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UAE Foreign Minister receives EU Special Representative for the Gulf

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, received Luigi Di Maio, EU Special Representative for the Gulf region. Sheikh Abdullah and Di Maio reviewed friendly relations and ways to further develop cooperation between the UAE and EU countries in several sectors, including economic, trade, investment, energy and climate. The discussions covered the ...

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United Airlines resumes US flights after temporary grounding

BLOOMBERG United Airlines Holdings Inc suffered a temporary grounding of its aircraft nationwide due to a software update that caused a “widespread slowdown” in its technology systems. The Chicago-based carrier requested the grounding for its main operation and regional after its aircraft were unable to contact flight dispatchers using normal means, according to a posting on the Federal Aviation Administration’s ...

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ADCB prices $650m green bond to support net-zero economy

ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) has announced that it has successfully priced a $650 million green bond, the proceeds of which will be used to finance eligible green assets as outlined in ADCB’s Green Bond Framework. Following an extensive global investor roadshow, the green bond priced at a spread of 125 bps above US treasuries ...

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