Bloomberg TikTok asked a federal judge in Washington to block the Trump administration from enacting a ban on the fast-growing social-media network. TikTok and its parent company, ByteDance Ltd., filed a complaint challenging the Trump administration’s recent moves to prevent the app from operating in the US. The lawsuit marks the second time TikTok has challenged President Donald Trump’s actions ...

Sharjah / WAM Sharjah Islamic Bank’s (SIB) $500 million sukuk received the ‘Sukuk Deal of the Year 2020’, at the 10th Global Islamic Finance Awards (GIFA). SIB, which enjoys strong investment grade ratings of A- by Standard & Poors, A3 by Moody’s, priced a AED 1.83 billion 5-year sukuk, with a profit rate of 2.85 per cent per annum. The ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) and the National Emergency Crisis and Disasters Management Authority (NCEMA) have announced a set of protocols for regulating social events and gatherings which are aimed at containing the spread of Covid-19 and ensure the highest levels of prevention and safety approved by the health authorities. The protocols set rules ...