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Economic Development launches Sharjah Industrial Investment Brochure in Indian and Chinese

Sharjah 30-09-2019 The Department of Economic Development (DED) has issued the Sharjah Industrial Investment Booklet in both Indian and Chinese languages ​​to provide a set of services and procedures in the Department. His Excellency Sultan Abdullah bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department, stressed the importance of …

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DAE signs $ 300 million unsecured financing deal

Dubai 30-09-2019 Dubai Aerospace Enterprise (DAE) today signed a $ 300 million 7-year unsecured financing deal with six banks. ADCB acted as the guarantor, lead arranger and bookrunner. Fairuz Tarapur, chief executive of Dubai Aerospace Enterprise, said the financing deal, led and arranged by Abu Dhabi Commercial Bank, would raise …

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RAKBANK and Dubai Festivals and Retail Partnership

RAK 30 -09-2019 / WAM RAKBANK and Dubai Festivals and Retail Corporation (RFCF) have signed a multi-year strategic partnership agreement that will enable RAKBANK to be the exclusive banking partner for the RTA’s retail calendar. The partnership gives RAKBANK the rights of the ‘Main Sponsor’ of events organized by Dubai …

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US stocks open higher, supported by Apple

NEW YORK 30 -09-2019 \ SPA US stocks opened higher on Thursday, boosted by Apple, as investors shrugged off reports last week that Washington was considering a deregulation of Chinese companies. The Dow Jones industrial average was up 32.08 points, or 0.12 percent, at 26,852.33. The Standard & Poor’s 500 …

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Emirates operates its Airbus A380 to Cairo for the first time

Dubai 29-09-2019 Emirates has announced that it will operate its Airbus A380 to Cairo International Airport on Wednesday, October 2, making Emirates the first airline to operate this aircraft on a regular flight to Egypt. Emirates intends to use the double-decker aircraft to serve its regular flights to Cairo, confirming …

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Dubai Hosts Solar Asset Management Conference

Dubai 29-09-2019 Dubai will host the Solar Asset Management (MENA) Middle East and North Africa (MENA) Solar Asset Management Conference, the largest gathering of solar stakeholders, to be held on November 17-18 at the Renaissance Downtown Hotel in Dubai. The Middle East Solar Industry Association has estimated the value of …

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