Media IN Sharjah – 26, June, 2019 WAM Sharjah Islamic Bank, the leading Islamic bank in the UAE has priced its debut Additional Tier 1 (AT1) Sukuk by raising USD 500 million at the lowest price of 5%. The yield Sharjah Islamic Bank’s AT1 Sukuk offers, is the lowest for …
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Media IN Dubai – 26 June 2019 WAM The first World Expo ever to be held in the Middle East, Africa and South Asia has committed to diverting 20 percent of its total direct and indirect spend towards SMEs, and as construction on the site nears completion, organisers are urging …
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Ras Al Khaimah – 26 June The number of complaints and observations received by the economy of Ras Al Khaimah from consumers during the months of April and May of this year, “138” complaints, about 71% of the errors committed by some shops in the field of honesty and credibility …
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ABU DHABI, 26th June, 2019 (WAM) — The Abu Dhabi Government, under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has reinforced its commitment to the private sector’s development, launching nine new initiatives …
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Media IN Sharjah 25-06-2019 / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed trade and investment cooperation with the Gyeonggi-do Business and Science Development Authority in South Korea’s Gyeonggi-do Province. This came during a meeting with the South Korean delegation led by Xuan Cheng, Deputy Director General …
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Media IN Dubai:25th-06-2019 WAM Dubai CommerCity, the region’s first dedicated e-commerce free zone, is taking part in the 2019 edition of the SIL and eDelivery Barcelona Expo & Congress, being held from June 26-28 at Fira de Barcelona Montjuïc site. Through its participation, Dubai CommerCity will demonstrate the wealth of …
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Media IN RAS AL KHAIMAH, 25th June, 2019 (WAM) The National Bank of Ras Al Khaimah, RAKBANK, has announced the repayment of the outstanding nominal amount of US$681.67 million on its RAKFunding Cayman Ltd. 5-year US$800 million bond matured on 24th June 2019. RAKBANK had issued US$500 million bond earlier …
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Media IN DUBAI, 25th June, 2019 (WAM) The Expo 2020 Bureau signed a Memorandum of Understanding, MoU, with Dubai Government Workshop,DGW, which also covers opportunities for building and expanding relations between the two parties. DGW has already started to provide fast vehicle services, collectively known as mobile workshop, at the …
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Media IN SHARJAH, 25th June, 2019 (WAM) Sharjah-based Air Arabia on Tuesday announced the inauguration of direct flights between Sharjah and Vienna, capital of Austria, starting 15th September, 2019. The non-stop six-hour flight to Vienna, popularly known as the ‘City of Music’, will operate seven times a week, from Sunday …
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DUBAI, 25th June, 2019 WAM Today the Global Financial Innovation Network (GFiN) published a report highlighting the efforts of the international community of regulators, including the Dubai Financial Services Authority (DFSA), in driving global FinTech innovation and cross-border testing of innovative ideas. Titled “GFiN – One Year On”, the report …
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