Dubai / WAM Dr Zamir Iqbal, Vice President of Finance and Chief Financial Officer of the Islamic Development Bank (IsDB), on Tuesday rang Nasdaq Dubai’s market-opening bell to celebrate the listing of a $1.7 billion Sukuk on the region’s international financial exchange. The listing strengthens the IsDB’s position as the largest supranational Sukuk issuer on Nasdaq Dubai with a total ...

DUBAI / WAM The UAE and Russia on Tuesday signed an intergovernmental agreement pledging to promote the use of outer space for peaceful purposes and enhance cooperation between their space agencies in priority areas. Sarah bint Yousif Al Amiri, Minister of State for Advanced Technology and the Chairwomen of the UAE Space Agency, and Dmitry Rogozin, Director-General of the Russian ...

ABU DHABI / WAM International Holding Company (IHC) and Arena Events Group, a world-leading events services business listed on the London Stock Exchange, have announced a recommended AED 359 million ($98 million) cash offer at 21 pence per Arena Events Group ordinary share by IHC subsidiary, Theta Bidco Ltd, company created by IHC Industrial Holding LLC and Tasheel Holding Group ...