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 …

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: …

MILAN / WAM The UAE and Italy discussed the means to strengthen bilateral economic partnership and boost investment exchanges in various new economy sectors, especially renewable energy, tourism, and FinTech, during a meeting held in Milan on Thursday. These efforts will help create new investment opportunities to support the sustainable economic growth through collaboration and partnerships between the two private …