ADQ Successfully Prices US$2 Billion Dual-Tranche Bond in Third Debt Capital Markets Issuance

Abu Dhabi: Abu Dhabi Developmental Holding Company PJSC (ADQ), an active sovereign investor focused on critical infrastructure and global supply chains, has announced the successful pricing of a US$2 billion bond. According to Emirates News Agency, this issuance marks ADQ’s third offering in international debt capital markets and supports the diversification of its funding sources. Proceeds from the bond will provide growth capital and fund projects that advance ADQ’s mandate and long-term growth ambitions. The issuance capitalized on sustained demand for high-quality, investment-grade bonds from emerging markets, while demonstrating ADQ’s credit resilience during a period of market volatility and strong

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Egypt and Qatar Reaffirm Commitment to Mediation Efforts in Gaza

Cairo: The Arab Republic of Egypt and the State of Qatar have reaffirmed that their mediation efforts in the Gaza Strip remain ongoing, consistent, and grounded in a unified vision aimed at ending the unprecedented humanitarian crisis and alleviating the suffering of civilians by fostering the necessary conditions for achieving a comprehensive ceasefire. According to Emirates News Agency, in a joint statement, Egypt and Qatar asserted that attempts to sow discord among brotherly nations – whether through the casting of doubt, distortion, or media escalation – will not succeed, nor will they deter the two nations from continuing their joint

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DMCC Awards Main Works Contract for Two Towers in Uptown Dubai

Dubai: DMCC, the leading international business district that drives the flow of global trade through Dubai, has announced the appointment of Ali and Sons Contracting Company – Sole Proprietorship LLC to spearhead the second phase of Uptown Dubai’s transformative development. According to Emirates News Agency, Ali and Sons Contracting has been awarded the main construction contract to bring this next phase to life following the successful completion of the enabling works. Seamlessly connected to the iconic Uptown Tower by a new link bridge, the development will feature two new state-of-the-art commercial towers offering a combined 62,000 square metres of Grade

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Sharjah Award for Voluntary Work Reviews Digital Transformation Plan

Sharjah: The Board of Trustees of the Sharjah Award for Voluntary Work (SAVW) convened for its regular meeting under the leadership of Ahmed Ibrahim Al Mail, Chairman of Sharjah Social Services Department (SSSD) and Chairman of the Board of Trustees. The meeting focused on discussing strategies to develop the award and enhance its impact on society. According to Emirates News Agency, the Board approved a new indicators programme comprising 80 specific performance indicators designed to improve work efficiency and elevate standards. This move underscores the Board’s commitment to transparency and professionalism in achieving the award’s objectives. Additionally, the Board reviewed

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Abdullah Bin Zayed Urges India and Pakistan to De-escalate Tensions

Abu Dhabi: H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has called on the Republic of India and the Islamic Republic of Pakistan to exercise restraint, de-escalate tensions, and avoid further escalation that could threaten regional and international peace. According to Emirates News Agency, H.H. Sheikh Abdullah bin Zayed Al Nahyan stressed the importance of heeding the voices calling for dialogue and mutual understanding to prevent military escalation, strengthen stability in South Asia, and avoid further regional tensions. He reaffirmed that diplomacy and dialogue remain the most effective means of peacefully resolving crises,

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Kuwait Oil Price Reaches $62.08 Per Barrel

Kuwait City: The price of Kuwaiti oil increased by $2.14, reaching $62.08 per barrel on Tuesday, as reported by the Kuwait Petroleum Corporation on Wednesday. This rise follows the previous day’s price of $59.94 per barrel. According to Emirates News Agency, in the global markets, the price of Brent crude rose by $1.92, settling at $62.15 per barrel. Similarly, the price of West Texas Intermediate increased by $1.96, reaching $59.09 per barrel. This information was provided by the Kuwait News Agency (KUNA).

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Friedrich Merz Elected New Chancellor of Germany

Berlin: The German Bundestag today elected Friedrich Merz as the new Chancellor of Germany following the Christian Democratic Union’s victory in the early elections held last February. According to Emirates News Agency, Bundestag President Julia Kl¶ckner announced that Merz secured 325 votes in the second round of the parliamentary vote, attaining the absolute majority required. Following the announcement, Merz met with German President Frank-Walter Steinmeier, who presented him with the official documents to assume office as Chancellor, succeeding Social Democrat Olaf Scholz. Merz’s Christian Democratic Union formed a coalition with the Social Democratic Party, enabling the formation of Germany’s next

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SBA Participates in World News Media Conference 2025 in Poland

Krakow: The Sharjah Broadcasting Authority (SBA) recently took part in the 76th World News Media Congress, which took place in Krakow, Poland, from 4th to 6th May. The SBA team included Salem Ali Al Ghaithi, the Director; Faisal Ali Al Hammadi, who oversees Digital Media; Khalid Ahmed Al Zarouni, the head of the News Center; and Saeed Ahmed Bou Ghazin, in charge of News Exchange. According to Emirates News Agency, during the event, the SBA representatives participated in various workshops and discussions focused on how the media is changing in the digital age. They explored important themes like the challenges

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