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Al Hilal Bank raises US$225 million in sukuk placement

  Abu Dhabi / Emirates Business Al Hilal Bank acquired a Private Placement funding worth USD $225 million under its existing Trust Certificate Issuance Programme of USD$2.5 billion. This is the second tranche under the programme. The first funding secured was worth USD$500 million for five years, and was issued back in 2013. Al Hilal Bank, PJSC (A1/-/A+) is the ...

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EFC takes delivery of new Embraer Phenom 100E aircraft

  Abu Dhabi / Emirates Business Etihad Flight College (EFC), a wholly-owned subsidiary of Etihad Airways, the national airline of the United Arab Emirates, has taken delivery of the first of four Embraer Phenom 100E. Etihad Flight College will be the first flight school in the world to use the Phenom 100E in the initial phase of flying training. The ...

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Visa Checkout to make online shopping in UAE more secure

  Dubai / Emirates Business Visa (NYSE: V), a global payments technology company, announced that more online shopping sites in the UAE now offer Visa Checkout, the digital checkout service that allows shoppers to pay with their cards online and on any device that’s connected to the Internet, with just a few clicks. Visa Checkout-enabled shopping sites include Emirates Airline, ...

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