ABU DHABI / WAM First Abu Dhabi Bank (FAB) has successfully issued a 5-year $600 million bond at US Treasury +95bps which resulted in an all-in yield of 4.774%. This issuance marks the first Green bond issued by a Mena Financial Institution in 2023. FAB has set a new industry standard by achieving the tightest-ever spread for a 5-year bullet ...
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Adnoc completes historic IPO of Adnoc L&S on ADX
ABU DHABI / WAM Adnoc on Thursday announced the commencement of trading of Adnoc Logistics and Services plc (Adnoc L&S), a mission-critical global energy maritime and logistics leader, on the Abu Dhabi Securities Exchange (ADX), following the completion of its landmark IPO. The historic Adnoc L&S IPO drew the highest demand globally for any IPO so far in 2023, is ...
Read More »Dubai Industrial City attracts AED1b in funding at UAE forum
ABU DHABI / WAM Dubai Industrial City, a member of Tecom Group, announced that it has attracted almost AED1 billion in investments from local and global manufacturing companies, during its participation at the Make it in the Emirates Forum in the UAE. Investments by local rubber products producer Universal Rubber Belt Manufacturing and local polymer solutions provider Stars Plastics Industries, ...
Read More »Sheikh Sultan bin Ahmed attends UOS-Russian universities MoU signings
SHARJAH / WAM HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah, attended the signing of several MoUs between the University of Sharjah (UOS) and Russian universities, on Thursday at Dr Sultan Al Qasimi Centre. The Russian universities with which the University of Sharjah signed MoUs included Lomonosov Moscow ...
Read More »UAE, Zimbabwe explore government development
DUBAI / WAM The UAE government has received a government delegation from the Republic of Zimbabwe as part of the bilateral cooperation between the two countries in government development and modernisation. During the official visit, the delegation was introduced to the UAE’s key experiences in institutional management and government work. The delegation included Solomon Mhlanga; Albert Tagiwa Chikondo, Venia Kudzai ...
Read More »UAE leaders congratulate President of Samoa on Independence Day
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Afioga Tuimalealiifano Vaaletoa Sualauvi II, President of the Independent State of Samoa, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...
Read More »Mohammed bin Rashid sends invitation to COP28 to Prime Minister of Netherlands
ABU DHABI / WAMÂ His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, sent an invitation to Mark Rutte, Prime Minister of the Netherlands, to the Conference of the Parties to the UN Framework Convention on Climate Change (COP28), which will take place at Expo City Dubai this November. ...
Read More »On behalf of UAE President, Sheikh Khaled arrives in Amman to attend wedding
ABU DHABI / GULF TIMEÂ On behalf of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in Amman on Thursday to attend the wedding of His Royal Highness Crown Prince Al Hussein bin Abdullah II of the Hashemite Kingdom ...
Read More »Ministry, Shahin ink pact to drive UAE’s green mobility
ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) has signed a Letter of Intent (LoI) with Shahin, a new company in the process of setting up in Abu Dhabi by NEV Enterprise, a prominent GCC establishment, in a move towards sustainable industrial development and promoting electric mobility. The LoI, signed at the Make it in the ...
Read More »UAE, Switzerland foster collaboration in judicial affairs
ABU DHABI / WAM Ali Mohammed Alblooshi, Attorney-General of the emirate of Abu Dhabi, received in his office Stefan Blatler, Attorney-General of Switzerland; Massimo Badji, ambassador of Switzerland to the UAE; and the accompanying delegation. The meeting discussed opportunities for cooperation between the Abu Dhabi Public Prosecution Office and the Swiss Public Prosecution Office and the means to develop the ...
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