Emirates Development Bank (EDB) on Saturday introduced that it raised $750 million (Dh2.75 billion) via five-year bonds at 3.516 percentage coupon rate and became strongly oversubscribed.
The UAE government-owned lender, which has been rated AA- via Fitch, is the primary federal entity inside the UAE to tap capital markets after the creation of recent debt law issued closing yr.
In the fiftieth and closing bankruptcy of his present-day e-book, Qissati, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and top Minister of the UAE and Ruler of Dubai, lists out 10 critical rules for management.
I obtained this message on Twitter: "Your Highness, if you have been to put in writing the ten commandments of government administration addressed to a pro
Inside the forty-eighth bankruptcy of his latest e-book, Qissati, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, talks about his tries to herald alternate after he took over because of the high Minister of the UAE.
I've been part of Dubai's government due to the fact that 1968, and on December 2, 1971, I also became p
The UAE crucial bank's ruling to have Emirates identification information of all resident banking customers updated will make a contribution to imposing first-class practice KYC (know your customer) inside the financial region and in assisting banks have standardized and cutting-edge identification documentation for their clients, he brought.
By way of the give up of December 2018, ther
The country's fuel price committee published on Wednesday, after four months of lifting prices, now in UAE are set to petrol prices increase in March.
From March 1, the price of the Super 98 will be 9 fils up at Dh2.04 a liter from Dh 1.95 at present. Special 95 will rise 8 fils to Dh 1.92 from Dh 1.84, meanwhile, the price of diesel will rise 13 fils to Dh 2.41 from Dh2.28.
In a pass with a view to benefit hundreds of thousands of UAE drivers, Dubai's Roads and Transport Authority (RTA) on Sunday introduced that drivers of motors registered in different Emirates, as well as GCC International Locations, can now pay their parking fare without delay vis SMS without registering for the service.
Drivers can even get an SMS alert in case they ship an SMS at some
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In the coming days, the natives of the UAE can say goodbye to the winter season and rain as temperature supposed to lightly rise.
In the next three days, the temperature may be a rise up to 29 degree Celsius and from the Saturday the temperature could be 30 degree Celsius according to the meteorologist at the National Centre of Meteorology(NCM) fortified the temperature.
In the latest book of Sheikh Muhammad bin Rashid Al Maktoum, vice president and prime minister of the UAE and a ruler of Dubai, Qissati. he talks about his two major dreams about Emirates airlines and Jebel Ali Freezone in 38 chapters. the British Engineer Neville Alan, in 1958 came to Dubai, make awake up call in 1970 and convey that the ruler wants to meet him in Jebel Ali.
He found R
Emirates NBD on Sunday said it has been situated as the UAE’s most appreciated banking brand with a $4.04 billion assessment in the annual brand valuation union table which is Dubai-based.
The creditors also protected and advertisement between the top 100 global banking brands and were graded second in the Middle East and Africa region. Emirates NBD was ranked 76th worldwide on th