Dubai Islamic Bank launches $500m sukuk with competitive 5.25% profit rate
Dubai Islamic Bank successfully issued a $500m Basel III-compliant AT1 sukuk at a 5.25% profit rate, marking the lowest global AT1 spread since 2009.
Dubai Islamic Bank successfully issued a $500m Basel III-compliant AT1 sukuk at a 5.25% profit rate, marking the lowest global AT1 spread since 2009.

The viral Dubai chocolate bar, featuring creamy pistachio and crispy knafeh, has captivated dessert lovers worldwide with its unique textures and luxurious flavours.

From hidden gems like Alserkal Avenue and Jumeirah Fishing Harbour to iconic experiences at the Burj Khalifa and desert safaris, there's something for everyone—explore vibrant art scenes, enjoy camel racing, or unwind at tranquil spots like Al Qudra Lakes or Hatta Dam.

The UAE is quietly building a multi-billion-dollar gaming industry, poised to transform its economy and cultural landscape, with major players like Wynn Resorts and MGM leading the way.

European millionaires are fleeing high-tax regimes for Dubai, now a top destination for wealth preservation, lured by its tax-free benefits and luxurious lifestyle. With Europe tightening tax regulations, Dubai emerges as a haven for the global elite.

Global Village Season 29 kicks off with new attractions, including 30 cultural pavilions, a revamped Restaurant Plaza, and immersive marketplaces, offering visitors a rich blend of global cultures and dining experiences in Dubai.

Padel, a fast-growing sport blending tennis and squash, is taking over the UAE—and specifically Dubai—with its accessible gameplay and social appeal. With top-notch facilities, coaching, and year-round play, Dubai is becoming a hub for this dynamic and engaging sport.

Dubai is offering a Golden Visa to distinguished educators, granting 10-year renewable residency to teachers, principals, and academic heads in recognition of their contributions to the private education sector.

OKX has officially launched in Dubai, offering 280 cryptocurrencies and 480 trading pairs, making it the first major global exchange to serve both retail and institutional clients in the UAE.

Sharjah is emerging as an affordable alternative to Dubai’s rising rents, attracting residents and investors with lower property prices and new developments allowing foreign ownership.
