Friday 19 April 2024
 
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Dubai

Shuaa bonds 'convertible'

The bonds that UAE investment bank Shuaa Capital will sell to state-controlled Dubai Banking Group will be convertible into Shuaa's stock after one year, Shuaa's chief executive Iyad Duwaji said. The bonds will carry a coupon of six per ce

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2-kg tumour op success

An Indian woman has had a two-kg tumour removed in a hysterectomy operation at Medcare Hospital. Visiting consultant and surgeon Dr Hafeez Rehman and his team at Medcare Hospital operated on 47-year-old Fayeka Rasulji to remove the fibroid

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Future hotel room unveiled

An exciting concept hotel room designed by international design visionary, Karim Rashid was unveiled in Dubai recently. The 'Hotel Room of the Future' which he designed for Dubai-based interior contractor DEPA Room, part of the DEPA United

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i2 opens Dakar service centre

i2, one of the region’s largest and most diverse mobile phone provider, has launched its newest service centre in Dakar, Senegal.  Located on 10 Avenue Leopold Sedar Senghor X rue Faure, the centre will address the needs of mobile us

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MAF partners with DSS for 10th year

MAF Shopping Malls is partnering with DSS for the 10th consecutive year. MAF Shopping Mall's flagship centres - Mall of the Emirates and Deira City Centre - are working closely with the DSS office on all aspects of the event, promotional a

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Empost wins DED contract

Empost has signed an agreement with Dubai’s Department of Economic Development (DED) to print and deliver all trade licences for the emirate. Empost is the UAE’s leading integrated courier, cargo and logistics company. The agreemen

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Dubai to host Global Tea Forum

The Global Dubai Tea Forum 2008 will be held at the Hyatt Regency, Dubai. This biennial two-day forum, following the success of a similar event in 2006, is expected to attract a broad range of representatives from across the value chain of

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DIFC issues $1.25bn Sukuk

DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), today (June 7) announced the issue of a $1.25 billion Sukuk. The sukuk is the largest rated and the largest Straight Sukuk to come out of the region,

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Emirates to launch water limousine transfer

Dubai-based Emirates is about to become the world's first airline to launch a water limousine airport transfer service. The unique transfer will start on July 1 when Emirates begins its non-stop service from Dubai to Venice. The Emirates’

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Amlak Egypt to boost trade

Amlak’s move to Egypt will bring benefits to Egyptian nationals both at home and abroad, a recent meeting was told. Nasser Al Shaikh, chairman, Amlak Finance, the pioneer in home finance in the UAE, hosted a reception attended by Ibrahim H

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