DUBAI / WAM Dubai Islamic Bank (DIB) has successfully priced a $1 billion Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 4.625 percent per annum. This transaction carries the lowest ever yield achieved by any bank globally on an AT1 Sukuk issue and is the only AT1 Sukuk from the GCC in 2020. Despite the turmoil ...

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has launched the new updated version of the smart patient portal dubbed “Chefaa” to serve the largest segment of patients of all age groups by showcasing treatment services provided by the ministry and other patient-centric services. The new platform will act as the digital communication between patients and service providers, ...

Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR) announced the establishment of its Youth Council to nurture and support its future Emirati nuclear experts in the field of nuclear regulation. The council aims to provide an environment to empower the youth and nurture their ambitions and ideas, paving the way for developing the future generation of Emirati ...