Wednesday 17 April 2024 - 10:04:36 PM
Friday، 15 March 2024
Aldar launches ‘Nouran Living’ in Saadiyat Island’s Marina District
Friday، 15 March 2024
Arab Developers records $110.8mln in 2023 contractual sales
Friday، 15 March 2024
UAE signs $5.5bln deal to redevelop a Budapest neighbourhood - Report
Friday، 15 March 2024
Real estate valuation in Ajman worth $195.64mln in February
Thursday، 14 March 2024
Aldar launches ‘Nouran Living’ in Saadiyat Island’s Marina District
Thursday، 14 March 2024
UAE signs $5.5bln deal to redevelop a Budapest neighbourhood - Report
Thursday، 14 March 2024
Dubai’s 3 new master communities set to boost villa, townhouse supply
Thursday، 14 March 2024
Dubai: Golden Visa demand prompts investors to raise budget, developers to increase unit sizes
Thursday، 14 March 2024
Aldar launches ‘Nouran Living’ in Saadiyat Island’s Marina District
Thursday، 14 March 2024
Qatar: Demand for office space in Lusail, West Bay surges

Emirates News

Binghatti’s First Bond Market Debut Soars at Over 200% Subscription

The leading Dubai real estate developer Binghatti, has achieved a significant milestone with the successful launch of its inaugural USD 300 million 3-year Sukuk issuance. Priced competitively at 9.625%, the Sukuk experienced a tightening of approximately 30 basis points, demonstrating strong investor demand and confidence.   This transaction garnered widespread demand from both regional and international investors, with the order book peaking at an impressive 2.1 times subscription. The order book reached excess of USD 600 million, peaking at USD 621 million, underscoring the robust demand for Binghatti’s Sukuk offering.   Ahead of the issuance, Binghatti had met with investors on international roadshows in Asia and the United Kingdom. The order book attracted a.

Binghatti Holding Set to Launch Debut US Dollar Sukuk

Binghatti, a leading Emirati property development company headquartered in Dubai, is preparing to undertake a significant financial milestone with the launch of its inaugural US Dollar Sukuk in the coming days, subject to market condition. This will highlight the company's strategic move towards diversifying its funding base.   Emirates NBD, Dubai Islamic Bank, Abu Dhabi Islamic Bank, HSBC, Mashreq, Sharjah Islamic Bank, and RAKBANK have been appointed as Joint Lead Managers and bookrunners on the contemplated inaugural debt capital markets transaction. The debut US dollar sukuk issuance, anticipated to be of benchmark size, is intended to have a three-year maturity. This initiative further solidifies the company's commitment to exploring innovative avenues for capital raising.

Emirati Family Group in the Process of Selling Luxurious Property Worth AED 250 million on Palm Jumeirah and Considering Two Other Deals

Negotiations are underway by an Emirati family group regarding the sale of a luxurious property worth AED 250 million on Palm Jumeirah Island, while considering two other deals to sell properties in Dubai for AED 985 million. These real estate deals by the Emirati family group come amidst increasing interest from global investors in relocating their headquarters and settling in Dubai due to its advanced infrastructure, logistical services, and the assurance and security it provides for investors at the personal as well as professional level, making it at once a global destination for investment, work, and living. An international entity is negotiating with the Emirati family to purchase a luxurious residential property on Palm Jumeirah, as they seek to own a residence in the vibrant.

Latest News

Ooredoo Kuwait Unveils Exclusive Roaming Packages for Umrah Pilgrims

 April 3rd, 2024- During the peak travel season for visiting Saudi Arabia in the last days of Ramadan and performing Umrah rituals, Ooredoo Kuwait, the country’s leading telecom company in integrated and innovative communication services, has unveiled its new and distinctive offers for comprehensive roaming services dedicated to customers planning to visit the Kingdom in the upcoming period. To ensure that these travelers maintain seamless communication with their loved ones, friends, and families in Kuwait, without concerns about exorbitant roaming charges or service disruptions, Ooredoo presented a special plan for both current postpaid and prepaid customers during Ramadan and Eid Al-Fitr. It's noteworthy that both new and existing customers can seamlessly activate the.
Ooredoo Kuwait Hosts “Hand” And “Kout Bu Sitta” Playoffs in its New Season of Ramadan “Ganjifa” Games
AliExpress Announces Football Stars Salem Al Dawsari and Feras Al Brikan as Brand Ambassadors Ahead of Ramadan

World News

MoHAP launches health awareness campaign for Ramadan themed “Redefine Yourself in Ramadan.”

 The Ministry of Health and Prevention (MoHAP) has launched a comprehensive awareness campaign during the holy month of Ramadan across multiple emirates of the UAE. Themed “Redefine Yourself in Ramadan”, the initiative aims to promote health consciousness among community members and foster awareness of healthy lifestyles. Through the campaign, health consultations will be offered alongside the distribution of educational materials, reinforcing the importance of health and well-being principles. Focused on promoting healthy habits, MoHAP's Ramadan campaign sheds light on the need to adopt balanced diets and engage in physical activity. It revolves around three core themes: "choose, cook, and eat healthy." Moreover, it focuses on various aspects of health, including sleep.

Director-General of Dubai Health Authority Opens The 23rd Edition of Dubai Derma, Largest Scientific Dermatology Conference and Exhibition in the Region

 His Excellency Awadh Seghayer Al Ketbi, Director-General of Dubai Health Authority (DHA), inaugurated the 23rd edition of the Dubai World Dermatology and Laser Conference and Exhibition, Dubai Derma 2024, which has officially commenced its annual three-day event at the Dubai World Trade Centre. The largest scientific dermatology event in the Middle East, North Africa, and the Indian Subcontinent region gathers the most prominent dermatology specialists, industry leaders, and key decision-makers from the region and across the world.H.E. Awadh Seghayer Al Ketbi toured the exhibition halls to examine the latest developments and technologies in the field of dermatology and laser treatments.During his tour, H.E. Awadh Seghayer Al Ketbi, Director-General of Dubai Health Authority (DHA),.

City Centre Al Zahia Restores Smiles of Children in the UAE

 City Centre Al Zahia, the premier shopping, entertainment, and lifestyle destination in Sharjah, in collaboration with Operation Smile foundation, has given life-changing smiles to dozens of children with cleft lips and cleft palates in the UAE through free surgeries. Funds for the surgeries were raised during City Centre Al Zahia’s ‘Smiley Summer Campaign’, which was inspired by Sharjah’s simple but powerful slogan “Smile, you are in Sharjah”, complimented by fun ‘smiley activation’ experiences in the mall. For each visitor who experienced the activation at City Centre Al Zahia, the mall donated AED 10 to Operation Smile, a charity that works to repair children’s cleft lips and cleft palates, contributing to a more confident.