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CBD marks listing of $600m AT1 bond on Nasdaq Dubai

Dubai / WAM Dr Bernd van Linder, Chief Executive of Commercial Bank of Dubai (CBD) rang the market-opening bell at Nasdaq Dubai on Wednesday to celebrate the listing of a $600 million AT1 conventional bond. The six-year bond with a 6 percent interest rate was 2.1 times subscribed, and allocated to investors in the Middle East (61%), Europe (24%) and ...

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Covid-19: UAE sees 15% drop in confirmed cases

Abu Dhabi / WAM Dr Omar Abdulrahman Al Hammadi, Official Spokesman of the UAE Government said that this week, 803,579 tests were conducted around the country, a three percent increase compared to the previous week, adding that the data showed a 15 percent decrease in confirmed cases, amounting to 8,525. Dr Al Hammadi explained the data and statistics collected by ...

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Mina Rashid bags Mideast’s leading cruise port award

Dubai / WAM DP World, UAE Region has announced that its Mina Rashid has won the award for the Middle East’s Leading Cruise Port for the 13th consecutive year at the World Travel Awards (WTA), 2020. Considered as a noteworthy accolade in the travel industry, the award included nominations of cruise ports from around the world. Commenting on the announcement, ...

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