DUBAI / WAM Nasdaq Dubai on Tuesday welcomed the listing of a US$500 million Senior Sukuk issued by Ajman Bank, marking the bank’s first Sukuk issuance and debut listing on the international exchange. Issued under Ajman Bank’s $1.5 billion Trust Certificate Issuance Programme, the Sukuk attracted strong investor demand, achieving 5.4 times oversubscription and garnering interest from over 100 global ...

TOKYO / WAM VLC Holdings Ltd (VLCHD), a leading Japanese technology company listed on the Nagoya Stock Exchange, and Cyber Falcon Cyber Security Services, a subsidiary of Abu Dhabi-based Inovartic Investment, signed a Memorandum of Understanding (MoU) to establish cybersecurity training facilities across the UAE. The MoU was signed during the Abu Dhabi–Tokyo Business Connect forum, recently organised by the ...

ABU DHABI / WAM AD Ports Group, a leading facilitator of global trade, logistics, and industry, signed a Head of Terms Agreement with Advario, a leading global provider of tank storage and infrastructure solutions, to explore establishing a joint venture to develop and operate green energy and liquid bulk storage projects in the UAE and globally. The proposed joint venture, ...