Daily Archives: November 14, 2023

Technologies

du partners with Hayat Communications to deliver managed services across UAE

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du partners with Hayat Communications to deliver managed services across UAE

Partnership to innovate telecom services and expand network capabilities, marking a significant milestone in du’s commitment to innovation and excellence.

Dubai, UAE, 13th November 2023 – du, from Emirates Integrated Telecommunications Company (EITC), today announced a strategic partnership with Hayat Communications, a publicly listed organization in the Kuwait Stock Exchange. This partnership marks a significant milestone in the pursuit of delivering cutting-edge telecom services and expanding network capabilities.

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Business & Investments

Mastercard collaborates with Dubai Islamic Bank to introduce cross-border payment services

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Mastercard collaborates with Dubai Islamic Bank to introduce cross-border payment services

Dubai, UAE; 13 November 2023: Mastercard has initiated a strategic partnership with Dubai Islamic Bank (DIB) to launch cross-border payment services for peer-to-peer (P2P) and business-to-business (B2B) fund transfers. The collaboration leverages Mastercard Cross-Border Services to enable the bank to provide real-time remittances through its digital channels across more than 40 countries worldwide. The Mastercard-powered remittance solution allows people and organizations to send and receive money around the world almost instantly.

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Business & Investments

ADIB Lists Successfully its $500m Green Sukuk

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ADIB Lists Successfully its $500m Green Sukuk on London Stock Exchange Market and Sustainable Bond Market

Abu Dhabi, UAE; 13 November 2023: Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, listed successfully its $500 million green sukuk, the world’s first dollar denominated green sukuk, on London Stock Exchange’s International Securities Market and Sustainable Bond Market.

London Stock Exchange’s has welcome ADIB’s listing, as the world’s first dollar denominated green sukuk. This follows the bank’s recent successful listing of $750 million AT1 perpetual sukuk.

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