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Thursday, 10 June 2021

Proposed Damac delisting would be 'credit neutral', says S&P

Ratings agency says proposed change in financial policy of the residential real estate developer...
Ultra-luxury Dubai property deals jump to $68m during Q1
Luxhabitat Sotheby's says the total deals in Q1 are nearly double that seen in the first half of...
Middle East airlines see 82.8% slump in passenger demand in April
IATA lays bare the ongoing struggles of Middle East airlines to cope with the impact of the...

Jazeera set to launch Heathrow flights despite Kuwait's amber list status

Airline to become the first low-cost carrier in the Middle East to operate direct flights to...
Why shopping malls in the UAE are becoming the new working space
Launched last year in Yas Mall, CLOUD Spaces already has over 300 registered clients, with...
Fast-food restaurant apps go head to head with food aggregators
Fast-food restaurants are predicted to see three-fold growth in their customer reach penetration...

UAE-based start-up Trukkin completes $6.9m Series A fund-raising round

Trukkin has grown threefold since the onset of the pandemic and now serves 12 countries across...
Emirates NBD hails $750m bond listing amid UAE economic recovery
Bank says issuance was 2.3 times oversubscribed with a strong demand from the Middle East region
Abu Dhabi's ADIA is said to invest $1 billion in Medline buyout
The biggest sovereign wealth fund of Abu Dhabi will back the takeover of Medline by Blackstone...

Hub71 and ADIO ink partnership to support early stage start-ups

The start-up incubator Hub71 has signed over 100 start-ups to its program, and it has raised more...
Buy now, pay later service Spotii teams up with Palazzo Versace Dubai
Buy now, pay later services have surged in popularity during the pandemic as many faced financial...
Lebanon grants limited access to bank deposits amid crisis
Move comes nearly 20 months after banks denied them access as a result of the crippling financial...
Videos

Video: Expert tips on how to reap mental health benefits of exercise

Movement helps us feel healthier and happier and has a positive impact on our mental wellbeing,...
Editor's Choice

Dubai billionaire Sajwani's Maple Invest Co makes $599m conditional offer on Damac shares

Sajwani has resigned as chairman of Damac Properties and made an initial offer to buy the company...
Qatar Airways halts A350 jet deliveries, blames surface faults
Paint on some of the twin-aisle planes 'has been degrading at an accelerated rate,' the Gulf...
Aramco starts debut sale of dollar-denominated Islamic bonds
State-controlled oil giant is raising cash to help finance its plans to pay out $75bn in dividends
Opinion

A city for our generation: How Dubai serves as a lifebuoy

Dubai's ability to open safely to tourists and new residents during the pandemic has meant the...
Red list blues: Why UK Government restrictions are putting British businesses at a disadvantage
Although all commentators suggest that the red list status will change over the summer months,...
How to create a much-needed balance in today's world
Only by introducing balance can we bring peace, happiness, love, smiles, and prosperity worldwide
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