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Nadaq Dubai lists $600m sukuk by Kuwait’s AUB

Dubai / WAM Abdullah AlLanqawi, General Manager and Treasurer of Ahli United Bank (AUB) Kuwait, on Tuesday rang the Nasdaq Dubai market opening bell to celebrate the listing of a $600 million sukuk issued by the bank. The new listing has increased the total value of debt issuances listed on Nasdaq Dubai by Kuwaiti issuers to $1.51 billion. It has ...

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Emirates transports 100 tonnes of Covid-19 relief cargo to India

Dubai / WAM Emirates SkyCargo flew 100 tonnes of relief materials free of charge from Dubai to India during a three week period in May 2021 to support the Indian community to battle the second wave of the Covid-19 pandemic. Under the Emirates India Humanitarian Airbridge, Emirates donated cargo capacity to transport essential supplies such as relief tents and thousands ...

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All together now: ‘Tighter policy isn’t tight policy’

The shift under way in global monetary policy is more subtle evolution than revolution. For all the talk about a pivot toward higher interest rates, conditions are likely to remain relatively lax for years to come in the economies that matter most. Central banks are unlikely to engage in new aggressive approaches to spurring growth and buttressing markets; the global ...

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