Business

Zayed International Airport launches daily Berlin-Abu Dhabi flights with Condor and Etihad codeshare

Zayed International Airport (AUH) has announced the launch of a new daily, year-round service connecting Berlin and Abu Dhabi, operated by Condor Airlines. This marks the first scheduled direct flight between the two capitals on Condor’s network, enhancing travel options…

UAE’s Ali Alhosani becomes first Emirati elected to senior IMF position

Ali Alhosani has been elected as the Executive Director at the International Monetary Fund (IMF), marking a significant milestone as he becomes the first Emirati to assume this senior international role. The announcement was made by His Highness Sheikh Maktoum…

Brendan Gow emphasizes disciplined growth strategy at Capital Haus

Brendan Gow, Founder and Executive Chairman of Capital Haus, has articulated a disciplined approach to growth that prioritizes strategic alignment over opportunistic expansion. This philosophy, shaped by two decades in financial services, emphasizes the importance of making decisions that not…

First Abu Dhabi Bank issues MENA’s first digital green bond worth $272.3 million

First Abu Dhabi Bank (FAB) has successfully issued the Middle East and North Africa's first digital green bond, valued at AED1 billion ($272.3 million). This landmark issuance, which combines distributed ledger technology with sustainable finance, was priced on October 13…

Pound strengthens as UK economy unexpectedly grows, dollar weakens

The British pound strengthened against the US dollar on Thursday, marking its largest daily rise since mid-August, following unexpected growth in the UK economy. Sterling rose 0.5% to $1.3253, aided by a 0.15% decline in the dollar, as traders reacted…

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