DUBAI / WAM Emirates NBD has signed a $750 million 5-year Dual Tranche Financing Facility with Emirates. The landmark transaction remains competitively priced and marks a first for Emirates Airline as a sales-receivable backed financing structure, aimed to diversify their liquidity pool. Emirates NBD, one of the leading banking groups in the Menat (Middle East, North Africa and Turkey) region, ...

KUWAIT / WAM A delegation from the Federation of UAE Chambers of Commerce and Industry has discussed, during a visit to Kuwait, means of boosting cooperation and promoting investment opportunities in the two countries. This came during a business meeting between Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of Abu ...

ABU DHABI / WAM Ahmed Ali Al Sayegh, Minister of State, has received Dan Tehan, Australian Minister for Trade, Tourism and Investment, accompanied by a delegation including Heidi Venamore, Australian Ambassador to the UAE, and Ian Halliday, Consul-General. During the meeting, which was held at the Ministry of Foreign Affairs and International Cooperation in Abu Dhabi, Al Sayegh welcomed the ...