Etihad Aviation Group has chosen First Abu Dhabi Bank as its card payment processing partner for both online and in-store card payments. The bank will be processing close to 3.5 million transactions per year, supporting more than 90 currencies through all major global payment channels and methods. Adam Boukadida, Chief Financial Officer at Etihad Aviation […]

Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody’s and A by Fitch (both stable), successfully closed a USD 1 billion long 5-year Sukuk with a profit rate of 2.95% per annum, which is equivalent to 245bps over the equivalent tenor Mid Swap Rate. DIB’s $1 billion Sukuk is a landmark transaction as it is […]