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Mashreq Raises $500 Million in AT1 Bond Issue, Attracts Strong Investor Demand for 2026 Growth

UAE lender Mashreq has successfully raised $500 million through an additional tier 1 (AT1) bond issuance, bolstering its capital base as it pursues ambitious...
Finance

Gold Holds Steady Above Dh600 as Middle East Fears Grow

Gold prices in the UAE are holding steady above the Dh600 mark, as heightened geopolitical tensions drive investors toward safe-haven assets. On Friday morning,...
UAE

Friday Morning Accident on E311 Sparks Major Sharjah–Dubai Congestion

Friday morning brought extra headaches for commuters traveling from Sharjah to Dubai, as a major accident blocked multiple lanes on Sheikh Mohammed Bin Zayed...
UAE

Eid Al Fitr 2026: How UAE Residents Can Maximize Their Holiday

Ramadan has just begun, but across the UAE, the buzz is already building for Eid Al Fitr 2026—and the possibility of a truly epic...
Finance

Emirates NBD Launches Branded Silver Bars for UAE Investors

Emirates NBD is broadening its precious metals offering with the launch of its own branded silver bars, providing UAE investors a new way to...
UAE

UAE Dominates AI Funding Despite Saudi Arabia’s Startup Surge

Saudi Arabia pulled ahead of the UAE in total startup funding last year, raising more than twice as much venture capital as its Gulf...
UAE

Ras Al Khaimah Sets Sights on Ultra-Luxury Tourism With Wynn Resort Launch

Ras Al Khaimah is gearing up for a bold transformation in its tourism strategy, aiming to reposition itself as the UAE’s next ultra-luxury hotspot....
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