Monthly Archives: February 2024

Education

Canadian University Dubai BBA earns accreditation from Chartered Institute of Marketing UK

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CIM Accredited Degree statusprovidesaccelerated route to professional qualifications

February 26,2024 , Dubai, UAE: Canadian University Dubai (CUD) has received accreditation from the Chartered Institute of Marketing (CIM) UK, earning the prestigious CIM Accredited Degree status for its Bachelor of Business Administration (BBA) in Marketing. The recognition will provide students of the BBA in Marketing program with the opportunity to gain industry-recognized qualifications at an accelerated pace. The CIM UK accreditation is also recognized by the Australian Marketing Institute (AMI).

Dr. Farooq Haq, Professor of Marketing at Canadian University Dubai, Maggie Jones, CIM’s Director of Partnerships and Raj Achan, Senior Ambassador of CIM in the UAE

Awarded following a comprehensive mapping process, the CIM Accredited Degree status demonstrates that CUD’s BBA in Marketing meets the Institute’s learning outcomes ,ensuring course content is aligned with industry requirements. Mapped against the CIM Certificate in Professional Marketing (Level 4) and Diploma in Professional Marketing (Level 6), the BBA in Marketing offers exemptions based on Accredited Prior Learning (APL), reducing the number of assessments students must take to gain a CIM qualification.

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Real Estate

Binghatti’s First Bond Market Debut Soars at Over 200% Subscription

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Binghatti’s First Bond Market Debut Soars at Over 200% Subscription

The leading Dubai real estate developer Binghatti, has achieved a significant milestone with the successful launch of its inaugural USD 300 million 3-year Sukuk issuance. Priced competitively at 9.625%, the Sukuk experienced a tightening of approximately 30 basis points, demonstrating strong investor demand and confidence.

This transaction garnered widespread demand from both regional and international investors, with the order book peaking at an impressive 2.1 times subscription. The order book reached excess of USD 600 million, peaking at USD 621 million, underscoring the robust demand for Binghatti’s Sukuk offering.

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Business & Investments

Bashneft replaced its oil and gas reserves by 135% in 2023

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Bashneft replaced its oil and gas reserves by 135% in 2023
  • Over the past 5 years, Bashneft has discovered 7 oil fields and 298 new oil deposits found at the fields that are under development.
  • Bashneft’s geologists discovered 32 new accumulations of oil at its fields that are currently under development.

Dubai, February 26, 2024: 2023 saw Bashneft, a subsidiary of Rosneft, add 24.4 million tons (o.e.)of hydrocarbonsto its reserves thanks to its highly effective exploration operations, achieving a reserve replacement ratio of 135%.Bashneft has been successful in achieving full replacement of the liquid hydrocarbons it extracts each year by means of upping its reserves. In doing so, the company has been making a strong contribution to ensuring the fuel security of the Republic of Bashkortostan and Russia, while also helping extend the life cycle of Bashkortostan’s mature fields.

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Education

MoU signing between UoS and AUS to enhance strategic partnerships

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Sultan bin Ahmed Al Qasimi, in the presence of Bodour bint Sultan Al Qasimi, witnesses MoU signing between UoS and AUS to enhance strategic partnerships

Sharjah, February 25, 2024

His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah (UoS), and in the presence of Sheikha Bodour bint Sultan Al Qasimi, President of the American University of Sharjah (AUS), witnessed the signing of a Memorandum of Understanding between UoS and AUS to establish a robust framework for cooperation and facilitate joint initiatives between the two institutions.

The agreement was signed at AUS by Dr. Hamid Majoul Al Naimiy, Chancellor of UoS, and Dr. Tod Laursen, Chancellor of the American University of Sharjah.

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Business & Investments

MUST-DO ACTIVITIES AT THE HATTA FARMING FESTIVAL ANNOUNCED

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MUST-DO ACTIVITIES AT THE HATTA FARMING FESTIVAL ANNOUNCED

Discover nature-themed workshops, environmental sessions for kids, and delicious food from local vendors

Dubai, United Arab Emirates, 24 February 2024: An exciting lineup of events and activities is on offer at the first ever Hatta Farming Festival, happening until Tuesday 27 February at Hatta Hall. Initiated by the Supreme Committee to Oversee the Development of Hatta, and hosted by Dubai Festivals and Retail Establishment (DFRE) in cooperation with the Dubai Municipality, the Dubai Roads and Transport Authority (RTA), and the Hatta Traders Council, the festival offers something for visitors of all ages. Whether they are seasoned farmers or those curious about where their food comes from, everyone is welcome to join in the farming fun.

From interactive agricultural experiences to local culinary flavours, here are seven reasons not to miss this landmark celebration of rural life.

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