For many, brunch is not simply a meal that you can partake in if you wake up late and miss breakfast, but is still too early for lunch. It is a special meal during weekends that allows people to enjoy great food and amazing beverages, and connect with their fellow diners. And for most people, the perfect brunch is held at restaurants and cafes. However, if you […]
In the battle to be the pre-eminent travel hub in the Middle East, the latest research from ForwardKeys, which has the world’s freshest and most comprehensive fight booking data, reveals that in the first half of 2021, Doha seized and consolidated a lead over Dubai. In the period 1st January to 30th June, the volume of air tickets issued for travel via Doha was 18% higher than it was […]
HONG KONG SAR – Media OutReach – 14 July 2021 – Senior executives from more than 150 local and mainland businesses joined an online forum jointly organized by the Consulate General of the United Arab Emirates (UAE) in Hong Kong and the Chinese General Chamber of Commerce (CGCC) on 12th July to learn and explore business opportunities in the UAE, which has Hong Kong and mainland China […]
There is no shortage of attractions on Yas Island in Abu Dhabi. Aside from being the home to some of the best beach resorts in the UAE, it also houses world-class theme parks, hotels, and exciting adventures you wouldn’t want to miss. Planning to head there soon? Here are the top five answers to some of the most frequently asked questions about Yas Island: 1. Is […]
UAE’s Etihad Airways and EL AL Israel Airlines, the national carrier of Israel, launched their joint codeshare network and reciprocal loyalty agreement for frequent flyers. This builds on the Memorandum of Understanding (MOU) the airlines signed in 2020 following the Abraham Accords signed by the UAE and Israel. Available for sale from today, for flights from 18 July 2021, EL AL will add its ‘LY’ code to […]
Abu Dhabi National Exhibitions Company (ADNEC), part of ADQ, has launched “Tourism 365”. The new company will support in creating experiential travel opportunities for tourists coming to Abu Dhabi, and enhance the emirate’s regional and global positioning in the wider tourism sector. The launch of the company is in line with ADNEC’s new broader role to support the growth of Abu Dhabi as a tourism destination, increasing leisure visitors, […]
Arabian Post Staff The world’s newest anti-viral treatment for COVID-19, Sotrovimab, is now available for early treatment of certain categories COVID-19 patients in the UAE following a landmark agreement between the Abu Dhabi Department of Health, the country’s leading group purchasing organization (GPO) Rafed, and GlaxoSmithKline (GSK). With the arrival of the first shipment yesterday in Abu Dhabi airport, Abu Dhabi become the first location globally to […]
Arabian Post Staff Abu Dhabi Securities Exchange (ADX) has listed 1 billion euros of bonds issued by Emirates Telecommunications Group Company PJSC (Etisalat Group) in two equal tranches maturing in 2028 and 2033. The bonds were more than six times over-subscribed. Etisalat Group’s 500 million euro 7-year notes mature on 17 May 2028 and carry a 0.375% coupon, while the 12-year 500-million-euro tranche matures on 17 May […]
By Saifur Rahman Singapore’s Social Loan Company and Dubai-based Aafaq Islamic Finance announced a partnership to deliver mobile-first loan platform that could democratise and disrupt the US$90.91 billion (Dh333.88 billion) consumer credit market in the UAE. The partnership with The Social Loan Company (TSLC), a Singapore-based AI/ML-powered cutting-edge big data-driven credit enablement platform company, will help Aafaq Islamic Finance to set up a trend-setting non-bank, mobile-first loan platform to […]
Emirates Driving Company PJSC (EDC), a publicly-listed company on the Abu Dhabi Securities Exchange (ADX), announced a 20.39% increase in its net profits to reach AED 126.76 million in 2020, compared to AED 105.29 million recorded in 2019 despite COVID-19 pandemic that affected by businesses and economies across the world. The company’s revenues increased 14.11% to AED 261.44 million in 2020, compared to AED 229.11 million in […]
By Murali Krishnan According to Frost & Sullivan, in the GCC region, UAE, Bahrain and Qatar have mobile subscriber penetration rates of 80% or more, placing them among the highest penetrated markets globally. We estimate that GCC region would have 83% mobile subscribers by 2030 up from 77% in 2018. Further, by 2030, 5G will account for 16% of total connections in these markets. By 2025, 75% […]
Arabian Post Staff SHUAA Capital has led a USD 50 million structured Sukuk for Pure Harvest Smart Farms, the world-leading, sustainable technology-enabled agribusiness based in the UAE. SHUAA also co-invested in Pure Harvest through its managed funds as part of this funding round. SHUAA originated, structured and placed the innovative financing solution, which comprises a USD 50 million 3-year sukuk with embedded warrants. Simultaneously, Pure Harvest has […]
