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UAE central bank announces M-Bills auction on April 1

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) announced an auction of Monetary Bills (M-Bills) on April 1. The auction includes four issues of M-Bills Treasury bonds. The first issue for 28 days will be up to AED3,500 million, the second for 84 days for up to AED4,500 million, the third for 168 days for up to ...

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Adib leads closure of AED863m sharia compliant transaction

ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) announced the successful closure of a sharia compliant syndicated transaction totalling AED865 million (USD 235 million) for BGN and Al Seer Marine to finance new and energy-efficient gas carriers. This financing marks the second tranche of a larger syndication amounting to US$370 million, which will be used to finance the construction ...

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Khaled bin Mohamed bin Zayed congratulates Gibran Rakabuming Raka on his election as Vice President of Indonesia

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has held a phone call with His Excellency Gibran Rakabuming Raka congratulating him on his election as Vice President of the Republic of Indonesia. His Highness wished further growth and prosperity for the people of Indonesia. His Highness expressed ...

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