Chemikuwait supports Kuwaiti Projects with Youth Innovations for The Manufacture of Chemicals We are keen to provide world-class healthcare services: CEO of Shakhbout Medical City 7,149 doses of COVID-19 vaccine administered in last 24 hours Women have played a pivotal role in development and journey of UAE: DoH chief International Women’s Day a celebration of stature of women: Khawla Al Suwaidi UAE announces 2,613 new COVID-19 cases, 1,587 recoveries, 12 deaths in last 24 hours UAE Embassy in Amman launches Phase II of winter campaign Price of OPEC daily basket stood at $62.15 a barrel Wednesday
Business Middle East - Mebusiness

Banks

CBUAE, DIEDC join forces to strengthen Islamic banking sector

The Central Bank of the UAE, CBUAE, today signed a Memorandum of Understanding with the Dubai Islamic Economy Development Centre, DIEDC, to reinforce and expand the reach of the Islamic banking sector, and to advance

ADCB, Visa transform merchant smartphones into payment terminals

Abu Dhabi Commercial Bank, ADCB, is launching UAE’s first virtual Point of Sale, POS, payment terminal, in partnership with Visa, the world’s leader in digital payments. ADCB PACE PAY facilitates card payments

FAB issues largest Chinese Yuan denominated dual-listed Formosa bond globally

First Abu Dhabi Bank, FAB, recently announced the issuance of the largest-ever Chinese Yuan (CNH) denominated dual-listed Formosa bond globally, with a CNH 3.25bn five-year issuance. Despite the GCC-wide public holiday,

FAB issues largest Chinese Yuan dual listed Formosa bonds from MENA region

First Abu Dhabi Bank, FAB, has announced the issuance of the largest Chinese Yuan, CNH, dual listed Formosa bonds from the MENA region, with a CNH 1.4 billion five-year issuance. Despite the challenging market backdrop,

Nasdaq Dubai welcomes listing of US$1 billion Sukuk by Dubai Islamic Bank

Nasdaq Dubai, the region’s international financial exchange, announced it has welcomed the listing today of a US$1 billion Sukuk by Dubai Islamic Bank, DIB, the largest Islamic bank in the UAE. In a statement,