Dubai Times

Live, Love, Leverage – Ya Habibi!
Wednesday, Jun 17, 2026
 العَرَبِيَّة

Dubai Islamic Bank Raises $1 Billion Through Sustainable Sukuk Issue

The UAE's largest Islamic bank successfully priced a $1 billion sustainable sukuk, attracting strong international demand and highlighting investor appetite for sharia-compliant financial products.
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Related Articles

UAE Football Fans Gather at Home and Abroad as the 2026 World Cup Begins

Thousands of UAE residents have travelled to North America for the tournament, while fan zones, hospitality venues, and digital platforms across the country prepare to serve lar...

SpaceX Tokenized IPO Draws Strong Interest from UAE Crypto Investors

Digital asset exchange Bybit reported heavy demand from investors in the UAE and wider Gulf region for tokenized shares linked to SpaceX, reflecting growing interest in alternat...

Dubai Announces Free Public Parking for Islamic New Year Holiday

The Roads and Transport Authority said public parking across Dubai will be free on June 15, giving motorists a cost reprieve during the three-day Hijri New Year holiday period.

Businessman Pledges Dh1 Million for Victims of Emirates Road Crash

A prominent philanthropist has offered financial support and pledged to cover medical expenses following a serious multi-vehicle collision on the E611 highway that left three pe...

Sharjah Opens New Truck Bypass Around Dhaid City Centre

The new heavy-vehicle route is expected to ease congestion, improve road safety, and support more efficient logistics operations between the northern emirates.

Cybersecurity Talent Shortage Raises Risks for Middle East Businesses

A new report warned that a shortage of qualified cybersecurity professionals is increasing corporate exposure to sophisticated threats and accelerating demand for AI-driven secu...

Public Schools to Face Unannounced Inspections Across the UAE

Education authorities will move to short-notice inspections to obtain a more accurate assessment of classroom teaching standards and student performance.

UAE Denies Reports of $3 Billion Transfer to Iran

The Ministry of Foreign Affairs rejected media reports alleging that the UAE secretly transferred billions of dollars to Iran and issued a statement firmly denying the claims.

Wegovy Weight-Loss Injections Become Available in UAE Pharmacies

The launch of semaglutide-based obesity treatment in the UAE marks a significant development for the country's healthcare and pharmaceutical sectors amid strong regional demand.

UAE Targets Diverting 80 Percent of Waste from Landfills by 2031

The government unveiled a new environmental strategy centred on recycling, circular economy initiatives, and a nationwide textile recovery programme to sharply reduce reliance o...

Dubai Introduces Five Percent VAT on Salik Toll Charges

The application of value-added tax to toll fees and tag activation charges slightly increases commuting costs on the emirate's major road network.

Dubai Public Parking System Becomes Fully Cashless

Dubai's public parking operator has eliminated coin payments at all parking meters, requiring motorists to pay through the Parkin app, nol cards, or SMS services.
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