DUBAI / WAM Dubai Aerospace Enterprise (DAE) announced that its board of directors and shareholders had authorised an additional $300 million for bond repurchases to be conducted through open market transactions. To date, DAE has repurchased approximately $1.13 billion of principal amount of its publicly traded bonds under the previous authorisations of $1.2 billion. DAE now has $370 million of ...

ABU DHABI / WAM A record of 60,310 Muslims in Abu Dhabi gathered at the Sheikh Zayed Grand Mosque on the 27th night of Ramadan to observe Laylat Al Qadr, a significant night in the Islamic faith. This is the largest number of worshippers hosted by the grand mosque since its opening. Laylat Al Qadr, or the Night of Destiny ...

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced a new AED367.23 million ($100 million) Culinary Investment Fund that will help introduce iconic brands to the UAE capital. In addition, the fund will support building and establishing a Culinary School to aid with recruitment, training, and other staffing resources in the ...