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Masdar launches first $750 million 10-year Green Bond

ABU DHABI / WAM Abu Dhabi Future Energy Company – Masdar – announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. The orderbook peaked at US$ 4.2 billion supported by heavy demand from regional and international investors, i.e. oversubscription of 5.6x. Pricing tightened 35bps between launch and final terms, with a ...

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UAE-Türkiye partnership a driver of development across next decade: Turkish Ambassador

ABU DHABI / WAM The tour of Recep Tayyip Erdogan, President of Türkiye, to Gulf Cooperation Council (GCC) countries, which includes a visit to the UAE, his first since his re-election, highlights Türkiye’s growing relations with the UAE and other GCC countries, said Tugay Tunçer, Ambassador of Türkiye to the UAE. In a statement to the Emirates News Agency (WAM), ...

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UAE and Turkish Presidents witness announcement of accord and agreements worth over $50 bn to boost strategic partnership

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Turkish President Recep Tayyip Erdogan today witnessed the announcement of a joint accord on the establishment of a high-level strategic council between the UAE and Türkiye, further cementing ties between the two nations. The two leaders also witnessed the exchange of several agreements and Memoranda of Understanding ...

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MoHRE coordinates with delivery companies to provide 356 rest stations for workers

DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) announced an initiative to provide 356 rest stations equipped with essential services for delivery drivers across the UAE. The initiative is implemented in coordination with private sector delivery companies with the support of relevant government entities. The Ministry said this initiative reflects a shared commitment to the safety and ...

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UAE, Türkiye drive effective climate change cooperation

ABU DHABI / WAM The UAE and Türkiye, driven by their commitment to climate action, have embarked on a series of collaborations aimed at addressing climate change and fostering environmental sustainability. These two nations have recently signed multiple agreements and memorandums of understanding (MoUs) to enhance their cooperation in climate and environmental-related areas. During Turkish President Recep Tayyip Erdogan’s visit ...

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Adib achieves significant ESG rating upgrade by Sustainalytics

DUBAI / WAM Abu Dhabi Islamic Bank (Adib) has achieved an upgrade to its environmental, social, and governance (ESG) risk score by Sustainalytics, one of the world’s leading ESG rating agencies. Adib’s overall Sustainalytics ESG risk score has improved from 34.25 in 2022 to 29.6 in 2023, reflecting a significant leap that transitioned Adib from the ‘high risk’ category to ...

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DXB receives ACI accessibility accreditation for inclusive travel

DUBAI / WAM Dubai International (DXB) has received accreditation from the Airports Council International (ACI) under its Accessibility Enhancement Accreditation Programme, a first-of-its-kind initiative that recognises global airports’ commitment to accessible travel operations. The certification acknowledges DXB’s ongoing prioritisation of a safe and inclusive airport experience for passengers with physical and hidden disabilities. This aligns with the 2019 ACI World ...

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