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Dubai enables investors to start business from remote locations

DUBAI / WAM In another first, investors globally will now be able to start their business in Dubai without having to be in the UAE, following an agreement between the Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), in Dubai, and the US-based Alliance Business Centres Network (ABCN). The partnership will enable investors ...

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Aldar completes refinancing with $500mn sukuk

ABU DHABI / WAM Aldar Properties on Wednesday announced that its 100% owned subsidiary Aldar Investments has successfully issued its debut fixed rate US dollar denominated sukuk, with a tenor of 7 years, raising a total of $500 million. Aldar Investments is the region’s largest diversified real estate investment company. The new issuance demonstrates Aldar Investments’ ability to raise efficient ...

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FANR inks deal with France to help in capacity building

VIENNA / WAM The UAE’s Federal Authority for Nuclear Regulation (FANR), has signed three Memoranda of Understanding on cooperation, exchange of technical information, capacity building, research and development. The three MoUs were signed on the sidelines of the 62nd IAEA General Conference in Vienna, Austria. FANR signed a cooperation agreement with the Nuclear Safety Authority of France for the exchange ...

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