DUBAI / WAM The Pointe, Dubai’s premier lifestyle and dining destination by Nakheel Malls, is gearing up to launch the world’s largest fountain. ‘The Palm Fountain’, Palm Jumeirah’s latest waterfront attraction, will attempt to break a Guinness World Records (GWR) title during its inaugural launch event, and the public is invited to witness the celebration. Spread over 14,000 square feet ...

DUBAI / WAM Shuaa Capital has launched three Sharia compliant funds and already secured $75 million of commitments. The Shuaa High Yield Sukuk Fund, Nujoom Aggressive Fund and Nujoom Balanced Fund – the first Sharia-compliant funds within an ICC umbrella to launch in the Abu Dhabi Global Market (ADGM) – are breaking ground as part of Shuaa’s fund platform rolled ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHaP) announced that it conducted 108,906 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHaP announced 1,041 new coronavirus cases, bringing the total number of cases in the UAE to 98,801. MoHaP also noted an additional 1,001 individuals ...