Browsing: Asia

The UAE has formalised three cooperation agreements to foster sustainable development across Asia and Africa, emphasising environmental, social, and economic growth. These agreements align with the country’s humanitarian mission to support societal progress, enhance well-being, and address current and future challenges.

Arada Developments LLC (“Arada”), with a B1 rating from Moody’s and B+ from Fitch, has successfully concluded its second public financing arrangement, a $400M Sukuk, listed on the London Stock Exchange and the Nasdaq Dubai. This marks the first issuance under Arada’s new $1B Sukuk programme.