FAB issues first Sukuk globally in 2024

ABU DHABI/ WAM First Abu Dhabi Bank (FAB) has issued a five-year US$800 million Sukuk at US Treasury +85bps, which resulted in an all-in yield of 4.779%. This issuance marks the first Sukuk issued globally in 2024 and stands as the region’s first offering for the year. The final spread for the Sukuk was set at 85 basis points over ...

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Sharjah Ruler promotes Khalid Al Qasimi as Head of Documents House

SHARJAH/ WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree appointing Head of the Documents House in the Emirate of Sharjah. The Decree stipulated that Sheikh Khalid bin Ahmed bin Sultan Al Qasimi, Director-General of the Department of e-Government in Sharjah, will be transferred to the Documents House ...

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Khaled bin Mohamed bin Zayed approves establishment of medical city in Abu Dhabi dedicated to women and children’s health

ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has approved the establishment of a specialised medical city dedicated to women and children’s health in Abu Dhabi. The medical city will include Sheikh Khalifa Medical City (SKMC) as a Centre of Excellence (CoE) for paediatric ...

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Sharjah Ruler establishes Sharjah Digital Department

SHARJAH/ WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree establishing “Sharjah Digital Department”. The Decree stipulated that a government department would be established in the Emirate of Sharjah called the “Sharjah Digital Department,” which would have the legal personality and capacity to carry out its duties. The ...

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Sharjah Ruler promotes Saud Al Qasimi to Director-General of SDD

SHARJAH/ WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree promoting and appointing Director-General of the Sharjah Digital Department (SDD). The Decree stipulated that Sheikh Saud bin Sultan Al Qasimi will be promoted to the rank of Director-General of the Special Jobs System in the Sharjah Government and ...

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Abdullah bin Zayed congratulates Morocco on winning presidency of Human Rights Council

ABU DHABI/ WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, congratulated the Kingdom of Morocco on the winning of the presidency of the UN Human Rights Council by Morocco’s Permanent Representative to the UN. His Highness expressed the UAE’s congratulations in a call with Nasser Bourita, Morocco’s Minister of Foreign Affairs, African Cooperation and Moroccan ...

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Sharjah Ruler signs cooperation agreement between UoK, Monash University

SHARJAH/ WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member, Ruler of Sharjah, and President of University of Kalba (UoK), signed on Thursday a cooperation agreement between the University of Kalba and Monash University in Australia, to establish a Bachelor’s programme in Physical Education and Sports Sciences. The agreement was signed at the UoK’s headquarters by Professor ...

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Hamdan bin Zayed reviews energy and water projects and initiatives in Al Dhafra Region

ABU DHABI/ WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, met with Awaidha Murshed Al Marar, Chairman of Abu Dhabi Department of Energy’s (DoE) at Nakheel Palace. During the meeting, Sheikh Hamdan reviewed energy and water projects and initiatives in Al Dhafra region, commending efforts to turbocharge the energy transition and boost economic, environmental ...

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UAE-Japan new clinical research to offer ‘cellular therapy’

ABU DHABI / WAM Abu Dhabi Stem Cells Centre (ADSCC) announced on Thursday a groundbreaking joint research agreement with one of Japan and Asia’s top research institutions, Kyoto University – Centre for iPS Cell Research and Application (CiRA), and Rege Nephro, a Japan-based biotech company that specialises in RD and production of renal disease therapeutics. The collaboration is poised to ...

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