ABU DHABI/WAM Mubadala Investment Company and Safran, a French multinational aerospace and defence corporation, have joined forces to accelerate aerospace innovation and development within the UAE. Announced at the Abu Dhabi Air Expo, this enhanced strategic framework agreement focuses on key areas of maintenance, manufacturing, human capital development, advanced material and space. This expanded collaboration leverages Mubadala’s established aerospace assets, …

ABU DHABI / WAM The Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, announced the results of the Islamic Treasury Sukuk (T-Sukuk) auction denominated in UAE dirhams, amounting to AED1.1 billion. This issuance is part of the Islamic T-Sukuk issuance programme for the fourth quarter …

DUBAI/WAM Nasdaq Dubai on Thursday announced the listing of 2 bonds by the Ministry of Finance of the People’s Republic of China. One is a three-year $1.25 billion bond, and another is a five-year $0.75 billion bond. The listing aligns with the UAE’s strategic commitment to enhance economic and financial collaboration with China, a partnership that has flourished over four …