ABU DHABI / WAM The net foreign assets held by the UAE national banks grew 17.5 percent to AED79.8 billion during the first fourth months of this year as compared to December 2019, statistics by the central bank of the UAE shows. The growth stems from the increase in the total balance of foreign assets of these banks to AED684.8 ...

ABU DHABI / WAM The value of Abu Dhabi trading in precious metals and gemstone increased to AED5.42 billion within the first quarter of the current year 2020 with a rate of 34.4 percent compared to the same interval of 2019 estimated at AED4.03 billion according to Abu Dhabi General Administration of Customs. Such increase in Abu Dhabi trading in ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has successfully issued a landmark HKD750 million five-year Green Bond through a private placement. In a statement by the bank on Monday, this deal represents the first Green Bond issuance by a Mena issuer denominated in Hong Kong Dollars (HKD) and the first Green Bond in HKD by an offshore financial ...