Ajman Bank and Commercial Bank of Dubai Conclude Pakistan’s US$ 350 Million Murabaha Syndicated Financing

مصرف عجمان وبنك دبي التجاري يبرمان مع باكستان تمويل المرابحة المشترك

Ajman Bank and Commercial Bank of Dubai Conclude Pakistan’s US$ 350 Million Murabaha Syndicated Financing Ajman Bank and Commercial Bank of Dubai successfully conclude Pakistan’s US$ 350 Million Murabaha Syndicated Financing. Both Ajman Bank PJSC and Commercial Bank of Dubai PSC acted as Initial Mandated Lead Arrangers and Bookrunners on the facility for Islamic Republic of Pakistan acting through Ministry of Finance (MoF). Originally mandated for USD 200 Million, the Islamic Syndication Facility attracted more than 75% oversubscription driven by strong demand from local, regional and international investors. The transaction…

Carbon Streaming Provides Corporate Update & Webcast Details

Carbon Streaming Provides Corporate Update & Webcast Details

TORONTO–(BUSINESS WIRE/AETOSWire)-– Carbon Streaming Corporation (“Carbon Streaming” or the “Company”) (NEO:NETZ) is pleased to provide a corporate update in advance of today’s public listing at 9:30am ET on the Neo Exchange Inc. (“NEO Exchange”). The Company is hosting a live webcast at 10:30am ET today, July 27, 2021, and would welcome participation from current and prospective shareholders, alike. Further details on how to register and participate in the webcast are provided below. Company Highlights: Carbon Streaming’s ticker symbol on the NEO Exchange is NETZ, in reference to the Company’s mission…

GPE welcomes U.K. pledge of GBP 430 million towards ‘Raise Your Hand” financing campaign made at G7 Summit in Cornwall

GPE welcomes U.K. pledge of GBP 430 million

GPE welcomes U.K. pledge of GBP 430 million towards ‘Raise Your Hand” financing campaign made at G7 Summit in Cornwall GPE urges other donors to follow suit with ambitious pledges at the Global Education Summit in London on 28-29 July, co-hosted by the U.K. and Kenya Leaders at the G7 Summit in Cornwall, UK Simon Dawson / No 10 Downing Street The Global Partnership for Education (GPE) welcomed a generous pledge of GBP 430 million (US$ 600 million) from the United Kingdom towards its “Raise Your Hand” financing campaign made…

Sidra Capital’s USD Private Finance Funds Continue To Achieve Target Returns despite The Effects of COVID-19 Pandemic

Sidra Capital’s USD Private Finance Funds Continue To Achieve Target Returns despite The Effects of COVID-19 Pandemic

USD Income Fund generates an annual return of 8% while USD Mutajara Fund registers healthy 5% returns Jeddah, Saudi Arabia, March 24, 2021, (AETOSWire) – Sidra Capital, a Shari’ah compliant asset management firm headquartered in Jeddah, Saudi Arabia and regulated by the Capital Market Authority (CMA), has announced healthy annual returns on two of its US Dollar-denominated funds: the USD Income Fund, which generated above-target returns of 8%, and the US Dollar Mutajara Fund, which met its targeted return of 5% for 2020. The returns are especially impressive in light…

Aafaq Islamic Finance continues to support SME’s via facilities provided  by the "Osool" program

“آفاق الإسلامية للتمويل” تواصل دعم الشركات الإماراتية الصغيرة والمتوسطة

 Aafaq Islamic Finance, a leading company in the Islamic finance sector for individuals and companies affirms its continuous support for local initiatives through various features provided by the “Osool” program launched two months ago offering support to small and medium-sized Emirati enterprises in the United Arab Emirates. The initiative is in line with the aspiration of the UAE government to activate the presence of small and medium-sized companies’ sector, and increase their level of contribution to the economic cycle, given that they are considered as the backbone of the global…

Aafaq Islamic Finance launches exclusive offers for "Sahobat" product customers

Aafaq Islamic Finance launches exclusive offers

Announces the winners of the first monthly draw for 2021 for the Sharia-compliant “Sahobat” product. Aafaq Islamic Finance, the leading Islamic Finance Company, offering financial products and services in compliant with Sharia law throughout the UAE and the region, has announced the names of the companies to win the first monthly draw of the year under the ‘Sahobat’ campaign that was held in February. Sahobat is a product by Aafaq Islamic Finance that provides its retail customers with an opportunity to save through investments that comply with the Sharia law…

‘DIHAD’ Conference and Exhibition Kicks Off Next Week in Dubai Under the theme “Aid and Coronavirus, a Focus on Africa”

معرض ومؤتمر “ديهاد” ينطلق الأسبوع القادم في دبي

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of United Arab Emirates, Ruler of Dubai, the 17th edition of The Dubai International Humanitarian Aid and Development Conference and Exhibition- DIHAD, kicks off next week from the 15th till the 17th of March 2021, at the Dubai World Trade Centre. Running under the theme “Aid and Coronavirus, a Focus on Africa”, the 17th edition of DIHAD will discuss the most pressing topics, with a focus on Africa and the issues that arose with…

Aafaq Islamic Finance launches the ‘Kunooz’ promotional campaign for the citizens and residents of the UAE

“آفاق الإسلامية للتمويل” تطلق مبادرة كنوز”

Aafaq Islamic Finance, the leading Islamic Finance Company in the UAE, has recently announced one of its most extensive promotional campaigns yet, “Kunooz”, focused on its wide range of personal products that are compliant with Islamic Sharia law. During the campaign, which runs till end of March 2021, individuals can win a host of exciting prizes, including Apple iPhone, Watches and Samsung Tablets and LED TVs. The grand draw will be held at the end of the campaign, where more than 100 winners will walk home with valuable prizes. The…

Oetker Collection partners with Reuben Brothers  to open First Italian Masterpiece Hotel

Oetker Collection partners with Reuben Brothers

Hotel La Palma, Capri Capri’s first hotel, built in 1822, is to be transformed by Oetker Collection and owners, Reuben Brothers, into an elegant and exclusive 50-room-and-suite property. Located mere steps from the famous Piazzetta, it will comprise a rooftop restaurant and bar, its own beach club, a newly built pool deck, a spa and high-fashion boutiques. Hotel La Palma will be Oetker Collection’s reimagined incarnation of Capri’s original hotel that has long hosted a collective of notable artists, poets, writers and musicians from all over the world, and once…

Arabian Automobiles launches the NEW 2021 RENAULT MASTER

 a fleet vehicular innovation Dubai, UAE, 01 March 2021: Arabian Automobiles, the flagship company of the AW Rostamani Group and exclusive dealer for Renault in Dubai, Sharjah and the Northern Emirates, is proud to launch the new 2021 RENAULT MASTER, a fleet vehicle that offers you all of the style and design of a passenger car with no compromise on utility. Catering to the diverse transportation needs, the new 2021 RENAULT MASTER features a range of interior layouts, with loading volumes ranging from 8 to 17 cubic meters, and its…