Dubai: Dubai Islamic Bank (DIB), rated A3 by Moody’s and A by Fitch, has successfully priced a US$1 billion Additional Tier 1 Perpetual Non-Call 6-Year Sukuk at a profit rate of 6.250 percent, equivalent to a reset spread of 191.10 basis points over t…
Abu dhabi: Finance House Group today announced the launch of Dhabi Bank in Abu Dhabi Global Market (ADGM), aiming to provide a comprehensive global banking experience designed to empower individuals and businesses to grow across markets through advanc…
Ras al khaimah: Ras Al Khaimah Economic Zone (RAKEZ) has entered into a strategic partnership with the Mohammed bin Rashid Innovation Fund (MBRIF), a federal initiative launched by the Ministry of Finance, to enhance support for innovators, startups, …
Dubai: Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, met with Anna Bjerde, Managing Director of Operations at the World Bank Group, at the Ministry of Finance headquarters in Dubai. The meeting aimed to explore opportunities t…
Prague: Etihad Credit Insurance (ECI), the UAE’s federal export credit company, and Export Finance Australia (EFA), Australia’s export credit agency, have signed a Memorandum of Understanding to strengthen cooperation in advancing trade and investment…
Dubai: Coinciding with the Year of the Family, Dubai Police has achieved a new milestone in child protection, with its Child and Woman Protection Department at the General Department of Human Rights securing membership in the European Barnahus Network…
Brussels: May 2026 was the second-warmest May globally since records began, according to the European Union’s Copernicus Climate Change Service.
According to Emirates News Agency, data compiled by the service showed that Europe experienced a rapid …
Kuwait city: The State of Kuwait announced that its armed forces had detected 24 hostile drones within its airspace over the past 48 hours and dealt with them in accordance with established procedures.
According to Emirates News Agency, Colonel Staf…