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Mohammed bin Rashid visits UAE Pavilion at Expo 2025 Osaka

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, visited the UAE Pavilion at Expo 2025 Osaka, Kansai today, reaffirming the UAE’s commitment to global dialogue and its future-focused vision for collective progress. Expo 2025 Osaka, Kansai is the first World Expo to be held following Expo 2020 Dubai — a landmark ...

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Ajman Bank successfully prices US$500 million inaugural 5-year Sukuk

DUBAI/WAM Ajman Bank P.J.S.C., the first Islamic Bank incorporated and headquartered in the Emirate of Ajman, successfully priced a US$500 million 5-year Sukuk at a credit spread of 130 basis points over the United States treasury rate, which equates to a fixed profit rate of 5.125% per annum. The transaction garnered a high-quality orderbook peaking over US$2.7bn, representing a 5.4x ...

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Hamdan bin Mohammed launches Dubai AI Academy

DUBAI/WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Board of Trustees of the Dubai Future Foundation, launched the Dubai AI Academy, a major new initiative aimed at mainstreaming artificial intelligence (AI) education and advancing its adoption across vital sectors of the economy. The launch ...

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