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Kuwait issues inaugural $8bn bond offering

  Kuwait / Emirates Business The State of Kuwait on Wednesday announced that it has successfully issued its inaugural dual-tranche USD 8 billion bond offering into the international debt markets. Notes due in 2022 (the five-year Bonds) and for the value of USD 3.5 billion and notes due in 2027 (the 10-year Bonds) for the value of USD 4.5 billion. ...

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82% people in UAE have a positive view of businesses

  ABU DHABI / WAM Residents of the United Arab Emirates have a resoundingly positive view of the country they live in and of the future, in stark contrast to views from other countries around the world. According to Brunswick Insight’s global research, an overwhelming sense of well-being and security, trust in the capacity of business for doing good, and ...

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Empower’s third plant gets LEED Gold Certification

  Dubai / WAM Emirates Central Cooling Systems Corporation (EMPOWER) achieved LEED Gold Certification from the US Green Building Council for its third cooling plant located in Business Bay in Dubai. The certificate honours Empower’s efforts to preserve the environment, as the company is keen to ensure its projects are up to the international standards and its work goes in line ...

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