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UAE launches T-Sukuk with auction size of AED1.1bn

ABU DHABI / WAM The UAE, represented by the Ministry of Finance (MoF) as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced launching a dirham- denominated Islamic Treasury Sukuk (T-Sukuk), with a benchmark auction size of AED1.1 billion. Mohamed bin Hadi Al Hussaini, Minister of State for ...

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Integrate Middle East to discuss impact of latest technologies

DUBAI / WAM Integrate Middle East, a significant new learning and networking event for the entire Pro AV and System Integration value chain, is set to highlight the rapid development of the education and training technology (EdTech) market, for the first time at the Dubai World Trade Centre, from May 16-18. As more schools and corporates across the region are ...

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US-China tensions raise trade shifts, says Ocean Network

BLOOMBERG Political tensions between the US and China are contributing to lower container shipments between the world’s two largest economies, on top of an already-underway reshaping of global trade, according to a major shipping industry boss. “We are seeing a de-leveraging of trade between the US and China,” Jeremy Nixon, chief executive officer of Ocean Network Express, said at the ...

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