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UAE, Egypt keen to strengthen cooperation in defence sector

Cairo / WAM During his official visit to Egypt, Major General Dr. Mubarak Saeed bin Ghafan Al Jabri, Assistant Under-Secretary for Support and Defence Industries at the Ministry of Defence, met with Major General Kamal Wafaa Radwan, Head of the Armament Authority of the Egyptian Ministry of Defence. The two sides discussed new opportunities for strengthening the overall relations between ...

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IsDB raises $1.6 billion from sukuk issuance

  Jeddah / WAM Dr Zamir Iqbal, Vice President, Finance, chief financial officer of the Islamic Development Bank (IsDB), said the bank collected $1.6 billion from its first sukuk issuance in April. The AAA-rated issuance was executed in line with the bank’s $4.1 billion financing plan for 2022, approved by the chairman. In his statement to the Emirates News Agency ...

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Edge to bolster position in national security, law enforcement markets

Abu Dhabi / WAM Edge is making its debut at the International Exhibition for National Security and Resilience (ISNR Abu Dhabi), from October 10-12 at the Abu Dhabi National Exhibition Centre (Adnec). Edge will demonstrate how its products and services provide a competitive advantage to customers and strengthen national security in the UAE. SIGN4L, Beacon Red, Katim, Caracal, and Lahab ...

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