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Abu Dhabi $7b multi-tranche global bonds listed on ADX

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) started listing of the government of Abu Dhabi’s $7 billion multi-tranche global medium term notes issued on April 8. The offering is part of Abu Dhabi’s medium-term strategy aimed to optimise the capital structure of the emirate, tapping into diverse funding sources whilst maintaining the current credit ratings. With orders ...

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Air Arabia evacuates Emiratis from Pakistan

ABU DHABI / WAM Air Arabia has announced that it operated new repatriation flights between Pakistan and UAE, carrying Emiratis back home free of charge. Two special flights were operated between Lahore and Multan in Pakistan and Sharjah International Airport on April 24-25, the Sharjah-based airline said. Air Arabia underlined its commitment to bring stranded UAE citizens back home as ...

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Covid-19: Etihad to distribute Ramadan boxes across UAE

Abu Dhabi / Emirates Business Etihad Airways has launched the Etihad Ramadan Box initiative to bring Iftar meals to homes across the UAE. The airline has partnered with Zomato, the world’s largest restaurant search and discovery platform and one of the UAE’s largest food delivery apps, to deliver these meals to those affected by the novel coronavirus (Covid-19) including hospitals, ...

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