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Posted on 03/09/2020

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

Abu Dhabi has completed a $5 billion multi-tranche bond offering, the longest term for a bond issued by a GCC sovereign issuer, which underscores Abu Dhabi’s robust credit fundamentals and the …
( read original story …)


Posted on 03/09/2020

Russia resumes international flights with Egypt, UAE and Maldives

Russia has resumed international flights with Egypt, the United Arab Emirates and the Maldives, a government order published on Thursday showed.
( read original story …)


Posted on 03/09/2020

Abu Dhabi promises to maintain ‘COVID-free sanctuary’ for tourism events

Abu Dhabi (DCT Abu Dhabi) have promised organisers will maintain the capital’s ‘COVID-free sanctuary’ during tourism events. The city’s ‘safe zone’ concept was first used during the five-week UFC …
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Posted on 03/09/2020

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

Abu Dhabi has issued a $5bn multi-tranche bond on September 2, in a sign of its interminable commitment to fiscal sustainability. The issuance comprises of three tranches: a $2bn, 3-year tranche …
( read original story …)


Posted on 03/09/2020

735 new cases, Dubai retirement visas, Abu Dhabi bond sale – The Daily Update

In the US, states are told to prepare for a vaccine two days before the national elections. Dubai is offering retirement visas, Abu Dhabi completes $5 billion bond offering, and, in Iraq, Macron …
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Posted on 03/09/2020

EWEC announces 93% availability ratio as Noor Abu Dhabi completes full year of commercial operations

ABU DHABI – The Emirates Water and Electricity Company, EWEC, a leading company in the coordination of planning, purchasing and providing of water and electricity across the UAE, announced a …
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Posted on 03/09/2020

With The Creation Of The Restaurants Business Group, Dubai Chamber Steps 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 …
( read original story …)


Posted on 03/09/2020

Must Read: Dubai property virtually snapped up by foreign buyers

Clients are buying properties from overseas virtually without even seeing the property physically or signing contracts in person.
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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 …
( read original story …)


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 …
( read original story …)


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

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

The bond issue was nearly five times oversubscribed and the three-year note was priced at the lowest rate for a Gulf sovereign …
( read original story …)


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 …
( read original story …)


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