DUBAI / WAM Dr Aabed Al Saadoun, Chairman of the Arab Petroleum Investments Corporation, APICORP, on Tuesday rang the market-opening bell to celebrate the listing of a US$500mn Sukuk on Nasdaq Dubai. The total nominal value of Sukuk currently listed in Dubai has now reached US$37.81 billion, reinforcing its position as the largest centre in the world for Islamic bond …

ABU DHABI / WAM The recent completion of a solar power project for the Pacific nation of Vanuatu marks the latest stage of the ground-breaking United Arab Emirates-Pacific Partnership Fund (UAE-PPF). The installation of three new solar PV plants represents another milestone for an imaginative and innovative initiative that has captured international attention with its potential for developing countries. Mohamed …

ALKESH SHARMA / EMIRATES BUSINESS Building Information Modelling (BIM) technology could be the engine behind the success of 16 major railway projects worth US$352 billion that are currently underway in the Middle East and North Africa (MENA) region. It could go a long way in ensuring that the project deadlines and sustainability expectations are met. Experts say the cutting-edge technology …