News

  Jeddah / WAM Dr Zamir Iqbal, Vice President, Finance, chief financial officer of the Islamic Development Bank (IsDB), said the bank collected $1.6 billion from its first sukuk issuance in April. The AAA-rated issuance was executed in line with the bank’s $4.1 billion financing plan for 2022, approved by the chairman. In his statement to the Emirates News Agency ...

Abu Dhabi / WAM Edge is making its debut at the International Exhibition for National Security and Resilience (ISNR Abu Dhabi), from October 10-12 at the Abu Dhabi National Exhibition Centre (Adnec). Edge will demonstrate how its products and services provide a competitive advantage to customers and strengthen national security in the UAE. SIGN4L, Beacon Red, Katim, Caracal, and Lahab ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) is set to showcase the success and impact of the UAE nuclear energy sector at the forthcoming World Association of Nuclear Operators’ (Wano) Biennial General Meeting (BGM) in Prague, Czech Republic, between October 9-11. Held under the theme “One Wano – A Global Commitment to Nuclear Excellence,” the Wano BGM ...

  ABU DHABI / WAM The UAE, in cooperation with the Secretariat General of the Gulf Cooperation Council (GCC), will host the fourth edition of the GCC Visual Arts Forum from December 20-25. The forum will host a selection of Gulf artists from various branches of visual arts at Manarat Al Saadiyat in Abu Dhabi and will be accompanied by ...

  Abu Dhabi / WAM The UAE Jiu-Jitsu Federation (UAEJJF) and Mubadala Investment Company signed an agreement that will see the Abu Dhabi Government investment arm sponsor the UAE national team and secure naming rights of the UAE capital’s Jiu Jitsu Arena. The strategic partnership strengthens both parties’ commitment to supporting the nation’s athletes, broadening the sport’s horizons, and enhancing ...

  Dubai / WAM Dubai Airport Freezone (Dafz), part of Dubai Integrated Economic Zones Authority (DIEZ), is set to announce the launch of Metadafz, which aims to provide the free zone’s clients with a smooth digital experience in the metaverse. Dafz will make the official announcement at Gitex 2022, which will take place from October 10-14 at the Dubai World ...

  Abu Dhabi / WAM Shamma bint Suhail Al Mazrouei, Minister of State for Youth Affairs and Vice President of the Arab Youth Centre (AYC), highlighted the great attention that UAE’s wise leadership, headed by President His Highness Sheikh Mohamed bin Zayed Al Nahyan, shows towards youth and empowering them with the skills required to take charge in the media ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Abdel Fattah el-Sisi of Egypt, on the 49th anniversary of his country’s October 6 War victory. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, dispatched a ...

  Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) has introduced five more single stock futures in a further step to develop its derivatives market. Stock futures on Abu Dhabi Islamic Bank (ADIB), Abu Dhabi Commercial Bank (ADCB), Fertiglobe, Borouge and AD Ports, will be available for trading on the ADX derivatives market. The addition of new contracts has ...

Dubai / Gulf Time DP World added more than 23,000 nautical miles of new trade routes across the globe in the first three quarters of 2022, equivalent to a complete circumnavigation of the Earth. The new routes — connecting the Americas, Europe, Asia and the Middle East — are already opening new trading opportunities for cargo owners, better access to ...