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ArabicDIFC to host first Future Sustainability Forum in Dubai
Dubai International Financial Centre (DIFC) has announced it will host the inaugural edition of the Future Sustainability Forum ahead of COP28. Set to galvanise key stakeholders, including the finance and […]
Mohammed bin Rashid Al Maktoum Solar Park: A global model for clean energy leadership
The UAE is among the largest countries in the world to invest in clean and renewable energy projects and was the first country in the Middle East and North […]
Abu Dhai’s Mubadala invests in CoolIT Systems alongside KKR
Mubadala Investment Company has announced that it invested alongside investment funds managed by KKR, a leading global investment firm, in the acquisition of CoolIT Systems (CoolIT), which was announced on […]
EDB sets $27.23mln for food security; launches AgriTech loans
Emirates Development Bank (EDB) is set to allocate a substantial AED100 million ($27.23 million) for UAE’s food security sector besides launching the country’s first-of-its-kind AgriTech Loans Programme. The programme offers […]
Al Fattan Holding Investment signs $20mln investment with LTechUVC
Al Fattan Holding Investment recently announced that it will invest $20 million in Abu Dhabi for green hydrogen and ammonia manufacturing business with LTechUVC, a Korean energy company. The ‘Green […]
Masdar City completes LEED ratings for all Masdar Green REIT assets
Masdar City has secured the LEED Gold O+M (operations and maintenance) rating for the corporate headquarters buildings of IRENA, Masdar City, and Tabreed, meaning that each building owned by […]
Abu Dhabi Global Market continues epic journey as fastest-growing IFC in region
Abu Dhabi Global Market (ADGM) is continuing to reinforce its position as a global hub for businesses looking to expand their operations in the region. ADGM’s rapid progress and achievements […]
Masdar plans huge increase in clean energy capacity
Abu Dhabi Future Energy Company (Masdar) has announced that it has nearly doubled its clean energy capacity and CO2 displacement in just two years and is on track to […]
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 […]
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 […]
