Tag: UAE
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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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R.evolution launches EYWA: Redefining the next revolutionary generation of 21st century buildings in Dubai
Dubai, UAE; July 17, 2023: R.evolution, a global award-winning European luxury real estate developer has launched its first residential project in the UAE, Eywa, a revolutionary next-generation development that will redefine the future of urban living in Dubai. A truly boutique residential development that is LEED Platinum, WELL Platinum, and HealthTechPro certified, Eywa features a selection…
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Dubai Centre for Family Businesses launches new family business advisory certification programme in partnership with Family Firm Institute
H.E. Abdul Aziz Abdulla Al Ghurair: “The new certification programme is aimed at equipping family business advisors with the knowledge and skills they need to provide effective support to family businesses.” · Osama Ibrahim Seddiqi: “This initiative represents a significant step in our journey to deliver the right tools to meaningfully impact the family business ecosystem in Dubai.”…
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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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SHUAA Capital Announces Sale of Prime Business Bay Land to Danube Properties for AED 190 Million
United Arab Emirates, 5 July 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced that it has arranged, on behalf of its subsidiaries and other investors, the sale of a prime plot of land in Business Bay, Dubai to Danube Properties for a total sale price of…
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Provident Real Estate Expands To The Palm Jumeirah, Opening Up Their Third Office.
3rd July Dubai. Provident Estate concludes the second quarter of the year with a new office opening, expanding to the Palm Jumeirah. Kicking off the summer months, Provident Estate has opened their doors on the Palm Jumeirah to a brand new office. The Palm Jumeirah is the world’s largest man made island and is known…
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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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LiveWell with Nakheel celebrates anniversary of community well-being
Dubai, 14 June 2023: LiveWell with Nakheel, a community wellness initiative that Nakheel introduced in June 2022, is celebrating its one-year anniversary. The programme has given Nakheel community residents and the wider Dubai community, access to renowned healthcare experts who have shared their invaluable insights on how to make better decisions to improve well-being. The interactive…
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Equinix to open its third data center in Dubai supporting rapid growth in the MENA region
Dubai, United Arab Emirates, 30 May 2023 – Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, has announced the opening of its third International Business Exchange™ (IBX®) data center in Dubai. Once fully built out, the new site—which will be known as DX3—will provide 1,800 cabinets of capacity across two phases or a total footprint of 12,000 square meters…
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