Sharjah / WAM Arada has successfully closed a $100 million tap of its existing $350 million sukuk, which was issued in June and listed on the London Stock Exchange. The tap was priced at 99 cents on the dollar, with an investor yield of 8.386%. Arada’s existing five-year fixed rate RegS debut sukuk issuance was rated BB- by Fitch and ...

  Abu Dhabi / WAM EasyLease, the leading Mobility Solution company, a subsidiary of Abu Dhabi-based International Holdings Company (IHC), released its financial results and board meeting resolution letter for the third quarter of 2022, after market close on Friday, recording 32% YTD increase in net profit, higher by 17% than the market estimate. Easy Lease has posted a standalone ...

  Abu Dhabi / WAM The Ministry of State for Federal National Council Affairs (MFNCA) claimed two Gold Stevie awards in the International Stevie Business Awards 2022, after ranking first in the Human Resources Department of the Year and Organisation of the Year (Government Organisations) categories. The International Business Awards are among the most prestigious international business awards for creativity, ...