Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) listed 1 billion euros of bonds issued by Emirates Telecommunications Group Company (Etisalat) in two equal tranches maturing in 2028 and 2033. The bonds were more than six times over-subscribed. Etisalat Group’s 500 million euro 7-year notes mature on May 17, 2028 and carry a 0.375 percent coupon, while the 12-year ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has ordered an aid flight to transport much needed aid to volcano-hit Goma in Democratic Republic of the Congo on the request of the humanitarian community. An aid flight chartered by the International Humanitarian City (IHC) left Dubai ...

DUBAI / WAM Fitch Solutions, the content partners of Arab Health 2021, estimated that the UAE’s medical device market will reach AED5.6 billion by 2025, with an annual compound growth rate (CAGR) of 4.4 percent from 2020-2025. According to the Q2 2021 Fitch Solutions United Arab Emirates Medical Device report, the market will benefit from an overall strong economic performance ...