Recent Posts

FTA inks MoU with Safeen

ABU DHABI / WAM The Federal Transport Authority (FTA) – Land and Maritime, signed a Memorandum of Understanding (MoU) with Safeen, the marine services subsidiary of Abu Dhabi Ports, to provide emergency response services and support maritime rescue operations throughout the territorial waters of the United Arab Emirates. Under the terms of the MoU, Safeen will work closely with the ...

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Sharjah leads global list of high-growth ecosystems

Sharjah / WAM Sharjah has been ranked in top in high growth activation phase ecosystems in newly launched Global Startup Ecosystem Report (GSER) marking a milestone in the emirate’s journey towards becoming a thriving global startup hub. In line with the Sharjah Entrepreneurship Center’s mandate to put Sharjah on the map as an entrepreneurial hub locally and internationally, Sheraa has ...

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IsDB issues $1.5bn sukuk to support Covid-19 initiatives

DUBAI / WAM Nasdaq Dubai welcomed the listing on Sunday of a $1.5 billion sukuk issued by Islamic Development Bank (IsDB) to support Covid-19 relief initiatives. The capital raised will fund medical, social and business projects in many of the bank’s 57 member countries aimed at protecting health and improving lives. The sukuk is the second to be issued under ...

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