This could involve forging partnerships with leading local and international institutions across various sectors, including trade, banking, and digital services. “The UAE leadership and government …
Low salary, rising cost of living: Nearly 7 out of 10 UAE employees looking to switch jobs
More than two-thirds – 67 per cent – of employees in the UAE are seeking an immediate job switch, indicating a surge in job mobility and a willingness to explore new career paths, according to a new …
UAE stock markets show mixed performance on Monday
UAE: The main index of Dubai Financial Market (DFM) closed Monday’s trading session higher by 11.72 points (0.28%) at 4,081.96 points. A total of 178.01 million shares were exchanged during the …
UAE participates in 3rd G20 Sherpas Meeting
The United Arab Emirates participated in the 3rd Sherpas meeting of the Group of 20 G20 held in Rio de JaneiroSaleh Al Suwaidi UAE Ambassad …
Aafaq Islamic Finance partners with DLD
Aafaq Islamic Finance has entered into a strategic partnership with the Dubai Land Department (DLD) through the signing of a Memorandum of Understanding (MoU).
UAE: Ajman Bank partners with Positive Zero to cut energy costs, carbon footprint
AJMAN – Ajman Bank has announced a new contract with Positive Zero, that will enable huge cost and carbon footprint savings.
First Abu Dhabi Bank appoints Dr Salim Al-Ali as chairman of internal Shari’ah supervision committee
Dr Al-Ali replaces Dr Mohd Daud Bakar, who has served as the Chairman of the ISSC for the past decade. Under Dr Bakar’s stewardship, FAB Islamic has grown substantially and strengthened its reputation …
Dubai real estate sector recorded $3.9bn of transactions last week, including two Palm Jumeirah apartments sold for over $20m each
The Dubai real estate sector saw $3.9bn of transactions last week, with two luxury apartments in Palm Jumeirah sold for $20m each …
UAE to ink contracts with Japan to boost two-sided trade, enhance partnerships
During a recent visit by a UAE delegation led by Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, to Tokyo, the UAE and Japan solid …
Eximbank to finance $150m for UAE solar power project
The state-run Export-Import Bank of Korea said Monday that it will provide $150 million in project financing for a major solar power generation project in the United Arab Emirates, the first of such …
UAE: DEWA attracts projects worth AED 43.6 billion through IPWP model over 10 years
Dubai provides an ideal business environment for investors. According to the Financial Times Ltd’s “fDi Markets” data, Dubai has maintained its position as the world’s leading hub for foreign direct …
UAE’s Alpha Data Plans $200 Million IPO on ADX
Also, ADX witnessed the IPO of the edtech firm Alef Education. On May 9 th, Dubai Financial Market (DFM) witnessed the listing of Spinneys. Spinneys’ IPO attracted interest from international and …
UAE: A Premier Destination for Tourism and Investment
The United Arab Emirates, with its luxurious lifestyle, pioneering architecture, and dynamic economic scene, has cemented itself as a global center for tourism and financial activity.This federation o …
Dubai to Host 10th World Green Economy Summit in October
Vice Chairman of the Dubai Supreme Council of Energy, MD & CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer, and Chairman of the World Green Economy Organisation (WGEO), …
Eric Trump says he is pursuing more Gulf deals as his father seeks re-election
Ambition for family business raises concerns about potential conflicts of interest if ex-president regains office …