Recent Posts

Dubai crowned No.1 global destination in Tripadvisor Travellers’ Choice Awards for third consecutive year

DUBAI/ WAM Dubai has secured the top spot as the No. 1 global destination in the Tripadvisor Travellers’ Choice Best of the Best 2024 awards for the third consecutive year, making it the first city to achieve this remarkable milestone in succession. The recognition comes as the city marks the first anniversary of the Dubai Economic Agenda, D33, underscoring the ...

Read More »

World’s Coolest Winter campaign bolsters UAE’s position on global travel and tourism landscape: Bin Touq

DUBAI/ WAM Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the UAE Tourism Council, said that the fourth edition of the World’s Coolest Winter campaign, scheduled to take place from 9th January to 20th February, 2024, aligns the National Tourism Strategy 2031 and bolsters the UAE’s prominent position on the global travel and tourism landscape. The campaign ...

Read More »

FAB issues first Sukuk globally in 2024

ABU DHABI/ WAM First Abu Dhabi Bank (FAB) has issued a five-year US$800 million Sukuk at US Treasury +85bps, which resulted in an all-in yield of 4.779%. This issuance marks the first Sukuk issued globally in 2024 and stands as the region’s first offering for the year. The final spread for the Sukuk was set at 85 basis points over ...

Read More »
Send this to a friend