Consortium plans to develop $5bln UAE-Oman-India undersea pipeline

South Asia Gas Enterprise (SAGE), a consortium of companies in deepwater pipeline projects, is planning a $5 billion undersea liquefied natural gas (LNG) pipeline from the Gulf to India. The […]
Admiral Mobility partners with Avis to lease electric trucks

Admiral Mobility, a subsidiary of US-based Admiral Corporation of America, has partnered with vehicle hire company Avis to bring electric commercial trucks to the leasing market in the UAE. The […]
New agreement allows DHL to use Etihad Rail in country

Etihad Rail and DHL Global Forwarding have signed a 20-year strategic partnership that will enable the latter to use Etihad Rail’s network to conduct its main operations within the UAE. […]
UAE’s Aldar Investment Properties plans 10-year $500mln green sukuk – document A general view shows the headquarters of Aldar Properties at Al Raha Beach in Abu Dhabi. Ben Job, Reuters , Reuters Images A general view shows the headquarters of Aldar Properties at Al Raha Beach in Abu Dhabi. Ben Job, Reuters Reuters Images Initial price guidance for the sukuk, which will be issued under the company’s Green Framework, was given at 185 basis points (bps) over US Treasuries, the document said Rachna Uppal, Reuters News May 17, 2023 ISLAMIC FINANCESUSTAINABILITYMARKETSREAL ESTATEUAESUKUK DUBAI – Aldar Investment Properties plans to issue a $500 million 10-year debut green Islamic bond, or sukuk, on Wednesday, according to a bank document seen by Reuters. Initial price guidance for the sukuk, which will be issued under the company’s Green Framework, was given at 185 basis points (bps) over US Treasuries, the document said.

Aldar Investment Properties plans to issue a $500 million 10-year debut green Islamic bond, or sukuk, on Wednesday, according to a bank document seen by Reuters. Initial price guidance for […]