Thursday, February 20, 2020

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These Are The High Rental Yield Goldmines in UAE

The UAE has higher rental returns than some of the most popular locations for property investment in the world, a new report has revealed...

Nawah Begins Loading Fuel at Unit 1 of Barakah Nuclear Energy Plant

Nawah Energy Company has begun loading the first nuclear fuel assemblies at Unit 1 of Barakah Nuclear Energy Plant, according to WAM. This initial step follows...
Barakah Nuclear Power Plant.

UAE Issues Operating License to Region’s First Nuclear Power Plant

The Region’s first nuclear power plant is set to begin operations soon, with UAE’s nuclear regulatory authority granting the operating license for Unit 1...

Coronavirus Impact: IMF Could Reduce Global Economic Growth Forecast

Kristalina Georgieva, Managing Director – International Monetary Fund (IMF), has warned of serious effects on the world economy if the Wuhan coronavirus outbreak (COVID-19)...
UAE women equality

Gender Parity In MENA Could Mean $600bln more for Global GDP: Ivanka

Ivanka Trump, advisor to the United States President, today lauded UAE leadership’s efforts to close the gender gap and added that continuing to empower...
Buna platform

Emirati Dirham included in Buna payment platform

The Emirati Dirham (AED) has been included in the soon to be launched Buna, a multi-currency payment platform affiliated with the Arab Monetary Fund. The...
UAE non oil

Slippery Slope for UAE’s Non-oil Private Sector amid Business Decline

The first few months of 2020 seem to have brought in some not so good news for the job market in UAE as a...

‘STC’s Vodafone Egypt Acquisition Credit Negative If Debt-Funded’

A Moody’s report has said that Saudi Telecom Company’s (STC) acquisition of Vodafone Egypt would be credit negative if the transaction is fully debt-funded,...
Blockchain platform

New Blockchain Platform Aims to Improve UAE Smart Health Services

The Ministry of Health and Prevention (MoHAP) recently launched an advanced digital platform that aims to raise the efficacy of the ministry and other...

Etihad Enters $1bln Aircraft Sale Deal with KKR, Altavair

Etihad Airways has signed an agreement with KKR, a leading global investment firm, and Altavair AirFinance (“Altavair”), a leader in commercial aviation finance to...