Dubai Duty Free recalls 900 laid-off workers; plans to continue rehiring
More employees expected to rejoin as rehiring done in batches
ZAWYA - 24-Nov-2021
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Dubai unveils new incentives to stimulate IPOs, stock market listings
Programme targets companies in lucrative sectors such as technology, pharmaceutical
ZAWYA - 17-Nov-2021 -
Emirates Islamic rings market-opening bell to celebrate listing of $500mln sukuk on Nasdaq Dubai
The 5 years’ benchmark issuance rated A+ by Fitch Ratings was priced at 2.082% and was 2.4 times oversubscribed
WAM (Emirates News Agency) - 16-Nov-2021 -
DFM launches incentives for private businesses' IPOs across key growth sectors
A three years' waiver on listing fees, AGM fees and dividend distribution fees
Press Release - 16-Nov-2021 -
Emirates Islamic rings market-opening bell to celebrate listing of US$ 500mln Sukuk on Nasdaq Dubai
Issuance's 2.4 times oversubscription underlines investors' confidence in EI's sound fundamentals and prospects
Press Release - 16-Nov-2021 -
Dubai International airport raises 2021 forecast to 28.7mln
20.7mln passed through airport this year; DXB to return to 100% capacity this month
ZAWYA - 15-Nov-2021 -
Emirates Islamic successfully closes US$ 500mln Sukuk issuance
The landmark issuance, rated A+ by Fitch, is listed on NASDAQ Dubai and Euronext Dublin's Regulated Market. Investors showed strong appetite which resulted in an order book that peaked at USD$ 1.2 billion, which was 2.4 times the issuance size
Press Release - 14-Nov-2021 -
Emirates Islamic closes $500mln sukuk issuance
Strong demand allowed the institution to tighten spread to 2.082%
ZAWYA - 14-Nov-2021 -
Equitativa announces Emirates REIT's Q3 2021 results
Highlighting improved financial performance and continued positive momentum in Dubai commercial property market
Press Release - 10-Nov-2021 -
marhaba enhances Dubai offering to meet increased traveller demand
as brand turns 30marhaba slashes 30% off* lounge services in Dubai in November
Press Release - 09-Nov-2021 -
Former Nasdaq exec named CEO of Dubai Financial Market
New appointment part of efforts to 'empower new leaders'
ZAWYA - 09-Nov-2021 -
Hamed Ahmed Ali appointed as Chief Executive Officer- Dubai Financial Market
Played a key role in the development of the Dubai Strategic Plan 2015 and participated in various strategic initiatives
Press Release - 08-Nov-2021 -
UAE regulators and exchanges issue High-Level Statement on Sustainable Finance to advance national net-zero goal
Leading UAE regulators and exchanges, including MoE, MoF, the OSECC, MOCCAE, CBUAE, SCA, ADGM, DFSA, ADX, DFM, and Nasdaq Dubai, set out roadmap for sustainable finance growth
Press Release - 05-Nov-2021 -
Dubai plans to increase stock market size by listing 10 state-owned firms
Dubai seeks to expand financial market's volume to $816bln
ZAWYA - 02-Nov-2021 -
Knowledgenet launches the 20th version of Tradenet's cutting-edge platform
It includes a comprehensive portfolio of investment management solutions designed to revitalize the investment business
Press Release - 31-Oct-2021 -
Nasdaq Dubai welcomes listing of $1.7bln sukuk by Islamic Development Bank
The listing strengthens the IsDB’s position as the largest supranational Sukuk issuer on Nasdaq Dubai with a total value of $18.8bln through 13 issuances listed on the exchange since 2016
WAM (Emirates News Agency) - 26-Oct-2021 -
Islamic Development Bank rings Nasdaq Dubai's market-opening bell to celebrate US$1.7bln Sukuk listing
The issuance reinforces the Bank's position on top of Nasdaq Dubai's supranational Sukuk issuers
Press Release - 26-Oct-2021 -
Unprecedented demand for the UAE's multi-tranche sovereign bond package
The announcement was made during a virtual media briefing held by the Ministry of Finance, where His Excellency Younis Haji Al Khoori, Undersecretary of Ministry of Finance previewed the results of the subscription to the country's sovereign bonds
Press Release - 13-Oct-2021 -
Equitativa group enters into strategic partnership with stern resources to develop REIT in Indonesia
It has entered into a joint venture with Stern Resources Inc, a New York based investment holding company
Press Release - 04-Oct-2021 -
Hikma to organise medical symposium to raise awareness on asthma and available treatments in the UAE
The new treatment will be unveiled at a launch symposium to be organised by Hikma on Friday, 1 October, in the presence of Dr. Bassam Mahboub, Consultant Pulmonologist & Head of Pulmonary Medicine, Dubai Health Authority
Press Release - 30-Sep-2021 -
Emirates to restart flights to London Gatwick with daily service in December
By the end of December, the airline will offer 84 weekly flights to the UK
Press Release - 28-Sep-2021 -
Dubai is at the frontier of leading financial markets, study by Dubai Competitiveness Office shows
Regulatory reforms, partnerships and futuristic initiatives have enabled Dubai to evolve a competitive financial market ecosystem
Press Release - 22-Sep-2021 -
Adidas opens new store at Dubai International Airport (DXB)
The store also includes special product offerings and travel necessities including headphones and mobile covers as well as apparel made exclusively for the city of Dubai, including customized Dubai t-shirts
Press Release - 20-Sep-2021 -
Flydubai expands its operations to Romania
