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Etihad signs deal with Boeing for maintenance on its 787 fleet

Abu Dhabi / WAM Etihad Airways, the national airline of the United Arab Emirates, has signed agreements with Boeing Global Services for the provision of maintenance support on its fleet of Boeing 787s. “These agreements are part of the strategic partnership between Etihad and Boeing signed in November 2019, in line with Etihad’s ongoing commitment to achieve excellence in all ...

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UAE’s stock markets gain AED8.7 billion

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 ...

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Emirates NBD marks $750mn bond listing on Nasdaq Dubai

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 ...

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