Category: Success Story
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etisalat by e& launches tailored business solutions for startups and micro businesses
Abu Dhabi, 26 July 2023: etisalat by e& today announced the launch of its new tailored business solutions for startup and micro businesses. The innovative solutions have been specifically designed to provide comprehensive services and support for small businesses based on their unique requirements. etisalat by e&’s tailored solution packages offer the best solutions that meet…
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Abu Dhabi Witnesses Remarkable 363% Growth in Foreign Direct Investment in the Real Estate Sector During First Half of 2023
Abu Dhabi, July 24, 2023: The Department of Municipalities and Transport (DMT) announced that foreign direct investment (FDI) in the individual category within Abu Dhabi’s real estate sector has soared to AED 834.6 million during the first half of 2023, achieving a record growth rate of 363% compared to the corresponding period last year. According…
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Dubai Chamber of Digital Economy hosts ‘Design Thinking Hackathon’ to empower next generation of Emirati app developers
Mohammad Ali Rashed Lootah: “Equipping young Emiratis with the digital skills they need to thrive is the key that will unlock Dubai’s dynamic future. Dubai Chamber of Digital Economy is proud to play a central role in the success of Create Apps in Dubai, one of the many initiatives developed by the wise leadership to ensure…
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Fitch Ratings, Moody’s Investors Service, and S&P Global Upgrade Emaar Properties PJSC’s Credit Ratings
United Arab Emirates, Dubai – July 18, 2023: Emaar Properties PJSC, Dubai’s premier real-estate developer, received credit rating upgrades from Fitch Ratings, Moody’s, and S&P Global, reflecting its strong financial performance and improved leverage ratios. Fitch Ratings has upgraded Emaar Properties Long-Term Issuer Default Rating to ‘BBB’ from ‘BBB-, with a Stable Outlook. Moody’s has similarly…
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Emirates NBD takes the lead in the region in offering fractional bonds to individual investors
Dubai, UAE, 10 July 2023: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has introduced the provision of fractional bonds, an exclusive new product offering for individual investors, allowing them to gain access to international bond markets with a minimum investment as low as USD 25,000, making…
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Asteco Named Property Management Company of the Year at Facilities Management Middle East Awards 2023
Abu Dhabi, 21 June 2023 – Asteco Property Management, a leading real estate services company, has won the Property Management Company of the Year award during the 16th edition of Facilities Management Middle East (FMME) Awards 2023 held recently in Dubai. Asteco was recognised for consistently delivering high quality, professional, value-added real estate services, utilising its…
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S&P affirms Emirates Development Bank’s ‘AA-‘ Credit Rating with Stable Outlook
Abu Dhabi, United Arab Emirates, 23 May 2023: S&P Global Ratings (“S&P”) affirmed the ‘AA-‘ credit rating for Emirates Development Bank (“EDB” or “the Bank”), demonstrating the Bank’s strong creditworthiness. The rating comes with a ‘Stable’ outlook, indicating confidence in EDB’s ability to maintain its financial stability. The affirmation of EDB’s credit rating at AA- is…
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The Retail Summit 2023 Saw 900 Delegates and 72 Industry Speakers For Its Third Edition
March 2023, Dubai, United Arab Emirates – The Retail Summit, an annual event providing unprecedented access to hear from global retail giants on the future and movement of the retail sector, took place on the 14th and 15th of March, seeing over 900 delegates and 72 speakers come together for an unforgettable retail industry event. This year’s…
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International and Regional Retail Leaders Take the Stage Today at The Retail Summit 2023
March 2023, Dubai, United Arab Emirates – The Retail Summit, an annual event providing unprecedented access to hear from global retail giants on the future and movement of the retail sector, remains the ultimate industry networking event on the global calendar, and commences today and tomorrow. The highly-anticipated two-day summit brings all industry players under one roof,…
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Danube Properties launches and sells out five projects with 2,087 homes worth Dh2.02 billion in 2022
Danube Properties delivered 1,338 units in Lawnz and Elz projects, worth Dh680 million and awarded construction contracts for four projects in 2022. The developer recently unveiled the the Dh1.4 billion Viewz project Date: Dubai, UAE, February 14, 2023 Danube Properties, the fastest-growing private real estate developer in the UAE, has sold out the first of…
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