UAE start-ups respond to unique competition

More than 300 small and medium-sized enterprises responded to our recent Flying Colours start-up competition, which closed earlier this month. Flying Colours presented UAE-based SMEs with the opportunity to share their unique business ideas and concepts to win flights worth Dh100,000 on Emirates Airline. The competition, which launched on November 25, 2018, was created in […]

Dubai Islamic Bank lists $750 million sukuk on Nasdaq

Dubai: Nasdaq Dubai welcomed on Tuesday the listing of a S$750 million sukuk by Dubai Islamic Bank, (DIB). It is Nasdaq Dubai’s first sukuk listing of 2019 and DIB’s seventh altogether on the exchange. DIB is the leading UAE-based sukuk issuer by value on Nasdaq Dubai with a total of $6 billion, including the latest […]

Stock markets falter after China data, Brexit Plan B awaited

LONDON: European shares fell on Monday from recent six-week highs as a global equity rally stalled after data confirmed a slowdown in China’s economy and investors awaited for Britain’s next steps to break the deadlock over Brexit. British Prime Minister Theresa May is set to present her ‘Plan B’ for Brexit to parliament later in […]