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ADFD lends AED 376 mn loan for Tajikistan hydroproject
ADFD’s Rogun loan adds to the UAE’s growing investment footprint in Tajikistan and Central Asia
THIS MORNING: PMI registered 11-month high in Jan + Adnoc eyes USD 2 bn in debt
Plus: Germany looks to our neck of the woods for energy diversification efforts
New appointments at EIB, Network International, and Enviroserve
Emirates Investment Bank tapped Michel Longhini as CEO
Adia taps the debt market in int’l portfolio push
The debt will be backed by minority stakes in four Australian infrastructure assets held through Adia’s Tawreed Investments
Abu Dhabi, Italy secure trade and customs agreement + UAE, Scotland set for more investment flows
Agreements strengthen collaboration across entrepreneurship, manufacturing, and agritech
FAB Formosa draws in USD 750 mn, FinMin secures AED 1.1 bn in t-sukuk, Tarabut acquires Bahraini AI player, and a PPP for Ras Al Khaimah
FAB’s Formosa bonds kept their initial price guidance of 75 basis points over the secured overnight financing rate
Abu Dhabi inflation accelerates to 1.5% December
Monthly inflation rose to 0.4%, reversing a 0.3% dip in November
DFM and ADCB turn in earnings
ADCB saw its net income grow by double digits, while DFM’s net income more than doubled
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