Author: Victoria Dickinson

Another achievement realized by Saudi Arabia’s Public Investment Fund (PIF) is registering the first sterling bond sale with a value of £650 million ($829. 80 million) to utilize its existing Euro Medium-Term Note program. The demand for the issuance itself appears to have been remarkable; the order book was more than six times subscribed implying that investors placed their trust in PIF’s creditworthiness as well as it strategy. It comprises two tranches: a £300 million bond with a 5-year fixed coupon and another bond of £350 million with a 15-year fixed interest rate. This fits PIF’s ongoing efforts to diversify…

Some of the prominent figures in Oman’s delegation include the Chair of the Environment Authority Dr. Abdullah Ali Al Amri. This event will be held in Riyadh, Kingdom of Saudi Arabia and has been arranged by Secretariat General of Arab League with the collaboration of Regional UNEP West Asia Office. The forum discusses four main themes: and the conservation of land resources and the environment, including land degradation and global and environmental issues on the regional and global stage; the availability and quality of land, food and water; environmental stewardship for terrestrial systems; international, regional and national approaches to the…

The winning lucky individual was an Iranian expat Hossein Ahmad Hashemi who won the grand prize of Dh10 million in the raffle draw – Abu Dhabi Big Ticket revealed. The expat was first selected in the 263 series of the draw which took place on the 3rd of June this year. The Iranian man has been resident in Dubai for the last 20 years and bought his winning ticket from the internet raffle following participation in the same Big Ticket competition for the last five years. Hossein was able to get his first ticket in the raffle after his friends…

Disney has a great pan of movie releases lined for 2024 and beyond which can potentially help the company overcome the problems it encountered in the recent years. Here are the highlights for Upcoming Disney Films: 2024 Releases: Inside Out 2 (June 14): The upcoming movie will continue Riley’s life and focus on her going through the period of adolescence, and new characters – Anxiety and Envy. Moana 2 (November 27): Since this movie leaves us with Moana and Maui back on Motunui, folks have been waiting for this sequel excitedly. Mufasa: The Lion King (December 20): A prequel of…

The Dubai Mall, currently regarded as the world’s number one attraction in tourist arrivals, has announced it is to open a new phase worth AED1. 5bn ($408m). More recently Emaar Properties has revealed this ‘flagship’ that will expand the Mall through adding 240 new luxury shops and food & beverage units. The contractor of this large scale implementation is already on-site mobilization. Announcing the enhancement, Mohamed Alabbar, Founder of Emaar Properties, said: “The new expansion plan launched in the Dubai Mall is a great addition to one of the most visited sites in the world. I would like to extend…

The company has unveiled its first residential property development in Dubai as Dubai Harbour Residences, which presents the unique chance for the citizens to invest in the beachfront property. A variety of apartments and penthouses of different size and layout allow for the maximum comfort in living and are designed to offer a beachfront selection of low rise accommodation s with breathtaking aeans and city view features in an impressive setting. These upscale homes will encompass ample space for interior living areas and ceiling height above top level standards, as well as expansive exterior balconies to easily and comfortably use…

In the previous election, almost five weeks ago, Iceland has voted for a new president and a businesswoman, Halla Tomasdottir won the seat, leaving the post of Gudni Th. Johannesson who decided not to run for a third term following two terms of four years tenure each. Out of all the candidates of the competition Tomasdottir seemed to be the most fortunate and she received 34. 3% of the people’s vote. She was able to triumph over; the former Prime Minister Katrin Jakobsdottir garnered 25. 2 percent and Halla Hrund Logadottir, who also garnered 15. 5 percent. Tomasdottir, 55, made…

Basic Health Insurance Plan for Abu Dhabi has been released with new rules and regulation for subscription to operate from 1st July 2024. The updates are expected to be put into practice by National Health Insurance Company – Daman, whereby co-payment policies are to be rationalized for all the residents of the emirate. The new guidelines highlight diagnostic services, laboratory services, inpatient services, and same day admitting procedures. Here are the key updates:Here are the key updates: Diagnostic Services: A co-payment of Dh20 and deducting 20% of the actual costs of the consultation charge along with other non-insured services such…

Marian Robinson, the mother of former United States First Lady Michelle Obama, died peacefully Friday morning surrounded by her family at the age of 86 as the family confirmed in a statement. Robinson worked as a caretaker of the first children of Barack Obama when he served the presidency from 2009 upto 2017 and she was well recognized mainly as a grandmother to Malia and Sasha Obama. In a letter written on social platform, X {formerly twitter}, the former First Lady of America Michelle Obama described her mother as her ‘rock’, stressing the stand Robinson took as the backbone of…