Recent Posts

VP appoints new FAD director-general

  ABU DHABI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as Ruler of Dubai, issued Decree No. 20/2016 appointing Abdullah Mohammed Saeed Ghobash as Director-General of Dubai’s Financial Audit Department (FAD). The decree is effective from the date of issuance and will be ...

Read More »

TAQA issues 5-yr, 10-yr bonds

  ABU DHABI / WAM The Abu Dhabi National Energy Company, TAQA, finalised the issuance of US$500 million 3.625% senior notes due in June 2021 and US$500 million 4.375% senior notes due in June 2026. The proceeds of this issuance will be used for general corporate purposes and to pay back the US$1 billion bond maturing in October 2016. The ...

Read More »

Trap tightens on civilians as battles rage in Iraq’s Fallujah

  Fallujah / AFP The IS group battled Iraqi forces and held civilians hostage on Wednesday to defend its bastion of Fallujah, where three weeks of fighting has forced tens of thousands from their homes. Security forces have retaken significant parts of southern Fallujah over the past two weeks and are now attacking the extremists in the Jbeil neighbourhood, officers said. ...

Read More »
Send this to a friend