DUBAI / WAM Dr Aabed Al Saadoun, Chairman of the Arab Petroleum Investments Corporation, APICORP, on Tuesday rang the market-opening bell to celebrate the listing of a US$500mn Sukuk on Nasdaq Dubai. The total nominal value of Sukuk currently listed in Dubai has now reached US$37.81 billion, reinforcing its position as the largest centre in the world for Islamic bond ...

ABU DHABI / WAM The recent completion of a solar power project for the Pacific nation of Vanuatu marks the latest stage of the ground-breaking United Arab Emirates-Pacific Partnership Fund (UAE-PPF). The installation of three new solar PV plants represents another milestone for an imaginative and innovative initiative that has captured international attention with its potential for developing countries. Mohamed ...

ALKESH SHARMA / EMIRATES BUSINESS Building Information Modelling (BIM) technology could be the engine behind the success of 16 major railway projects worth US$352 billion that are currently underway in the Middle East and North Africa (MENA) region. It could go a long way in ensuring that the project deadlines and sustainability expectations are met. Experts say the cutting-edge technology ...