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FAB issues largest-ever USD tier 2 bond from a UAE Bank

ABU DHABI / WAM First Abu Dhabi Bank (FAB), UAE’s largest bank and one of the world’s largest and strongest financial institutions, successfully issued its inaugural USD Tier 2 capital securities on Tuesday, September 26,2023. The USD 1 billion 10.5NC5.5-Year Tier 2 Bond is the largest-ever Tier 2 issuance from a UAE bank and the largest-ever Tier 2 conventional bond ...

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UAE has pioneering initiatives, innovative strategies to achieve climate neutrality: Minister of Energy of Barbados

ABU DHABI / WAM Senator Lisa Cummins, Minister of Energy and Business Development of Barbados, said that the UAE has pioneering initiatives and innovative strategies to achieve climate neutrality, wishing the UAE success in hosting COP28, given the country’s distinguished record in adopting renewable and clean energy solutions worldwide. In a statement to the Emirates News Agency (WAM), Cummins praised ...

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Hamdan bin Zayed inaugurates Madinat Zayed Cycling Track in Al Dhafra Region

AL DHAFRA / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, has inaugurated Madinat Zayed Cycling Track in Al Dhafra Region. Madinat Zayed Cycling Track is a Bike Abu Dhabi project led by Al Dhafra Region Municipality in coordination with Abu Dhabi Sports Council and Abu Dhabi Cycling Club. It features a 17km cycling ...

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Gargash meets UN Envoy for Libya

DUBAI / WAM Dr. Anwar Gargash, Diplomatic Adviser to the UAE President, today met with Abdoulaye Bathily, Special Representative of the Secretary-General for Libya. During the meeting, the two sides discussed the latest developments and updates related to Libya and the UN’s efforts to find a political solution to end the Libyan crisis. The meeting also discussed the challenges faced ...

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MBZUH adds ‘Sheikh Zayed Legacy of Peaceful Coexistence’ subject to its academic programmes

ABU DHABI / WAM Mohamed bin Zayed University for Humanities (MBZUH) has incorporated the subject “Sheikh Zayed Legacy of Peaceful Coexistence” into academic programmes and courses. The announcement is part of its commitment to enhancing its strategic vision and scientific initiatives to spread a culture of tolerance and human fraternity and upholding the values of moderation and openness. Sheikh Zayed’s Legacy ...

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MoIAT, Nafis launch training programmes to empower national talent across key sectors

ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) has partnered with the Emirati Talent Competitiveness Council (Nafis) to launch 4 trainings under ‘The Industrialist Programme’. Under the National In-Country Value (ICV) Programme, the ministry will collaborate with national and international companies to empower and equip Emirati talent with skills to thrive in the industrial and advanced ...

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Alef Group launches Zone 2 ‘Alma’ in Hayyan Villa Community

SHARJAH / WAM Alef Group, the leading real estate and retail development company in the Emirate of Sharjah, has announced the much-anticipated launch of ‘Alma’, Zone 2 of the Hayyan Villa Community. This follows the remarkable success of the Zone 1 ‘Arim’ launch, further solidifying Alef Group’s commitment to providing exceptional living spaces that redefine the concept of modern living. ...

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