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FAB issues largest-ever USD tier 2 bond from a UAE Bank

ABU DHABI / WAM First Abu Dhabi Bank (FAB), UAE’s largest bank and one of the world’s largest and strongest financial institutions, successfully issued its inaugural USD Tier 2 capital securities on Tuesday, September 26,2023. The USD 1 billion 10.5NC5.5-Year Tier 2 Bond is the largest-ever Tier 2 issuance from a UAE bank and the largest-ever Tier 2 conventional bond ...

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UAE as hub will help ‘I2U2 food security corridor in India’ control global food prices: Indian Minister

ABU DHABI / WAM The UAE as a geographical and business hub will help the proposed ‘food security corridor project in India under the I2U2 framework’ control global food prices, Piyush Goyal, Indian Minister of Commerce and Industry; Consumer Affairs, Food, Public Distribution and Textiles, told the Emirates News Agency (WAM). “The UAE as a trading hub can cater to ...

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UAE has pioneering initiatives, innovative strategies to achieve climate neutrality: Minister of Energy of Barbados

ABU DHABI / WAM Senator Lisa Cummins, Minister of Energy and Business Development of Barbados, said that the UAE has pioneering initiatives and innovative strategies to achieve climate neutrality, wishing the UAE success in hosting COP28, given the country’s distinguished record in adopting renewable and clean energy solutions worldwide. In a statement to the Emirates News Agency (WAM), Cummins praised ...

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