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DUBAI / Emirates Business Emirates Islamic, one of the leading Islamic financial institutions in the UAE, successfully closed a $500 million five-year sukuk issued from its $2.5 billion Certificate Issuance Programme. The landmark issuance, rated A+ by Fitch, is listed on Nasdaq Dubai and Euronext Dublin’s Regulated Market. Investors showed strong appetite which resulted in an order book that peaked ...

Abu Dhabi / Emirates Business Held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, and hosted by the Abu Dhabi National Oil Company (Adnoc), this year’s Adipec – the global energy industry’s largest, most important and influential event – returns to Abu Dhabi from November 15 – 18 as the only event ...

Abu Dhabi / Emirates Business Chairman of the Board of Directors of Jinsha Holding Group, Leo Liu, met Mohamed Khalifa Al Mubarak, Chairman of Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), at the Louvre Abu Dhabi. During the meeting, they discussed opportunities for cooperation between the two sides in cultural, educational and media fields. Liu expressed ...

Dubai / WAM The UAE Ministry of Culture and Youth has signed a Memorandum of Understanding (MoU) with the UK’s Department for Digital, Culture, Media & Sport (DCMS) to reinforce cooperation in cultural fields related to tangible and intangible cultural heritage, literature, visual and performing arts, audio-visual media, design, cultural and creative industries. The two countries will also work together ...

DUBAI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, held a tripartite meeting with Nikos Dendias, Minister of Foreign Affairs of Greece, and Nikos Christodoulides, Minister of Foreign Affairs of Cyprus. During the meeting, which was held in Dubai, the parties discussed partnership and cooperation relations between the three countries and ...

Abu Dhabi / WAM Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, representing President His Highness Sheikh Khalifa bin Zayed Al Nahyan, participated in the “Paris International Conference for Libya,” which was held in Paris. During his speech, the minister conveyed the greetings and appreciation of the UAE leadership to France, Germany, Italy, Libya and the United ...

Dubai / WAM Noor Dubai Foundation organised its latest Mobile Eye Camp at Tamale, the capital city of the Northern region of Ghana, where over 2,000 people benefitted through the programme’s activities, which included screening and providing diagnosis for eye care, conducting surgeries, and distributing spectacles Around 500 surgeries were conducted to restore the sight of hundreds of people. Guided ...

Bloomberg Negotiators from almost 200 countries clinched a deal that seeks to keep the most ambitious goal of the Paris Agreement alive, breaking new ground in the fight against climate change but punting the hardest decisions into the future. After two weeks of often fraught United Nations COP26 talks, delegates agreed to reduce the use of coal, end “inefficient” fossil-fuel ...

For all the weeks of negotiation and hard-headed diplomacy that go into the text of an international agreement, the words that result in the end aren’t a magic spell. Whether the communique resulting from the Glasgow climate conference promises to “accelerate the phasing out of coal and subsidies for fossil fuels” (as initial drafts proposed) or instead to escalate “efforts ...

Few people can have seriously expected Opendoor Technologies Inc to suffer the sort of calamity that real estate listings giant Zillow Group experienced recently at its so-called iBuying unit. The housing market has cooled a little but it’s still a great time to be flipping homes, providing you don’t mess up the basics. Still, there was understandable relief when Opendoor ...