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Nasdaq Dubai celebrates listing of $500 million Sukuk by Arada

DUBAI / WAM Nasdaq Dubai welcomed the listing of a $500 million Sukuk by Arada, the UAE’s fastest-growing master developer. The Sukuk is the first issuance by Arada on the region’s international financial exchange, further solidifying Dubai’s position as one of the largest Sukuk listing venues globally, with a total value of $77 billion. To celebrate the successful listing, Ahmed ...

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EDB unveils AED100m AgriTech plan to boost UAE food security

ABU DHABI / WAM Emirates Development Bank (EDB) today unveiled the UAE’s first-of-its-kind AgriTech Loans Programme, set to allocate a substantial AED 100 million in financing support for the country’s vital food security sector. The new AgriTech Loans Programme is designed to enable a sustainable and thriving national agriculture sector, positioning the UAE as a global leader in agricultural innovation. ...

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ADX delegation concludes second London roadshow

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has successfully concluded its second roadshow in London, which was organised in collaboration with HSBC. The roadshow was well attended and attracted major international and institutional investors. ADX’s delegation included senior executives from ADX-listed companies and the exchange. The roadshow was part of HSBC Middle East’s second GCC stock exchange conference ...

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