ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) announced the successful closure of a sharia compliant syndicated transaction totalling AED865 million (USD 235 million) for BGN and Al Seer Marine to finance new and energy-efficient gas carriers. This financing marks the second tranche of a larger syndication amounting to US$370 million, which will be used to finance the construction …

ABU DHABI / AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has held a phone call with His Excellency Gibran Rakabuming Raka congratulating him on his election as Vice President of the Republic of Indonesia. His Highness wished further growth and prosperity for the people of Indonesia. His Highness expressed …

  WORLD CAPITALS / WAM Gold prices were flat in range-bound trade on Wednesday as the dollar ticked higher, with cautious investors awaiting more cues on the US Federal Reserve’s monetary policy direction, Reuters said. Spot gold was steady at $2,179.33 per ounce, as of 0747 GMT. Also, US gold futures were little changed at $2,178.50. Spot silver was flat …