Abu dhabi: First Abu Dhabi Bank (FAB) has successfully issued a US$1 billion Additional Tier 1 (AT1) perpetual non-call six-year instrument at a fixed rate of 5.875 percent. The issuance further strengthens FAB’s capital base going into 2026 and supports the bank’s long-term capital strategy. According to Emirates News Agency, the pricing was set at 5.875 percent, more than 50bps tighter than the initial range of 6.375 – 6.500 percent. This represents the lowest yield for a CEEMEA conventional USD AT1 issuance since May 2021, demonstrating FAB’s credit strength and its leadership as the UAE’s global bank. Investor demand was

Ajman: Ajman University (AU) has signed a Memorandum of Understanding (MoU) with Revitalife Compounding Pharmacy, the UAE’s first licensed compounding pharmacy, to expand collaboration in applied education, clinical training, research, and pharmaceutical innovation. According to Emirates News Agency, the agreement aligns with AU’s efforts to integrate academic excellence with practical training that prepares students for future roles in the healthcare sector. The MoU was signed by Dr. Karim Seghir, Chancellor of Ajman University, and Dr. Guillaume Safah, Founder and Chief Executive Officer of Revitalife Compounding Pharmacy, in the presence of academic and administrative representatives from both institutions. The partnership establishes

Abu dhabi: House of Artisans, an initiative under the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) in partnership with Mubadala, dedicated to preserving the UAE’s rich heritage of craftsmanship, is proud to announce the winners of the prestigious Design Competition. According to Emirates News Agency, the competition fostered innovation, celebrated traditional Emirati crafts, and provided a platform for emerging talent in the UAE through two categories: Furniture Design and Product Design. Announced as part of the award ceremony, the winners in the Furniture design category are Khaled Al Shaker and Mohammad Samara (1st place), Moustafa Zakaria

Abu dhabi: Viory, the video news agency of the Global South, has announced the inaugural Global South Video News Awards, offering a prize of AED12,000 in each of the four categories. The awards recognise video journalists whose work is reshaping how stories from the Global South are viewed and understood globally. According to Emirates News Agency, entries are free and submissions are open until 30th November 2025, with winners to be announced at the BRIDGE Summit in Abu Dhabi on 9th December 2025. Any video journalist working on stories filmed in, or linked to, the Global South may apply, provided

Abu dhabi: Gross banks’ assets increased by 2.2 percent from AED5,087.0 billion at the end of August 2025 to AED5,199.9 billion at the end of September 2025, according to the Central Bank of the UAE (CBUAE). According to Emirates News Agency, the CBUAE reported an increase in money supply aggregate M1 by 0.4 percent, from AED1,028.7 billion at the end of August 2025 to AED1,032.7 billion at the end of September 2025. This increase was due to a rise in currency in circulation outside banks by 1.0 percent and in monetary deposits by 0.3 percent. The money supply aggregate M2

Dubai: Dubai Municipality is participating in Big 5 Global 2025, taking place from 24th to 27th November at Dubai World Trade Centre, with a comprehensive presence across keynote sessions, panel discussions, technical workshops, and a dedicated exhibition stand. The participation underscores Dubai Municipality’s role in advancing future-ready urban systems and supporting Dubai’s vision for a sustainable, liveable, and globally competitive city. According to Emirates News Agency, as one of the construction sector’s foremost global platforms, Big 5 Global provides an opportunity for Dubai Municipality to highlight pioneering municipal projects and share practical experience with international partners, experts, and industry stakeholders.