Mubadala lists dollar, dirham bonds
This is Mubadala's seventh listing of a green debt instrument on ADX.Company News Business
Dubai ups housing loan limit for UAE citizens to $272,000
The ruler of Dubai, and vice president and prime minister of the United Arab Emirates, Sheikh Mohammed bin Rashid Al...The government is also set to allocate thousands of plots of land and housing for Emiratis at a cost of 5.2 billion dirhams
“Today, we approved raising the value of the housing loan for citizens in Dubai to one million dirhams,” Sheikh Mohammed tweeted
Turkish discovery of gas in Black Sea to raise EU production capacity by 25%
Following the discovery of gas by Turkey in the Black Sea, the European Union's gas production capacity is likely to...The natural gas field will provide nearly a third of Turkey’s domestic needs by 2027
The initial production from the new field will be 3.5 billion cubic meters of gas annually starting from 2023
Dubai Customs clears AED948m worth of goods to be exhibited at EXPO
Days before the EXPO2020 kicks off, Dubai Customs has cleared goods worth AED948 million that will be exhibited at the...Exhibitors to obtain permits and licenses can use Dubai Trade Portal
Countries participating in EXPO 2020 are exempted of registration fees, and exhibitors’ documents will have unique codes for preferential and speedy clearance
Dubai Chamber initiative focuses on West Africa
The initiative, called Why Africa, will also look at the region’s key economic indicators and competitive advantages.The initiative, called Why Africa, comprises in-depth analyses conducted by Dubai Chamber
It is based on recent data from UNCTAD, up-to-date insights for prospective investors, and recent trade trends
Shuaa Capital of UAE to hand over $2.7bn London property projects at year’s end
Shuaa Capital, the United Arab Emirates (UAE) based company, has said that it intends to fully complete and deliver the...Shuaa Capital, which has $14 billion in assets under management, said in a statement to the Dubai Financial Market where its stock trades, that Northacre is currently focused on c
Following its merger with Abu Dhabi Financial Group (ADFG) in 2019, Shuaa Capital has expanded its real estate business
EZDubai starts four projects
It already has 1.3 million sq ft developed and handed over.EZDubai was launched in January 2019 by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum
The 9,902,700 square-feet purpose-built ecommerce hub is designed to attract ecommerce companies
Kuwait Fund’s $3.6bn development works earns it gratitude of Egyptian PM
Noting the wide contributions of the Kuwait Fund for Arab Economic Development (KFAED) to his country, the Prime Minister of...The Kuwait Fund was financing $3.6 billion worth of projects in health, transportation, agriculture, electricity, oil, and water
Al-Ghanim will attend inauguration of Bahr Al-Baqar water treatment station
42 foreign tech firms have opened office in Kuwait
The Kuwait Direct Investment Promotion Authority has taken steps that have led to several foreign technological firms opening offices in...Technology is said to be a kay part of the 2035 New Kuwait vision
KDIPA is the government’s arm responsible for promotion for foreign companies
Oman discusses green energy with Belgium
Oman already has a roadmap ready for a green economy, one which it discussed with the UNEP earlier this month.The meeting reviewed aspects of joint cooperation between the two countries and means of enhancing them
The two sides also touched upon means of completing the agreements that boost partnership
ADNOC Drilling IPO raises $1.1bn
The UAE's state oil giant will be listed on ADX on October 3.ADNOC said the offering was oversubscribed 31 times, with significant demand from UAE Retail Investors and Qualified Institutional Investors.
Upon listing on the ADX, ADNOC will continue to own a majority 84 percent stake in the Company.
