ABU DHABI: 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 offerin…
ABU DHABI: Borouge Plc today announced the signing of an AED160-million agreement with NAFFCO, a UAE-based manufacturer and supplier of fire protection systems, to supply NAFFCO’s local and regional infrastructure projects with Borouge’s innovative an…
Gold prices rose during today’s trading, gaining about US$10 in spot trading.
As of 10:15 UAE time, the yellow metal increased by 0.49 percent or $9.98 to reach $2034.36 per ounce.
Gold futures for February 2024 rose by 0.52 percent or $10.4 to rea…
HANOI: The tourism industry in 2024 has seen positive signals as ocean liners have bustled at ports for the past 10 days, bringing tens of thousands of foreign visitors to Vietnam, reported the state news agency (VNA).
According to the UN World Touri…
KUWAIT: The price of Kuwaiti oil went up by US$1.13 to US$80.09 per barrel on Wednesday as opposed to US$78.96 the day before, Kuwait Petroleum Corporation (KPC) said Thursday.
According to the Kuwait News Agency (KUNA), in international markets, the…
ABU DHABI: His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has attended a wedding reception hosted by Jumaa Manea AI Ghuwais AI Suwaidi for the marriage of his son Hamad to the daughter of Sultan Rashid Khalifa A…
DUBAI: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched today the 4th season of the ‘World’s Coolest Winter Campaign’, to further support the tourism sector in line with the …
VIENNA: The International Atomic Energy Agency (IAEA), in cooperation with Argentina, launched on January 6th its first scientific research expedition today to investigate the presence of microplastics in Antarctica as part of efforts to combat this g…
