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Shorooq Partners Announces First Close Of Its $100 Million Second Private Credit Fund, Pioneering Growth In MENA Tech Financing (23 May 2024)
Shorooq Partners, the pioneering alternative investment manager across Middle East and North Africa, announces the first close of its $100 million second private credit fund.

The Fidelis Partnership To Open Office In Abu Dhabi (23 May 2024)
The Fidelis Partnership is pleased to announce the opening of an office in Abu Dhabi.

Abu Dhabi Mobility Allows Bus Window Tinting Up To 30% (21 May 2024)
As part of its ongoing commitment to passenger safety in the Emirates, the Department of Municipalities and Transport, represented by Abu Dhabi Mobility in collaboration with relevant authorities, has formally approved the tinting of bus windows of all sizes across the emirate.

Fitch Upgrades Ras Al Khaimah’s Credit Rating To A+ From The Previous A (21 May 2024)
Ras Al Khaimah’s credit rating has been upgraded to ‘A+’ from the previous ‘A’, by the international credit rating agency Fitch Ratings. The upgrade reflects the Emirate’s improved credit metrics driven by stronger medium-term growth forecasts.

SEC Forms Shariah Oversight Committee For Endowments (21 May 2024)
Sharjah Executive Council (SEC) held its weekly meeting under the chairmanship of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and in the presence of H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi.

SEWA Provides Services For Al Hafiya Lake In Kalba (21 May 2024)
Sharjah Electricity, Water, and Gas Authority (SEWA) has completed the construction of a pumping station and the extension of water lines for the Al Hafiya lake project in Kalba, at a cost of AED 27 million.

UAE Dispatches 200 Tonnes Of Urgent Aid Relief To Flood Victims In Kenya (21 May 2024)
The United Arab Emirates has dispatched five aircraft carrying 200 tonnes of relief aid to Kenya, including essential food supplies and medical equipment.

Millennium Hotels And Resorts MEA & Lakhraim Group, Signs Agreement With Umm Al Quwain’s Tourism & Archaeology Department To Strengthen Ties With The Tourism Sector (20 May 2024)
Millennium Hotels and Resorts MEA, has inked an agreement with Umm Al Quwain’s Department of Tourism and Archaeology to exchange knowledge and expertise.

Tonino Lamborghini Residences: Redefining Luxury Living Through Iconic Design And Distinctive Features On Al Marjan Island, Ras Al Khaimah (20 May 2024)
Tonino Lamborghini, a world-renowned name in Italian elegance and craftsmanship, is thrilled to announce its latest venture– Tonino Lamborghini Residences on Al Marjan Island in Ras Al Khaimah.

Alef Group Announces Arim Neighborhood Handover By End Of 2026 (18 May 2024)
Alef Group, a leading real estate development company in the Emirate of Sharjah, has announced the upcoming handover of villas in the Arim neighborhood within Hayyan development by the end of 2026.


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