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Topic

Dubai GDP

Dubai says $500mn bond repayment reflects fiscal stability

Dubai says $500mn bond repayment reflects fiscal stability

Published 22 Jun, 2021 07:20pm
  • The Government of Dubai's ability to fulfil its financial obligations reflects its deep fiscal stability amidst the circumstances imposed by the current global crisis.
  • The $500 million notes, which were issued in 2011, have been redeemed in full, said the government.
Dubai leads major Gulf markets higher

Dubai leads major Gulf markets higher

Published 18 May, 2021 08:50pm
  • Morgan Stanley upgrades Emaar Development to 'overweight'.
  • UAE awards ADSB $950 mln naval patrol vessel contract.
  • 24 of thirty stocks rise in Egypt's blue-chip index.
Dubai logistics firm Tristar drops IPO plans

Dubai logistics firm Tristar drops IPO plans

Published 14 Apr, 2021 04:33pm
  • The move is a setback for Dubai's bourse, the Dubai Financial Market, which has not seen a big ticket listing since 2017.
  • Tristar began its public share sale on April 4, setting a price range that implied a market capitalisation of 2.64-3.24 billion dirhams ($719-$882 million).
Dubai aims to boost contribution of creative arts to GDP

Dubai aims to boost contribution of creative arts to GDP

Updated 03 Apr, 2021 08:29pm
  • Dubai, part of the Unites Arab Emirates, is a regional business and tourism hub. It has the hydrocarbon-rich region's most diversified economy and was one of the hardest hit by the coronavirus pandemic.
  • The plan includes changes to the legislative and investment environment and steps to attract innovators, investors and entrepreneurs.
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