ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to President Luiz Inácio Lula da Silva of the Federative Republic of Brazil, over the victims of the devastating tornado that hit the state of Paraná, which resulted in several deaths and injuries, wishing a speedy recovery to all those injured. His Highness …

DUBAI/WAM Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, met with Mpho Parks Tau, South Africa’s Minister of Trade, Industry and Competition, to discuss ways to increase trade, investment, and private-sector collaboration between the two nations. The meeting underscored the UAE’s commitment to strengthening its economic relationships with South Africa and the wider African continent, recognising their increasing …

SHARJAH/WAM Bank of Sharjah has successfully acted as Joint Lead Manager and Bookrunner in the issuance of a US$550 million five-year senior unsecured Sukuk for Ittihad International Investment LLC, alongside other international and regional banks. The transaction witnessed exceptional investor demand, with the order book oversubscribed more than four times, reaching US$2 billion. This strong response underscores the confidence of …