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ADIB successfully issues $500 million green senior sukuk marking world’s first ever green USD sukuk issued by a financial institution

ABU DHABI/ WAM Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today that it has successfully raised USD 500 million via a green Sukuk offering, marking the world’s first ever green USD sukuk issued by a financial institution. ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the ...

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UAE government adopts proactive approach to meet the requirements of the development march:Mohammed bin Rashid

ABU DHABI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, affirmed that the UAE government adopts a proactive approach to meet the requirements of the development march. His Highness Sheikh Mohammed bin Rashid Al Maktoum added: “A year ago, we launched ‘We the UAE 2031’… More than 152 federal government projects ...

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