ABU DHABI / WAM The Ministry of Finance, has successfully closed its offering of a US dollar-denominated 10-year $1.50 billion bond, maturing in July 2034. Issued with a yield of 4.857 percent, the bond represents a spread of 60 basis points over US Treasuries. The bond will be listed on the London Stock Exchange (LSE) and Nasdaq Dubai. The bond …

DUBAI / WAM Dubai Chambers has announced details of the agenda for the Dubai Business Forum – China, which will take place in Beijing from August 21 to 22. The first international edition of the Dubai Business Forum coincides with the 40th anniversary of diplomatic ties between the UAE and China. Held under the theme “China, Dubai and Beyond: Igniting …

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, issued Executive Council Decision No. 40 of 2024 appointing Ahmed Hassan Saleh Hassan Mahboub as the CEO of the Corporate Administrative Support Services Sector at the Roads and Transport Authority in Dubai (RTA). The decision is …