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Sukoon acquires Chubb’s UAE’s insurance portfolio

ABU DHABI / WAM DFM-listed Sukoon announced that it has finalised the acquisition of the UAE life insurance portfolio of Chubb Tempest Life Reinsurance. The transfer, which includes unit-linked insurance policies and life insurance policies, has been approved by the relevant regulatory authorities, including the Central Bank of the UAE and the Bermuda Monetary Authority, the company said in a ...

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Dubai Culture launches ‘Talent Atelier’ programme for Emirati designers

ABU DHABI / WAM Dubai Culture and Arts Authority (Dubai Culture) has announced the launch of the 1st edition of ‘Talent Atelier’ programme, organised in collaboration with L’ÉCOLE Middle East, School of Jewelry Arts supported by Van Cleef & Arpels. The programme aligns with Dubai Culture’s efforts to strengthen the cultural and creative industries, reinforcing the emirate’s position as a ...

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Adnoc prices triple tranche debut bond transaction

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) PJSC announced on Thursday that its wholly-owned subsidiary, Adnoc Murban RSC Ltd (Adnoc Murban), the primary debt capital markets issuing and rated entity for Adnoc Group, has successfully priced its inaugural offering of notes under its newly established Global Medium Term Note (GMTN) Programme in three tranches with an aggregate ...

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