DUBAI: Etihad Water and Electricity (EtihadWE) has officially inaugurated four new facilities, advancing its strategic goals to bolster electricity and water infrastructure and promote sustainable water management across the Northern Emirates.
These …
ABU DHABI: RAKBANK has completed its first Tier 2 security issuance, raising US$250 million, the securities were issued with a maturity of 10.25 years and a non-call period of 5.25 years (10.25NC5.25), carrying a coupon rate of 5.875 percent.
In a pr…
ABU DHABI: The Central Bank of the UAE (CBUAE) stated that demand for bank credit in the country is growing, supported by economic stability and strong investments, despite rising interest rates.
According to the Credit Sentiment Survey of the CBUAE …
DUBAI: The 14th National Dialogue on Climate Ambition, organised by the Ministry of Climate Change and Environment (MOCCAE), was hosted by Dubai International Financial Centre (DIFC) at its headquarters in Dubai.
This event is part of a series of sec…
ABU DHABI: Emirates Global Aluminium (EGA) today announced the implementation of a digital greenhouse gas emissions tracking system to enhance transparency and accelerate decarbonisation, in line with the UAE’s National MRV Transparency System.
This …
ABU DHABI: Standard and Poor’s (SandP) Global Ratings today forecast that Gulf Cooperation Council (GCC) banks’ good performance should continue throughout 2024, absent any unexpected shock, thanks to increasing lending volumes, higher fee income, sta…
