FAB returns to debt markets for second time this month with five-year Formosa bond
The Regulation S Formosa notes are guided at SOFR +75 bps
Available in your choice of English or Arabic
The Regulation S Formosa notes are guided at SOFR +75 bps
The board recommended an AED 8.8 bn payout for the year
Apartments and grade A offices are seeing tight supply and selective demand across the emirate
Robotaxis have already been operational in Yas Island since November
With banks flat and energy down, the burden of growth falls squarely on real estate
Defense agreements spanned local unmanned VTOLs and purchases of aircraft and drones by Edge
CBD’s growth was supported by loans exceeding AED 100 bn
Plus: FAB expands to Turkey, and into wearable payments tech
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