DUBAI / WAM Emirates NBD Capital Limited, the investment banking arm of Emirates NBD, announced that it has successfully closed Islamic Development Bank (IsDB’s) first ever USD Sustainability sukuk. The bank acted as Joint Lead Manager and Bookrunner for the landmark transaction by IsDB, rated Aaa/AAA/AAA by Moody’s/S&P/Fitch (each with stable outlook) The $1.5 billion, five-year sukuk is testament to ...

Dubai / WAM A series of reports from the Dubai Future Research, an initiative by the Dubai Future Foundation (DFF) anticipates the future of vital sectors in the aftermath of the ongoing global coronavirus crisis with several intelligence agencies worldwide exploring the adoption of Artificial Intelligence (AI) to counter cyber threats. In its eleventh “Life After Covid-19” report, the DFF, ...

Abu Dhabi / WAM The United Arab Emirates has expressed its support for the statements made by Egyptian President Abdul Fattah Al Sisi in Sidi Barrani on Sunday in Libya. The Ministry of Foreign Affairs and International Cooperation (MoFAIC) affirmed the UAE’s solidarity with the Arab Republic of Egypt in all measures taken to safeguard its security against alarming developments ...