DUBAI / Reuters Etihad Airways has set its planned five-year sukuk at $1.5 billion, the upper end of an expected range of $1.25 billion to $1.5 billion, banks leading the transaction said on Wednesday. The UAE airline set the final spread for its debut Islamic debt issuance at 210 basis points over midswaps, after one bank involved said on ...

ABU DHABI / WAM UAE-based satellite operator Yahsat said on Wednesday the company had entered into a strategic partnership with Talia, a market-leading teleport, satellite and terrestrial network operator. Under the agreement, Talia is committed to capacity on Yahsat’s upcoming Ka-band Al Yah 3 satellite, located at 20 degree W, to be launched in 2017, alongside existing services on the ...

  ABU DHABI / WAM In line with his commitment to innovation as a key pillar of future government work, HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance of the UAE, inaugurated on Wednesday the Innovation Lab at the Ministry of Finance (MoF) Headquarters in Dubai. He attended the first brainstorming session ...