ABU DHABI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a Memorandum of Understanding with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank Group, to boost export trade through the promotion of Shariah-compliant export credit and investment insurance instruments. With the aim of establishing ...

DUBAI / WAM In another first, investors globally will now be able to start their business in Dubai without having to be in the UAE, following an agreement between the Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), in Dubai, and the US-based Alliance Business Centres Network (ABCN). The partnership will enable investors ...

ABU DHABI / WAM Aldar Properties on Wednesday announced that its 100% owned subsidiary Aldar Investments has successfully issued its debut fixed rate US dollar denominated sukuk, with a tenor of 7 years, raising a total of $500 million. Aldar Investments is the region’s largest diversified real estate investment company. The new issuance demonstrates Aldar Investments’ ability to raise efficient ...