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MOEI UAE inks six partnership deals for ‘Blue Pass’ project

DUBAI / WAM To enhance sustainability and promote the digital transformation of the maritime sector, the UAE Ministry of Energy and Infrastructure (MOEI UAE) signed agreements with six key industry entities for the “Blue Pass” initiative, making them strategic partners for the success of the platform. The signing took place during the 2023 edition of Seatrade Maritime Logistics Middle East, ...

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Aldar unit issues $500 million 10-year inaugural green sukuk

ABU DHABI / WAM Aldar Investment Properties (AIP), the largest real estate management company in Abu Dhabi and subsidiary of Aldar Properties PJSC (Aldar), has successfully raised $500 million through an inaugural green sukuk. The 10-year sukuk was priced with a 4.875 percent coupon rate and is amongst the highest price tightening of any corporate issuance in 2023. The effective ...

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RIT Dubai graduates 250 students in BS and MS programmes

DUBAI / WAM Under the patronage and in the presence of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Integrated Economic Zones Authority (Diez), Dubai Silicon Oasis-based Rochester Institute of Technology (RIT) celebrated the graduation of 250 students in BS and MS programmes for the academic year 2022-2023, including the first batch of MS graduates in “Professional Studies: ...

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