Nasdaq Dubai has welcomed the listing of a USD 500 million Sukuk issued by (MAF Sukuk Ltd.), as the company expands its engagement with Dubai’s international debt capital markets. Guaranteed by Majid Al Futtaim Holding LLC, the Sukuk reinforces the Group’s commitment to accessing diverse pools of global investors through Dubai’s internationally aligned market infrastructure. […]

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has registered its 100th hedge fund, reflecting its dominance in the sector and successful journey to becoming a top five global hub for the industry. The number of hedge fund managers doubled from 50 at […]

Emirates and Dubai Humanitarian have established an airbridge to Sri Lanka,transporting urgent relief aid to support those affected by the devastating Cyclone Ditwah. For the next two weeks, Emirates will offer over 100 tonnes of cargo space free of charge across its daily passenger flights to Sri Lanka, enabling Dubai Humanitarian and its associates to […]

flydubai, the Dubai-based carrier, inaugurated its first direct service to Riga, the capital of Latvia, marking the start of its three-times-weekly service between Dubai International (DXB) and Riga Airport (RIX). The inaugural flight landed in Riga to a warm reception by airport officials, underscoring the significance of this new connection between the United Arab Emirates […]