ABU DHABI / WAM Abu Dhabi Islamic Bank (Adib) announced the launch of its new product, ‘Istikrar’, the UAE’s first long-term, fixed-rate home finance. This product offers customers a consistent, fixed monthly installment throughout the chosen tenor rate, eliminating any variations or fluctuations. The new offering provides customers with more property financing options amid a high-rate environment. Fixed-term schemes offer ...

ABU DHABI / WAM A delegation from Abu Dhabi’s Department of Municipalities and Transport (DMT) has visited Singapore to enhance cooperation and partnerships between the United Arab Emirates and Singapore. The delegation engaged in meetings with key government officials and stakeholders in urban development and sustainable transport to learn about the latest trends and innovations in municipal work and transportation. ...

BLOOMBERG Luxury and commodity stocks drove European stocks to their first decline in seven days on concerns about China’s sluggish economy. Investors prepared for the latest batch of earnings that’s handed Wall Street banks some of their best results even as other industries are poised to slump. Resources giants Anglo American Plc, Glencore Plc and Rio Tinto Plc dropped after ...