Emirates NBD Capital, the investment banking arm of Emirates NBD, has successfully arranged a US$500 million Syndicated Revolving Credit Facility (RCF) for Lenovo Group Limited. The facility represents Lenovo's first entry into the Middle East Syndicate Loan Market and is aimed at supporting the technology leader's corporate and operational financing needs.
Author: UAEPress_Admin
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Gross written premium increased by 12.7% in Q4 2023 to AED53.2 billion: CBUAE
The UAE insurance sector continued to grow in Q4 2023, as reflected by the increase in the gross written premiums. As of year-end, the number of licenced insurance companies in the UAE remained at 60, the CBUAE announced in its quarterly economic report Q4, 2023.
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Gold prices in Dubai Sunday 31 March 2024
ALBAWABA – Gold prices in Dubai, the United Arab Emirates (UAE) today, Sunday, 31 March , opened at a selling price of AED 8199.33 per ounce, according to UAEgoldprices.com.
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UAE: Petrol, diesel prices for April 2024 announced
Abu Dhabi/Dubai: The UAE fuel price committee on Sunday announced petrol and diesel prices for the month of April 2024.
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UAE and World Central Kitchen announce departure of second maritime aid shipment for Gaza
Three ships and a barge finally set sail from Cyprus today following better weather conditions, carrying hundreds of tonnes of food destined for northern Gaza.
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Mohammed bin Rashid attends 28th edition of Dubai World Cup
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, attended the 28th Dubai World Cup held today at the Meydan Racecourse.
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Sharjah Ruler inaugurates Al Hefaiyah Lake in Kalba
H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated Al Hefaiyah Lake in Kalba on Saturday. H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, attended the inauguration. The lake is located on the Sharjah-Kalba Road, following the Al Hiyar Tunnel.
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Ajman Chamber organises ‘International Ramadan Majlis’ to develop its global network of relationships
The Ajman Chamber of Commerce and Industry (ACCI) hosted an international Ramadan Majlis at the Fairmont Ajman Hotel.
The event aimed to strengthen economic ties with other countries and promote Ajman as an attractive destination for investment and business.
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UAE signals interest in European nuclear energy investments
The United Arab Emirates has approached European nations including Britain to gauge their interest in the Middle Eastern state investing in their nuclear power infrastructure, according to three sources familiar with the talks.
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UAE welcomes additional provisional measures issued by International Court of Justice to allow increased humanitarian aid to Gaza Strip
The UAE has welcomed the additional provisional measures issued by the International Court of Justice (ICJ), in the case of genocide presented by the Republic of South Africa, demanding Israel to allow increased humanitarian aid to the Gaza Strip, and to open more crossing points to transfer food and medical supplies.