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November 20, 2025

Business Blog

business gate

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 ...
ADIB

ADIB Egypt reports 125.4% YoY climb in Q1 consolidated profits

 Abu Dhabi Islamic Bank Egypt (ADIB) reported a 125.4% year-on-year ...
DUBAI

Prestige One launches two residential projects in Dubai

Dubai-based Prestige One Developments announced on Monday the launch of ...
ENTERTAINMENT

Abu Dhabi: Designer Manish Malhotra to showcase special collection at IIFA Rocks 2023

The International Indian Film Academy and Awards (IIFA) is set ...
business gate

Dubai’s Emaar Development sees slight profit fall to $288mln

Dubai-based developer Emaar Development has announced a marginally reduced profit ...
ART

Typewriter artist creates Burj Khalifa, Dubai skyline with letters, numbers

A typewriter artist created intricate drawings using letters, numbers and ...
ENVIRONMENT

SirajPower completes Al Tajir Glass solar rooftop project

    SirajPower, a leading distributed solar energy provider in ...
business gate

UAE’s Al Ansari Financial Services net profit up 7%, looks to add branches

The UAE-based Al Ansari Financial Services has seen its profit ...
business gate

COP28 President-Designate convenes CEO decarbonisation roundtable at UAE Climate Tech Forum

  COP28 President-Designate Dr. c convened a CEO roundtable on ...
business gate

UAE at forefront of global crisis management, experts agree at CEMS Abu Dhabi

The Crisis and Emergency Management Summit (CEMS) – Abu Dhabi, ...
ADNOC

ADNOC Drilling posts 25% jump in Q1 net profit

ADNOC Drilling Co., a subsidiary of Abu Dhabi’s state oil ...
AIRLINES

Emirates airline earmarks $200mln fund for sustainability research

Emirates airline has announced a $200 million sustainability R&D fund ...