ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB) has arranged an AED 1 billion sustainable bilateral facility for Aldar Properties PJSC (Aldar). The financing takes Aldar’s total ESG financing facilities to AED 4.8 billion as the company transitions towards sustainable financing for its projects and investments. The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with the ...

ABU DHABI/ WAM In the presence of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, Sheikh Salem bin Khalid Al Qassimi, Minister of Culture, on Tuesday, honoured 24 winners of the 17th edition of Al Burda Award. The award ceremony, held at Louvre Abu Dhabi, celebrated Islamic arts highlighting the exceptional talents that have enriched the legacy ...

BLOOMBERG Apple Inc’s plan to halt online sales of its smartwatch before Christmas to comply with a regulator’s order shows that it’s in a legal jam. The company has known for almost two months that a ban imposed by the International Trade Commission (ITC) would take effect from December 25 unless it persuaded the Biden administration to intervene — or ...