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ADFG plans $100mn private bond sale

Dubai / Reuters Abu Dhabi Financial Group (ADFG), a privately owned investment company with over $5 billion of assets under management, is considering issuing $100 million in debt through a privately placed bond, sources familiar with the matter said. The private placement, with a three-year tenor according to the sources, would come at a relatively calm time in the Gulf’s ...

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DMCC’s pact with China trade, logistics park to spur business

Dubai / WAM DMCC, the Government authority on trade, enterprise and commodities in Dubai, signed a Memorandum of Understanding with the Xi’an International Trade and Logistic Park at the Xian Dubai Free Trade Zone Economic Cooperation Conference, 2017, in China. The MoU aims to open doors for businesses in UAE and China looking to expand into new markets as well ...

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Mohammed attends launch of ‘gender balance guide’

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, , said that the UAE’s journey of progress, since it was launched by the late Sheikh Zayed bin Sultan Al Nahyan, to its completion by the UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, along with ...

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