ABU DHABI / Gulf Time Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has raised over AED587 million ($160 million) through its new flagship fund, the ADIB Global Sukuk Fund which was launched in October 2021. The fund offers investors an opportunity to invest in a diversified portfolio of regional and international sukuk instruments. It is designed ...

  ABU DHABI / WAM Apex Holding, a subsidiary of International Holding Company (IHC), and a diversified operating holding company investing across multi sectors, has agreed to Ras Al Khaimah Cement Investment (Rakcic) sale and purchase deal. The transaction was approved by the board members of Rakcic, and subject to regulatory approvals. Through this agreement, Ras Al Khaimah Cement Investment ...

  Abu Dhabi / WAM Masdar, one of the world’s leading renewable energy companies and the host of Abu Dhabi Sustainability Week (ADSW), has announced the opening of registration for the 2022 Youth 4 Sustainability (Y4S) forum, a series of youth-led discussions taking place from January 17–19 as part of ADSW 2022. The Y4S platform, held under the patronage of ...