DUBAI / WAM Dubai Aerospace Enterprise (DAE), announced on Monday that it has signed a $300 million four-year unsecured term loan with China Construction Bank DIFC Branch, and China Construction Bank (Asia) Corporation Limited. The principal amount of the loan can be increased to $500 million. The loan will support the future financing needs of the business. Commenting on the ...

Abu Dhabi / WAM The UAE’s two main bourses maintained their significant gains for the second straight day, with the market cap of the trading companies hitting AED6.4 billion during the two sessions of Monday and Sunday. Driven by the banking heavyweights, Abu Dhabi Securities Exchange General Index spiked to 5,213 points, an increase of 0.76% compared to the previous ...

DUBAI / WAM Chile is now intensifying preparations for its participation at Expo 2020 Dubai, under the theme of ‘Sustainability, Diversity, Tradition, and Progress’ which embrace the four pillars of Chile and the principles it values. On its 700 square metre country pavilion, Chile will be showcasing sustainable and reliable food production; renewable energy; productive and sustainable mining; sustainable tourism; ...