Flydubai operates a daily service between DXB and Bucharest Henri Coanda International Airport
WAM (Emirates News Agency) - 19-Sep-2021 -
flydubai expands its operations to Romania with the launch of flights to Cluj-Napoca
flydubai launches flights to Cluj-Napoca, its second destination in Romania, from 03 November
Press Release - 19-Sep-2021 -
ENBD REIT announces that it is considering the strategic disposal of a real estate asset
Update regarding announcement dated 30th May 2021
Press Release - 02-Sep-2021 -
DIFC arbitration centre awards in favour of Emirates REIT in Jebel Ali School rent dispute
The real estate investment trust (REIT) said in June that had agreed on a partial payment of the outstanding $19mln
ZAWYA - 01-Sep-2021 -
Mideast Stocks: Factors to watch on September 1
Asian shares down on slow-growth fear; dollar stays near three-week low
Reuters News - 01-Sep-2021 -
Dubai property market shows 'steady improvement' - Emirates REIT
Real estate investment trust's H1 results show a profit of $13.9mln
ZAWYA - 29-Aug-2021 -
Egypt's Orascom Construction eyes new project awards in Egypt in H2
Construction giant's Q2 net profit more than doubled to $23.8mln
ZAWYA - 29-Aug-2021 -
Emirates resumes flights to Newcastle and boosts services across Europe
With clear signals that passenger confidence for international travel is returning, the airline is advancing its plans to increase services and capacity to make it easier for its customers to connect to and from its extensive European network via Dubai
Press Release - 24-Aug-2021 -
DP World H1 profit jumps 52%; says near-term outlook remains positive
Port operator says capital recycling program is well on track
ZAWYA - 19-Aug-2021 -
Emirates Group Security signs MoA with Dubai Airports for safety training
Under the agreement, both organisations will mobilise their resources, expertise and facilities to ensure operations at Dubai Airports continue to be secure, safe, and world-class
WAM (Emirates News Agency) - 17-Aug-2021 -
2021 outlook 'very promising' as passengers return: Dubai Airports CEO
Over the next several days, traffic will expand to more than a million, with daily peaks averaging 100,000 flyers during weekends
ZAWYA - 11-Aug-2021 -
Dubai Airports expects rebound in air traffic during H2 2021
DXB recorded a total of 99,392 flight movements during the first half
WAM (Emirates News Agency) - 11-Aug-2021 -
Dubai Airports expects a strong second half after DXB's H1 passenger traffic reaches 10.6 million
Major international events and easing of restrictions on inbound travel further boost outlook for 2021
Press Release - 11-Aug-2021 -
More than 1mln to travel through Dubai International over next 11 days
Dubai Airports says it's bracing for 'exceptionally busy weekends'
ZAWYA - 10-Aug-2021 -
Hikma delivers another strong financial and operational performance, and improves FY outlook for Generics
The breadth of Hikma's portfolio and our flexible manufacturing facilities have enabled us to respond quickly to evolving demand since the beginning of the pandemic
Press Release - 08-Aug-2021 -
Hikma delivers another strong financial and operational performance
Improves FY outlook for Generics
Press Release - 06-Aug-2021 -
DP World's growth rates to moderate in H2; mindful of economy disruptions - CEO
Dubai port operator reports over 17% growth in container volumes
ZAWYA - 28-Jul-2021 -
Dubai's DP World makes $890mln offer for South Africa's Imperial Logistics
The buy allows port operator strong inroads into African markets
ZAWYA - 08-Jul-2021 -
Nasdaq Dubai welcomes listing of $750mln bond listing by Emirates Development Bank
Programme will be fundamental to support individuals, SMEs, and corporates across priority industrial sectors in the UAE
WAM (Emirates News Agency) - 06-Jul-2021 -
Emirates re-opens dedicated First Class Lounge at Dubai International
Emirates will also continue to operate its Business Class Lounge in Concourse B
WAM (Emirates News Agency) - 05-Jul-2021 -
dnata gears up for busy summer months at DXB
Enhanced safety measures ensure smooth journey for travellers
Press Release - 04-Jul-2021 -
Saudi Arabia's PIF considers buying Dubai interior design firm Depa, sources say
Should a deal be reached, an offer would be made to Depa's biggest shareholders and the firm would be taken private, said one of the sources
Reuters News - 30-Jun-2021 -
Kuwait's Ahli United Bank rings Nasdaq Dubai bell to celebrate listing of US$ 600 million Sukuk
The successful listing of AUB's Sukuk underlines the close ties between the capital markets in Kuwait and the UAE
Press Release - 29-Jun-2021 -
Dentons advises Ahli United Bank K.S.C.P. on their US$600 million Tier 1 sukuk issuance and the tender offer for their US$200 million capital certificates
AUBK was assigned long credit term ratings of A2 (stable outlook) by Moody's, A+ (negative outlook) by Fitch and A+ (stable outlook) by Capital Intelligence Ratings
Press Release - 28-Jun-2021 -
Mideast Stocks: Factors to watch on June 24
Asian shares tread water, markets eye U.S. inflation signals
Reuters News - 24-Jun-2021 -
Bitcoin Fund makes Nasdaq Dubai debut in first for Middle East
The listing will help satisfy demand for investment diversification in the region
Reuters News - 23-Jun-2021 -
The Bitcoin Fund: Nasdaq Dubai lists MENA's first digital asset-based fund
The fund was listed by 3iQ, Canada's largest digital asset investment fund manager
ZAWYA - 23-Jun-2021