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,
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, 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,
First Abu Dhabi Bank, FAB, has successfully issued a landmark HKD750 million five-year Green Bond through a private placement.
In a statement by the bank on Monday, this deal represents the first Green Bond issuance by a
The Traffic and Patrols Directorate of the Abu Dhabi Police, has revealed that 13,759 motorists failed to maintain a safe distance between vehicles, during the first half of 2020.
The directorate urged drivers to commit to maintaining a sufficient distance between vehicles and noted that refusal to do so may increase the risks of accidents. Not all drivers can control their vehicles if a vehicle in