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October 10, 2024

UAE leaders congratulate President of Fiji on National Day

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Wiliame Katonivere of Fiji on the occasion of his country’s National Day.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Min…

Dubai Islamic Bank issues $500 million Additional Tier 1 Sukuk

Dubai Islamic Bank (DIB) successfully issued a US$500 million Additional Tier 1 Sukuk with a profit rate of 5.25 percent per annum.

The Basel III-compliant Sukuk will strengthen DIB’s capital adequacy ratio and optimise its balance sheet.

DIB’s broa…

KPC: Kuwait oil price down USD 1.50 to USD 77.62 pb

Price of Kuwaiti oil dropped USD 1.50 to settle on USD 77.62 per barrel on Wednesday compared to USD 79.12 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.

Globally, price of Brent crude dropped by 60 cents to USD 78.58 pb, while W…

US calls for free, fair elections in Iraq’s Kurdistan

The US Department of State voiced hope that the political parties in Kurdistan region, north Iraq, will ensure free, fair and transparent elections in the coming 10 days.

“We support all efforts to ensure they are free, fair, and transparent and occu…

Dubai to host EMEA Stakeholder Conference 2024 in November

The EMEA Stakeholder Conference is set to take place between 5th and 7th November 2024 at Lapita Dubai Parks and Resorts Autograph Collection.

This invitation-only event, organised by Hospitality Network, brings together over 700 of the most influent…