Abu Dhabi / WAM Senaat, one of the largest industrial investment holding companies in the UAE, announced that it has successfully entered into an agreement with 11 financial institutions to receive a revolving credit facility of US$400 million. The facility, split between 3-year and 5-year tranches, will be utilised in lieu of the existing $750 million Revolving Credit Facility, which …

  Dubai / WAM Shaheen Al Ghanem, Chief Executive of Warba Bank, one of Kuwait’s leading banks, on Monday rang the market-opening bell to celebrate the listing on Nasdaq Dubai of a US$250 million Perpetual Tier 1 Basel III compliant Capital Sukuk, Islamic bond. The ceremony took place in the presence of Essa Kazim, Governor of Dubai International Financial Centre (DIFC) …

  DUBAI / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager of renowned destinations across the Emirate, announced its continued Strategic Partnership with the International Property Show (IPS) taking place from April, 2-4 at the Dubai World Trade Centre (DWTC), Dubai. This marks the third year that the real estate developer partnered with …