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Nasdaq Dubai lists $750mn EDB bond

Dubai / WAM Nasdaq Dubai welcomed the listing on Wednesday of a $750 million conventional bond by Emirates Development Bank (EDB). It is the first product to be listed on the exchange by the bank, which is wholly owned by the UAE government. The listing supports EDB’s mission which includes contributing to the economic prosperity of UAE nationals by providing ...

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UAE Government launches ‘Think AI’ initiative: Al Olama

DUBAI / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, highlighted the active role the UAE government is taking to realise the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, towards accelerating the adoption of artificial intelligence (AI), and its uses in ...

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Dubai SME signs deal to help country’s SMEs grow globally

DUBAI / WAM Dubai SME, the agency of the Department of Economic Development (DED), in Dubai mandated to develop the Small and Medium-sized Enterprise (SMEs), sector, has signed a Memorandum of Understanding (MoU), with Emaar Industries & Investments, to co-operate and collaborate in assisting local SMEs to be part of innovative projects and grow internationally. The MoU is part of ...

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