The success stories of SMEs in the UAE, which make up 94% of all registered companies in the country, are a part of the nation’s overall economic success. However, the restrictions of the COVID-19 ... ( read original story ...)
Dubai Aerospace Enterprise Orders 15 Boeing 737 MAX Jets
BA] and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order ... ( read original story ...)
Abu Dhabi’s TAQA gives initial guidance for dollar bonds – document
It gave initial guidance of around 110 basis points over U.S. Treasuries for a seven-year tranche and around 3.75% for a 30-year Formosa portion ... ( read original story ...)
UAE’s Emirates Islamic Bank post 37% rise in Q1 net profit
UAE-based lender Emirates Islamic Bank has posted a Q1 2021 net profit of Dhs212m, up 37 per cent year-on-year from the corresponding period last year, due to lower costs and lower impairment ... ( read original story ...)
Pakistan gets US$ 2 billion roll-over from UAE
Pronouncing the United Arab Emirates’ (UAE) decision to roll-over the US$ 2 billion deposit by the Abu Dhabi Fund, the UAE Foreign Minister His Highness Sheikh Abdullah bin Zayed Al Nahyan has ... ( read original story ...)
Qureshi, UAE FM agree to strengthen cooperation in diverse areas
Foreign Minister Shah Mahmood Qureshi and foreign Minister of United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan have reaffirmed their desire to further strengthen cordial relations between ... ( read original story ...)
Paskistan, UAE agree to strengthen trade relations
Paskistan and United Arab Emrites have agreed to exchange business delegations to promote bilateral trade and economic cooperation in different fields. The agreement was reached in a meeting between ... ( read original story ...)
Dubai apartment rents down 18.4% in the first quarter of 2021
Housing costs in Dubai continued their downtrend in the first three months of the year, with overall residential rents falling by an average of 11 percent compared to last year, data from real estate ... ( read original story ...)
Dubai CommerCity launches 1st phase of new facilities
Dubai CommerCity (DCC), the first dedicated e-commerce free zone in the Middle East, North Africa and South Asia (Menasa) regions, has launched 470,000 sq ft of new facilities as part of its first ... ( read original story ...)
UAE Trade Connect’s digital trade platform goes live with 7 banks
One of the first commercialised blockchain applications in the country, the platform will create an ecosystem for multiple trade-related entities ... ( read original story ...)