Category: Business

ABU DHABI: RAKBANK has completed its first Tier 2 security issuance, raising US$250 million, the securities were issued with a maturity of 10.25 years and a non-call period of 5.25 years (10.25NC5.25), carrying a coupon rate of 5.875 percent.

In a pr…

The US dollar fell against most major currencies in Wednesday’s trading.

The dollar index, which measures the strength of the greenback against six major currencies, fell 0.3% to 101.4.

Against the Japanese yen, the dollar fell 0.9% to 144.22 yen as…

SHARJAH: The Sharjah Chamber of Commerce and Industry (SCCI) has discussed ways to enhance trade and investment cooperation between the business community in the emirate and its counterpart in Nepal.

Emphasising the UAE businesses’ commitment to dive…

The Qatari national team lost to its Chinese counterpart (43-99) in their match that took place Tuesday in the second round of Group 3 of the Asian Basketball Championship for Under-18s, which is currently being held in Jordan until September 9 and qu…

ABU DHABI: Abu Dhabi Securities Exchange (ADX) today welcomed the listing of US$1 billion in green bonds issued by Abu Dhabi Future Energy Company (Masdar) in two tranches.

According to ADX data, the first tranche of the bonds is valued at $500 milli…

The Qatari U-17 Handball Team will start their campaign in the 10th Asian Men’s Youth Handball Championship 2024, by facing their Emirati counterpart on Wednesday.

The Handball Championship, taking place in Jordan from September 3 to 14, will serve a…

– Japanese stocks were mixed at the close of trading Tuesday, with the yen value turning higher amid expectations that the US monetary tightening cycle is nearing an end, and that the Bank of Japan will continue to raise interest rates.

The Tokyo Sto…

The FIFA has announced the launch of the ‘No Racism’ gesture during the U-20 Women’s World Cup currently being held in Colombia.

Following its unanimous approval at the 74th FIFA Congress in Bangkok, Thailand, on 17 May 2024, a global crossed arms ge…