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ADIB launches new healthcare-focused equities basket note

ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) has launched a new healthcare-focused equities basket note. The structured note provides 95 percent capital protection, while offering no cap on the potential return and matures in 12 months. The note is open for subscription until February 4, with a minimum investment commitment of $50,000. Customers will have the option to ...

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RAK Airport, Gulf Air to enhance connectivity

RAS AL KHAIMAH / WAM Ras Al Khaimah International Airport (RAK International Airport) has signed a Memorandum of Understanding with Gulf Air, the national carrier of the Kingdom of Bahrain, with the agreement aiming to build connectivity between the emirate and the kingdom. Heralding a new phase of operations for RAK International Airport, which is quickly establishing itself as a ...

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Covid-19: UAE reports 3,311 new recoveries

Abu Dhabi / WAM The Ministry of Health and Prevention, MoHAP, announced that it conducted 163,049 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

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