Category Archives: Business & Investments

DIB Successfully Issues Debut Sustainability-Linked Financing Sukuk

  • The USD 1 billion issuance marks DIB’s first Sustainability-Linked Sukuk, introducing a performance-linked structure to the Bank’s sustainable finance platform.
  • The Sukuk was more than 2x oversubscribed, reflecting strong global investor confidence in DIB’s financial performance and ESG-aligned approach.

Dubai, UAE – 14 November 2025: 

DIB, the world’s first Islamic bank and the largest in the UAE (rated A3 by Moody’s and A by Fitch), announced that it has successfully accessed the international Sukuk market with a USD 1 billion Sustainability-Linked Sukuk, priced at a profit rate of 4.572% per annum with a tenor of five years.

The issuance represents a significant milestone, marking the Bank’s first Sukuk to be issued in a Sustainability-Linked format. This builds on the Bank’s earlier achievement of being the first Islamic institution to establish a Sustainability-Linked Finance Facilities Financing (SLFFF) Framework. The issuance highlights the Bank’s commitment to innovative financial structures and sustainability, playing an important role in supporting the UAE’s Net Zero 2050 Initiative.

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African Marketplace Dubai 2025 spotlights Africa and Caribbean creative and entrepreneurial excellence

Dubai, UAE — November 12, 2025: The African Marketplace Dubai 2025 officially opened at the Grand Hyatt Hotel, Dubai, uniting more than 200 export-ready brands, creators, and SMEs from Africa and the Caribbean for a four-day exhibition, starting from Wednesday, celebrating trade, culture, and enterprise.

The event features exhibitors from Nigeria, Ghana, Togo, Senegal, Seychelles, Tanzania, Rwanda, the UAE, the UK, and the US, showcasing products across fashion, beauty, wellness, agriculture, technology, art, and lifestyle. The showcase highlights Africa and the Caribbean’s expanding influence in global creativity and commerce.

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AD Ports Group Reports Record Net Profit of AED 596 Million in Q3 2025, +34% YoY Growth

  • Strongest quarterly net profit since February 2022 public listing on the back of steady operating profits, lower finance costs, and positive impact from income tax reversal
  • Continued double-digit revenue growth driven by the Ports, Economic Cities & Free Zones and Maritime & Shipping clusters
  • The infrastructure businesses of Ports and Economic Cities & Free Zones recorded double-digit top-line and EBITDA growth
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TAQA Energy Services and Sdeira Group Launch One of Abu Dhabi’s Largest Building Retrofit Projects at Aryam ICAD Residential City

Abu Dhabi, UAE, [14 November 2025] – TAQA Energy Services, a subsidiary of Abu Dhabi National Energy Company (TAQA), has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement one of the Emirate’s largest building retrofit projects aimed at enhancing energy and water efficiency at Aryam ICAD Residential City in Mussafah, Abu Dhabi. The partnership was initially unveiled at the World Utilities Congress 2023, and the implementation agreement was signed during ADIPEC 2025 by Khalid Al Qubaisi, CEO of TAQA Energy Services, and Abdulaziz A. Bawazeer, CEO of Sdeira Group, in the presence of senior officials and industry leaders.

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