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ADCB eyes second USD 600 mn Formosa bond sale this year
The senior unsecured notes are priced at a spread of 100 bpd above SOFR
UAE banks line up AED 40 bn for industrials, AED 1 bn for SMEs
The country has launched an AED 1 bn fund operating under Emirates Development Bank to support SMEs
1Q earnings continue to pour in
FAB | e& | ADCB | NMDC Energy | National Bank of Fujairah | Aldar Properties | Emirates Stallions Group…
Emicool goes green with AED 1.95 bn funding
The funding was provided by Dubai Islamic Bank and Abu Dhabi Commercial Bank
ADCB launches fintech venture Meedaf
The venture aims to address operational challenges in the region’s banking sector
THIS MORNING: UAE slapped with a 10% tariff as Trump triggers global trade war
Plus: Dubai to get on-demand self-driving cars this year
UAE’s largest 10 banks earned AED 82.8 bn in net income in 2024
Total interest income rose 6.7% y-o-y
ADCB’s Formosa bond issuance raises USD 600 mn
The bonds are listed on the Taipei Exchange and Euronext Dublin
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