SHARJAH / WAM Sharjah Islamic Bank (SIB), appointed banks to arrange investor meetings ahead of the issuance of a US dollar-denominated Islamic bond, also known as Sukuk, the bank has announced. SIB has mandated Citi, HSBC and Standard Chartered Bank as Joint Global Coordinators and Joint Structuring Agents for a benchmark size T1 Sukuk issuance. The instruments are priced following ...

Abu Dhabi / WAM A high-level trade and investment delegation organised by the Ministry of Economy under the chairmanship of Sultan bin Saeed Al Mansouri, Minister of Economy, will participate at the Africa Trade Week, set to be held in Johannesburg, South Africa, from June 23-25, under the theme ‘Africa – The New Home for Trade.’ The delegation includes Abdullah ...

Dubai / WAM A training workshop focused on using data and the workplace skills of the future was held in Jordan’s capital, Amman, and saw the participation of 40 young men and women. The workshop was held by the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF), in conjunction with the United Nations Development Programme (UNDP). The activity complemented the efforts ...

PARIS / WAM The Château de Fontainebleau’s historic Imperial Theatre has reopened to the public, following years of restoration works made possible by contributions from the Department of Culture and Tourism – Abu Dhabi. In recognition of Abu Dhabi’s contribution to the restoration, the theatre has been renamed as the Sheikh Khalifa bin Zayed Al Nahyan Theatre. HH Sheikh Abdullah ...

SHARJAH / WAM “World Refugee Day, which falls on June 20, is an annual reminder of pressing questions dealing with the reality and future of the 68 million people who have fled their homes to escape war, prosecution or terror. Every minute of every day, the staggering number continues to grow,” said HH Sheikha Jawaher bint Mohammed Al Qasimi, UNHCR’s ...

Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (Adnec) attended the International Council of Marine Industry Associations (ICOMIA), and International Federation of Boat Show Organisers (IFBSO), Conference alongside key industry stakeholders to promote the 2019 edition of Abu Dhabi International Boat Show (ADIBS), preparations for which are currently underway in the UAE capital. ADIBS is the first entity from ...

Abu Dhabi / Emirates Business Etihad Airways is preparing to launch seasonal flights between Abu Dhabi and the beautiful coastal city of Salalah, southern Oman, in time for the region’s unique Khareef, or green season. Salalah is one of the few locations on the Arabian Peninsula that experiences a monsoon season, creating extensive vegetation growth and spectacular waterfalls throughout the ...

Dubai/ WAM Members of the public can now experience a preview of Expo 2020 Dubai at an interactive pop-up pavilion travelling around the UAE, providing a glimpse of what to expect from the region’s first ever World Expo. Visitors can interact with the pop-up pavilion, which is currently near the waterfall at Dubai Mall until July 13. “When you say ...

Abu Dhabi / WAM First Abu Dhabi Bank (FAB), notified the Qatar Financial Centre Regulatory Authority, (QFCRA), that it will relinquish its Qatar Financial Centre (QFC), branch licence and permanently close its QFC branch. According to a statement issued by FAB, the decision to close its QFC branch follows “many months of baseless actions by the QFCRA that have made it impossible ...

Dubai / Emirates Business Dubai Internet City (DIC), the Middle East’s leading technology business community, on Wednesday witnessed the launch of the first Russian Centre for Digital Innovations and Information and Communication Technologies. The centre, facilitated by the Russian Export Centre (REC), is one of the largest and only business support platforms for Russian tech firms outside Russia, and follows ...