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Criteria for Emirates NBD’s AED 500 mn SME initiative are out
The first phase of the initiative will invest AED 15 mn over seven years
ADEX, Mashreq, and ADCB lend BGN USD 100 mn to ramp up energy exports
The loan marks BGN’s first credit line from regional lenders
Maritime Decarbonization Center bags Shiptek Award + ADGM’s regulatory authority joins IFIAR
The ministry launched the center in collaboration with DNV to facilitate research for decarbonizing the maritime sector
FinMin plans to issue AED 5 bn sukuk in 1Q 2024
The UAE issued some AED 7.7 bn in debt in 2023
Du completes 50G broadband network trial
The 50G network will expand high-speed network in the UAE
Dubai launches AED 1 bn scholarship program for Emirati students
The program will benefit Emirati students at public and private schools
Shipping company hit with sanctions for breaking cap on Russian crude
The sanctions block the shipping company from engaging in USD-denominated transactions
Emirates NBD has escrow services for real estate developers
The agreement will allow the bank to offer escrow services in Ras Al Khaimah as an account trustee
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