ABU DHABI/WAM The Ministry of Finance (MoF), in its capacity as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and payment agent, successfully completed the auction of UAE Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) amounting to AED 1.1 billion. This issuance forms part of the T-Sukuk issuance program for the year 2025, as ...

ABU DHABI/WAM ADNOC Distribution, the UAE’s largest fuel and convenience retailer, on Wednesday announced that it is entering into a strategic partnership with noon, the Middle East’s leading digital ecosystem, through a memorandum of understanding (MoU). As part of this initiative, ADNOC Distribution and noon will explore opportunities to enhance last-mile delivery through AI-powered logistics collaboration. The collaboration was formalised ...

KATHMANDU/WAM Ram Chandra Paudel, President of Nepal, received HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, at the beginning of the UAE top diplomat’s working visit to Kathmandu. At the start of the meeting, HH Sheikh Abdullah conveyed the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to President Ram ...