Abu Dhabi / WAM First Abu Dhabi Bank (FAB), issued bonds worth over AED3 billion via two separate public issuances in three days, marking its first ever Sterling bond and first Kangaroo bond since 2014. FAB issued its inaugural three-year AED2.15 billion fixed rate bond, under its $15 billion Euro Medium Term Note (EMTN), Programme. According to a statement released ...

DUBAI / WAM The UAE has strengthened its regional and international leadership in women’s empowerment, and is harnessing their potential to serve this purpose, as well as drafting frameworks and mechanisms to ensure gender balance, said Mohammed Jalal Al Raisi, Executive Director of the Emirates News Agency (WAM). “The UAE’s related efforts has made women’s empowerment a reality and has ...

ABU DHABI / WAM A total of 18 out of 19 national banks and financial companies registered in Emirati financial markets declared their financial figures for 2019, which highlighted an increase in their total net profits to AED46.47 billion, an increase of 11.6 percent compared to AED41.63 billion in 2018. The reported increase reflects the ability of the national banking ...