The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million). CBK said in a statement carried by Kuwait news agency (KUNA), that the securities bear a 4.375 percent rate with a three-month maturity rate. Source: Qatar News Agency
EDGE Successfully Completes First Dynamic Test of UAE-Designed 155mm Artillery Ammunition
Abu Dhabi:EDGE Group’s ammunition manufacturer, LAHAB, has completed the first dynamic test firing of its 155mm Extended Range Full Bore