Abu Dhabi / WAM Upbeat sentiments drove UAE stock markets high, with traders focused on property and banking blue chips in Abu Dhabi and Dubai whose general indexes closed higher than the last trading session at 4,256 pts and 2,088pts, respectively, after securing gains of around AED8.7 billion in market cap.In the capital’s bourse, FAB rose to AED10.66 followed by ...

Dubai / WAM Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, on Wednesday rang the market-opening bell at Nasdaq Dubai to celebrate the listing of a $750 million conventional bond. The capital raised will assist the activities of Emirates NBD. The perpetual bond is callable after six years and pays a coupon of 6.125 percent. The ...

Abu Dhabi / WAM Zaki Nusseibeh, Minister of State, and Roberto Blanco Dominguez, Ambassador of Cuba to the UAE, have reviewed ways of boosting relations of cultural and technical cooperation between the two friendly countries. During the meeting, which was held virtually on Wednesday, Nusseibeh said that the UAE is keen to strengthen cultural cooperation with many countries of the ...