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Sheikh Zayed has made a miracle on UAE’s land: Sheikha Fatima

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has said that the August 6, 1966, the date of the late Sheikh Zayed bin Sultan Al Nahyan’s accession as the Ruler of Abu Dhabi, will always remain ...

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UAB secures $185mn funding

DUBAI / WAM United Arab Bank (UAB) announced the successful conclusion of its $185 million syn- dicated term financing facilities signed on July 30. The two-year bullet term financing facilities comprise a conventional facility and a commodity murabaha financing facility, each carrying a margin of 1.50 % p.a. over Libor. Both facilities have a 1-year extension option at the end ...

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US has an edge over China in tariff war

Bloomberg President Donald Trump defended his use of tariffs that have inflamed tensions with China and Europe, telling an audience of diehard supporters that playing hardball on trade is “my thing.” “We have really rebuilt China, and it’s time that we rebuild our own country now,” Trump said during about an hour of free-wheeling remarks at a rally outside Columbus, ...

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