Recent Posts

Abu Dhabi to sell $10bn bonds in three tranches

ABU DHABI / WAM Abu Dhabi will sell $10 billion of bonds in a three-part debt deal in its first international offering in two years as it takes advantage of relatively low borrowing costs. The oil-rich emirate is offering $3 billion in five-year fixed notes, $3 billion notes due 2029 and $4 billion in 30-year notes, according to a person ...

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38 Emirati N-reactor operators certified

ABU DHABI / WAM The second group of 38 multinational Senior Reactor Operators (SROs), and Reactor Operators (ROs), of the Nawah Energy Company, have been officially certified by the Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator. The total number of qualified operators now reached 53, well above the 32 required to operate Unit 1 at the ...

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DAE wins $1.4b investment mandate to manage aircraft

DUBAI / WAM Dubai Aerospace Enterprise (DAE), on Monday announced that it had been mandated by one of the world’s largest fund managers to source and manage aircraft valued at approximately $1.4 billion. Dubai Aerospace Enterprise will acquire the assets, and its best-in-class Aircraft Investor Services (AIS), platform will manage the assets on behalf of the investor. The multi-year mandate will ...

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