The Emirate of Sharjah has given initial price guidance of around 3.5% for an issuance of 10-year U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Tuesday.
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The Engine Behind Nasdaq Dubai’s New Growth Market: A Guide For Dubai’s SME Sector
The benefits of listing include a reduced dependence on bank funding, a higher degree of diversification of investors, easier access to additional equity capital and debt finance, and a higher public …
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Covid in UAE: Abu Dhabi updates home quarantine rules
Abu Dhabi Emergency, Crisis and Disasters Committee, in collaboration with Abu Dhabi Public Health Center, has updated the home quarantine guidelines for those in contact with a positive case, to …
Covid-19: Abu Dhabi updates home quarantine protocols
Those in contact with a positive case and registered in the home quarantine programme can conduct a free walk-in PCR test and remove the wristband at designated healthcare locations.
COVID-19: New home quarantine rules announced in Abu Dhabi
Vaccinated people in touch with positive case must be home for 7 days, take test on day 6 Abu Dhabi: The Abu Dhabi Emergency, Crisis and Disasters Committee, in collaboration with Abu Dhabi Public …
UAE resident loses Dh75,000 in exchange for fake dollars in Dubai
Victim was lured by post on Instagram about selling and buying of dollars Dubai: Two people have been accused of exchanging fake dollars to dupe a Dubai resident out of Dh75,000. The Dubai Court of …
Business Bay reports 17,893 operating companies in 2021 – Dubai Economy
A report by the Business Registration and Licencing (BRL) sector of Dubai Economy shows that the number of operating businesses in Business Bay has reached 17,893. Of these, 69 per cent, or 12,352, …
The Department of Economic Development in Dubai honors Eros Group for Excellence in Customer Service
Most recently, and more importantly, the Awards have been instrumental in enabling businesses to adopt to disruptive changes and sustain growth post COVID …
Explained: What UAE’s Hope orbiter tells us about discrete auroras on Mars
The Hope Probe, the Arab world’s first mission to Mars, took off from Earth in July last year, and has been orbiting the Red Planet since February. The primary objective of the mission is to study …
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HMS Networks acquires a majority of Owasys Advanced Wireless Devices
S Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ), has on July 1st, 2021 acquired 60% of all shares in the Spanish company …
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Sharjah returns to debt markets with dollar sukuk offering
DUBAI – The Emirate of Sharjah has hired banks to arrange an issuance of 10-year U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Monday, the latest Gulf sovereign to tap the …
British influencer flees Dubai after claims she was soliciting for sex
A British influencer caught up in a sex work probe by police has vowed to fight to clear her name as her grandmother insists: “She’s done nothing wrong.” …
Wyoming is the first US state to approve a DAO, consolidating its crypto-friendly reputation
Wyoming has legalized a decentralized autonomous organisation (DAO) with effect from July 1, marking another in a series of crypto friendly steps.
Bitcoin price – live: Crypto market whales ‘aggressively’ buy btc in bullish signal
Bitcoin remains in a period of consolidation at the start of the week, with the price staying within the $33,000 to $36,000 range since the beginning of July.The cryptocurrency dropped in value by …
Oil and Dollars: Why the UAE Is Risking a Fallout With OPEC+
The OPEC+ oil cartel is facing its biggest crisis since a price war at the start of the coronavirus pandemic.The United Arab Emirates, the group’s fourth-biggest producer, argued against a deal …
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Analysis-OPEC Disagreement Lays Bare Growing UAE-Saudi Economic Rivalry
Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry between the two largest Arab economies which only looks set to …
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OPEC+ abandons oil policy meeting after Saudi-UAE clash
By Rania El Gamal, Ahmad Ghaddar and Alex Lawler DUBAI (Reuters) -OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates rejected a proposed eight …
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