Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday inaugurated the Phase 2 of the Mohammed bin Rashid Al Maktoum Solar Part at Seih Al Dahal in Dubai. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive …

  Abu Dhabi / WAM Senaat, one of the largest industrial investment holding companies in the UAE, announced that it has successfully entered into an agreement with 11 financial institutions to receive a revolving credit facility of US$400 million. The facility, split between 3-year and 5-year tranches, will be utilised in lieu of the existing $750 million Revolving Credit Facility, which …

  Dubai / WAM Shaheen Al Ghanem, Chief Executive of Warba Bank, one of Kuwait’s leading banks, on Monday rang the market-opening bell to celebrate the listing on Nasdaq Dubai of a US$250 million Perpetual Tier 1 Basel III compliant Capital Sukuk, Islamic bond. The ceremony took place in the presence of Essa Kazim, Governor of Dubai International Financial Centre (DIFC) …