SHARJAH / WAM Bank of Sharjah has acted as Joint Lead Manager and Bookrunner in the successful issuance of a US$500 million, three-year Green Sukuk for Omniyat Holdings, alongside other international and regional banks. The issuance attracted exceptional investor demand, with the order book oversubscribed 3.6 times. This strong interest from both international and regional investors reflects the global confidence ...

DUBAI / WAM Dubai Aerospace Enterprise (DAE) reported a net profit of US$85.8 million for the first quarter of 2025, marking a 26.5% increase compared to US$ 67.8 million during the same period in 2024. According to the company’s press release issued on Wednesday, profit before tax rose by 45% to reach US$101.2 million, up from US$69.7 million in Q1 ...

DUBAI / WAM Mohammed bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai South dedicated to the advancement of the aviation industry, recorded 5,275 movements achieved in Q1 2025, marking a 15 percent increase over the same period in 2024. This milestone underscores the rapid evolution of the business aviation ecosystem and further cements Al Maktoum International Airport’s position ...