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Dubai to host world’s biggest humanitarian event

DAVOS / WAM The UAE on Wednesday announced that it will co-host the world’s biggest humanitarian event on 26th September 2020. Dubai will host one of ten simultaneous live events organised by Global Citizen, the international organisation that aims to build a movement to end extreme poverty by 2030. The news was announced as part of the UAE delegation’s participation ...

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Fujairah launches coexistence survey

FUJAIRAH / WAM The Fujairah Statistics Centre began a survey to measure the level of coexistence in Fujairah, which is the first such survey in the country that aims to measure community tolerance and coexistence and encourage honest national community dialogue. The survey is part of a partnership between the Federal Competitiveness and Statistics Authority and participating local centres. Dr ...

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Shuaa Capital issues GFH’s $300m sukuk

DUBAI / WAM Shuaa Capital on Wednesday announced that along with other parties, it had successfully priced and issued GFH Financial Group’s five-year sukuk at $300 million. The sale of the sukuk, held on January 21, was more than twice oversubscribed, with orders of over $700 million. Mustafa Kheriba, Deputy CEO and Group Head of Asset Management at Shuaa, commented, ...

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