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‘UAE initiatives encourage youth to play a part in nation’s progress’

    Riyadh / Emirates Business “The UAE’s initiatives encourage young people to play a part in their country’s development and the progress of the entire region,” noted Her Excellency Noura bint Mohammed Al Kaabi, UAE Minister of State for Federal National Council Affairs, as she addressed the UNESCO NGO Forum in Riyadh, Saudi Arabia. Taking part in a panel ...

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Safe business environment tops UAE economic priorities

  RIYADH / WAM Protection of consumer rights and ensuring a safe and secure business environment come on top of UAE’s economic priorities where specific legal provisions have been introduced and legal entities assigned to ensure consumer confidence, a UAE Ministry of Economy official has stated. “Providing a consumer-friendly environment is a significant economic enabler which reflects positively on the ...

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Damac Properties marks listing of $500mn Sukuk

  DUBAI / WAM Hussain Sajwani, Chairman of Damac Properties, rang the market opening bell to celebrate the listing of $500 million Sukuk, issued by Damac Real Estate Development Limited (DRED) on Nasdaq Dubai. DRED is a wholly owned subsidiary of Damac Properties PJSC. The listing on the region’s international exchange supports Damac Properties’ capital-raising initiative as it pursues its property ...

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