Wethaq Launches First ’Fintech’ Sukuk On Its Market Infrastructure Using SWIFT GPI Link (19 November 2019)
Today, Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision of the Dubai Financial Services Authority.
49 Emirati Artists Begin Work On UAE Logo (19 November 2019)
Forty-nine artists yesterday began their mission to design the UAE Nation Brand logo that will represent the country and share its success story with the world.
Dubai Islamic Bank Closes Landmark $750 Million Sukuk (19 November 2019)
Dubai Islamic Bank PJSC, DIB, successfully closed a US$%750 million 5-year Sukuk with a profit rate of 2.950 percent per annum, which is equivalent to 140bps over the 5-year Mid Swap Rate.
H.E. Al Ghurair: Dubai’s Non-Oil Trade With Africa To Exceed AED 1 Trillion By End Of 2019 (18 November 2019)
Dubai’s non-oil trade with Africa will exceed AED 1 trillion for the period extending from 2011 until the end of 2019, asserted His Excellency Majid Saif Al Ghurair.
High-Performance Car Maker W Motors Joins Nasdaq Dubai To Accelerate Its Expansion (18 November 2019)
Dubai-based W Motors today teamed up with Nasdaq Dubai, as the first manufacturer of high-performance luxury Hypercars in the Middle East gears up for new expansion.
Noor Bank Raises AED646 Million For Rasmala Long Income Fund (18 November 2019)
The Fund provides wide exposure to a portfolio of long-lease properties, aiming to generate regular income whilst preserving capital over time.
RTA, Majid Al-Futtaim Renew ’Naming Rights’ Of Mall Of The Emirates And City Centre Deira Metro Stations (18 November 2019)
Roads and Transport Authority (RTA) and Majid Al-Futtaim (MAF) Group recently renewed their partnership for the naming rights of Mall of the Emirates and Deira City Centre Metro Stations.
PepsiCo Launches Live On Platform In UAE To Reduce Use Of Plastic (18 November 2019)
Under the auspices of Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, PepsiCo, has announced the launch of Live On, its newly created sustainability platform for the UAE, and the Middle East and North Africa region, MENA.
Dubai Future Accelerators To Pick New Cohort Of Innovative Startups To Address Global Challenges (18 November 2019)
Dubai Future Accelerators (DFA), an initiative of Dubai Future Foundation (DFF) and the Government of Dubai, is once again scouting new talent from among the world’s most innovative start-ups and scale-ups to join its flagship program.
World’s First Electric Race Plane Unveiled At Dubai Airshow (18 November 2019)
The world’s first electric race plane has been unveiled on day one at the Dubai Airshow, showcasing custom modified technology built by one of the racing teams set to take part in the inaugural Air Race E event next year.
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