Dubai: The Non-performing Debt Relief Fund announced on Monday that 12 banks had waived the debts of 1,607 Emirati citizens, with a total value of more...
(WAM) — Masdar, one of the world’s leading renewable energy companies, and First Abu Dhabi Bank, FAB, have announced the completion of an energy and water-saving...
(WAM) — 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...
(WAM) — First Abu Dhabi Bank, FAB, has signed an agreement with the Ministry of Human Resources and Emiratisation, MoHRE, to launch a unified payment solution...
Around 71% of UAE consumers now use digital payments over cash when shopping at stores. That was the finding of a study announced in June that...
Abu Dhabi is said to have already received more than US$25 billion in combined orders for a planned issue of dollar-denominated bonds, which it started marketing...
(Bloomberg) — Bavaguthu Raghuram Shetty was once a typical billionaire with a taste for the high-life. He splurged on a private jet, vintage cars and two entire...
(Bloomberg) — Abu Dhabi-based construction firm Al Fara’a Group is in talks with banks to restructure about 2 billion dirhams ($545 million) in liabilities, according to people...
(Bloomberg) –Saudi Arabia is set to issue its first Eurobond of the year as tensions in the Middle East over the U.S.’s assassination of Iranian commander...
