Recent Posts

Taqa completes $1.5 billion dual-tranche bond offering

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) on Sunday announced the successful placement of an aggregate $1.5 billion in 7-year and 30-year dual-tranche senior unsecured notes. The 7-year notes, sized at $750 million and maturing April 2028, were issued at a coupon rate of 2.0 percent. The 30-year notes, also sized at $750 million and maturing April ...

Read More »

India eases some GST rules to help taxpayers

Bloomberg India’s government eased some rules relating to indirect-tax compliance to ease the burden of citizens during the pandemic period. Reduced penalty and waiver of late fees on delayed goods and services tax payments were among the measures announced by the Finance Ministry on Sunday. Taxpayers were also allowed more time to file GST returns. For persons with turnover above ...

Read More »

UAE condemns Houthis’ attempt to target Saudi

ABU DHABI / WAM The UAE expressed its strong condemnation of attempts by the Iran-backed terrorist Houthi militia to target civilians and civilian objects in a systematic and deliberate manner in Khamis Mushait, Saudi Arabia, with a booby-trapped plane, which was intercepted by coalition forces. The UAE affirmed – in a statement issued by Ministry of Foreign Affairs and International ...

Read More »
Send this to a friend