All posts by uaenews247

Business & Investments

HE Sheikh Nahyan bin Mubarak Praises UAE-India Relations

HE Sheikh Nahyan bin Mubarak lauds UAE-India relations as the strongest and most dynamic in the world at the Chartered Accountants Day celebrations by ICAI Dubai Chapter

India is attracting investment from Non-Resident Indians through the Foreign Currency Non-Resident (FCNR) route as NRI deposits reach approximately US$166 billion, including US$33.7 billion through FCNR accounts

Date: Dubai, UAE; June 29, 2026

The UAE-India bilateral relations is among the strongest and most dynamic partnerships in the world – a partnership founded on trade and investment as well as shared values, mutual respect and the exceptional contributions made by the Indian community across various aspects of life in the UAE, HE Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister for Tolerance and Coexistence, said at a conference titled: The Story of Comebacks: The Resilient Way organised by the Dubai Chapter of the Institute of Chartered Accountants of India (ICAI). 

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Automibiles & Motoring

Launch of 212 T01 Navigator at Legend Motors Abu Dhabi

Legend Motors unveils 212 T01 Navigator at the opening of its premium showroom in Abu Dhabi

Legend Motors has the exclusive distributorship of 212 Off-Road vehicles in the UAE to bring the brand’s latest power-packed model for adventure motorists

Date: Abu Dhabi, UAE; June 27, 2026

Legend Motors, part of Legends Holdings, a diversified UAE business conglomerate with interests in the automotive industry, energy, and travel and tourism services, has unveiled the 212 Navigator, the latest model of the distinguished off-road automobile brand which is carving a niche in the UAE. The launch took place at the opening of the 212’s latest showroom in the heart of Abu Dhabi, bringing a new all-terrain vehicle for thrill-seekers in the country.  Legend Motors is the exclusive distributor of 212 Off-Road vehicles in the UAE and is leading the brand’s expansion across the market.

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Entertainment & Celebrity

BOOTS, BEATS AND BITES: NEON HONKY TONK RETURNS TO RODEO DRIVE THIS JULY

Neon Honky Tonk returns for its third edition bigger and bolder to celebrate American Independence Day

Dubai, UAE, June 2026: Neon Honky Tonk returns to Rodeo Drive Ibn Battuta for it’s American Independence Day Edition on Saturday, 4th July 2026. Celebrating the Fourth of July in true style, the venue will transform into an all-American country festival complete with entertainment for the whole family.

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Business & Investments, Featured

Arab Energy Fund Lists $500M Sukuk on Nasdaq Dubai

  • The Arab Energy Fund listed a USD 500 million Sukuk due 2031 on Nasdaq Dubai.
  • The five-year Sukuk carries a profit rate of 4.686% and was priced at a spread of 70 basis points over SOFR.
  • The issuance was 2x oversubscribed, with the order book exceeding USD 900 million.
  • The total value of currently outstanding Sukuk listed on Nasdaq Dubai now exceeds USD 98.6 billion.

Dubai, UAE – 29 June 2026: Nasdaq Dubai welcomed the listing of a USD 500 million Sukuk issued by The Arab Energy Fund (TAEF), a leading multilateral impact financial institution focused on the energy sector. The transaction reflects the longstanding engagement between The Arab Energy Fund and Nasdaq Dubai and contributes to the depth of the exchange’s Sukuk market.

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Business & Investments

Secure Your Valuables at Vintage Vaults in Dubai

  • Vintage Vaults, located at Mall of the Emirates in Dubai, provides safe deposit box rental in seven sizes with complimentary insurance of up to AED 2 million and year-round access for both residents and non residents  storing jewellery, watches, gold, documents, collectibles or any other valuables.
  • With summer travel increasing across the UAE, Vintage Vaults offers a secure alternative to home storage, featuring UL-certified vault infrastructure, biometric authentication, AI-driven monitoring and direct integration with Dubai Police and SIRA-connected security systems.

Sherif El Haddad, Founder and CEO of Vintage Vaults

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