‘TAQA’ prices $1.75bn dual tranche
The 12-year senior unsecured notes are sized $850m.
Middle East economy firm despite challenges
Non-oil growth to stay robust, bolstered by a strong non-oil GDP growth in the region's two biggest economies, UAE and Saudi Arabia.
UAE banks align with global sustainability standards
“The pledge made by our UBF Chairman, Abdulaziz Al Ghurair, to mobilize over AED 1 trillion in sustainable finance, represents the collective efforts of our leading national member banks and is a true testament to our financial sector’s commitment to supporting the building of a better future," he adds.
Governments should provide incentives for green finance, says Dubai Chambers’ webinar
DUBAI, UAE – Participants at a webinar strongly supported governments providing incentives or regulatory frameworks to encourage greater participation in green finance initiatives.The webinar was organized by Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers.Held by the chamber’s Center for Responsible Business as part of...
DIB raises $1bn from sukuk
It had raised $750m through the sale of its debut sukuk in Nov 2022.
