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World’s Coolest Winter campaign bolsters UAE’s position on global travel and tourism landscape: Bin Touq

DUBAI/ WAM Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the UAE Tourism Council, said that the fourth edition of the World’s Coolest Winter campaign, scheduled to take place from 9th January to 20th February, 2024, aligns the National Tourism Strategy 2031 and bolsters the UAE’s prominent position on the global travel and tourism landscape. The campaign ...

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FAB issues first Sukuk globally in 2024

ABU DHABI/ WAM First Abu Dhabi Bank (FAB) has issued a five-year US$800 million Sukuk at US Treasury +85bps, which resulted in an all-in yield of 4.779%. This issuance marks the first Sukuk issued globally in 2024 and stands as the region’s first offering for the year. The final spread for the Sukuk was set at 85 basis points over ...

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Sharjah Ruler promotes Khalid Al Qasimi as Head of Documents House

SHARJAH/ WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree appointing Head of the Documents House in the Emirate of Sharjah. The Decree stipulated that Sheikh Khalid bin Ahmed bin Sultan Al Qasimi, Director-General of the Department of e-Government in Sharjah, will be transferred to the Documents House ...

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