All posts by uaenews247

Dom Art Projects Spring/Summer 2026 Programme

Dubai, United Arab Emirates; 30 April 2026: Dom Art Projects presents its new programme, marking its debut at Art Dubai’s special edition with a digital presentation, alongside a new group exhibition, Time That Grows Slowly, and a solo presentation by Petr Kirusha at its Al Khayat space. Spanning digital practices, painting, and installation, the programme reflects the institution’s ongoing focus on time, perception, and the conditions shaping contemporary artistic production, bringing together international and regional artists across exhibitions, residencies, and research-led presentations.

Anna Pumpyanskaya, Co-Founder and Director, said: “As we enter this upcoming art season during a time of resilience and connection in the UAE, we are embracing new models of support for artists, from studio occupancy and research opportunities, to presenting their work in important global platforms such as Art Dubai. As an independent institution, we are committed to introducing audiences to artists they may not yet know, and to creating pathways for discovery and long-term recognition through exhibitions, collaborations, art fairs, commissions, public art projects, and acquisition into collections.”

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ADCOOP PLUS Loyalty Program: Rewards for UAE Families

ADCOOP Launches ‘ADCOOP PLUS’ Loyalty Program to Reward Families Across the UAE

Unlock instant rewards, exclusive savings, and personalized offers with ADCOOP’s all-new loyalty experience!

Abu Dhabi, 06 April 2026

In celebration of the Year of Family, and as part of its ongoing commitment to enriching the lives of customers across the UAE, ADCOOP proudly announces the launch of ADCOOP PLUS — a next-generation loyalty program designed to deliver greater value, convenience, and personalized rewards for families across the Emirates.

Rooted in ADCOOP’s mission to support communities and enhance everyday living, ADCOOP PLUS introduces a smarter, more rewarding shopping experience that puts customers at the heart of every interaction.

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Sukoon Insurance’s ‘A’ Rating Reaffirmed by S&P with Stable Outlook

April 28th, 2026

Dubai, United Arab Emirates (UAE)

Sukoon Insurance today announced that S&P Global Ratings has reaffirmed its ‘A’ issuer credit and insurer financial strength ratings, along with a stable outlook. The reaffirmation also extends to its subsidiary, Sukoon Takaful. This rating underscores Sukoon’s unwavering financial resilience, robust risk management, and strategic growth trajectory in a complex macroeconomic environment.

In its latest report, S&P highlighted Sukoon’s exceptional financial risk profile, noting that the insurer continues to enjoy risk-based capital adequacy with a material buffer. Despite ongoing regional geopolitical tensions, S&P anticipates these events will have a limited impact on Sukoon’s operating performance. This resilience is driven by the company’s prudent underwriting practices and highly effective reinsurance protections.

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Emirates NBD Launches $750M AT1 Capital Issuance

Dubai, UAE, 29 April 2026: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced the successful pricing of a USD 750 million Additional Tier 1 (AT1) capital issuance, marking the first debt capital market issuance from a GCC issuer since late February 2026. This strategic move follows the successful call of a previous USD 750 million issuance earlier this month, demonstrating the Bank’s agile capital management and the deep global trust in the UAE and the wider GCC financial ecosystem.

As the first public debt capital markets issuance in the GCC since the recent heightened uncertainty, the strong demand for this issuance underscores the depth of investor confidence in Emirates NBD’s credit fundamentals, capital position and long term strategy, as well as the resilience of the UAE and the wider GCC financial markets.

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AED 2 Billion Sales: Tara Park Sets New Standard in Abu Dhabi

834 residences across six towers with an active podium on Reem Island and connected to Reem Mall received overwhelming interest, signalling clear investor confidence in Abu Dhabi’s residential market

Abu Dhabi, UAE; 29 April 2026: Modon has announced the sell-out of Tara Park, a residential development on Reem Island, with the project generating approximately AED 2 billion in sales. The milestone reflects strong investor confidence and sustained demand, underscoring the emirate’s growing position as a global safe-haven investment destination.

Tara Park comprises six residential towers with 834 apartments across one-, two-, and three-bedroom layouts. Connected to Reem Mall, the towers are interlinked by an active podium that connects residents to a wide range of amenities.

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