BLOOMBERG The European Union (EU) has formally launched an anti-subsidies probe into electric vehicles (EV) manufactured in China, setting in motion a one-year investigation that could see provisional measures such as countervailing duties imposed in the next nine months. The probe, which was announced by European Commission President Ursula von der Leyen in September, will focus on new battery-powered electric …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Friday met with US Senator Joni Ernst of Iowa to discuss ways to further solidify the strategic alliance between the two nations in various fields. During the meeting at Qasr Al Shati, the two sides exchanged views on a number of regional and international developments …

ABU DHABI / WAM First Abu Dhabi Bank (FAB), UAE’s largest bank and one of the world’s largest and strongest financial institutions, successfully issued its inaugural USD Tier 2 capital securities on Tuesday, September 26,2023. The USD 1 billion 10.5NC5.5-Year Tier 2 Bond is the largest-ever Tier 2 issuance from a UAE bank and the largest-ever Tier 2 conventional bond …