ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been appointed as a primary dealer for the Federal Treasury Sukuk Programme. This new programme has been launched by the federal government of the UAE, through the Ministry of Finance (MoF) and aims to issue Sukuk through Shariah-compliant structures as approved by the Higher Shari’ah …

SHARJAH / WAM Air Arabia (PJSC), the Middle East & North Africa’s largest low-cost carrier, has reported a strong first quarter in both financial and operational terms, recording a net profit of AED342 million for the first three months ending on March 31, 2023, which represents a 17 percent increase compared to the AED291 million profit recorded in the same …

ABU DHABI / WAM Etihad Airways is launching its seasonal services into the Portuguese capital of Lisbon on June 18 and is treating its guests with discounted fares. Guests can benefit from this offer to enjoy the old city known for its historical centre, stunning architecture, colourful azulejos, and fantastic food, with fares starting at AED2,995. Arik De, Chief Revenue …