By Ron Chen, Bureau Chief, Asia The Eurasian Development Bank (EDB), a supranational financial institution headquartered in Almaty, Kazakhstan, has issued a private placement bond, denominated in dirhams, on the local UAE capital market. This pioneering issuance of AED 200 million (equivalent to c. US$ 54 million), was arranged by First Abu Dhabi Bank (FAB), the largest bank in the UAE, in partnership with Abu Dhabi Fund for Development (ADFD), a leading national development finance institution. This issuance supports the EDB’s strategic objective of enhancing regional infrastructure, trade, and industrial projects, while...
Landmark partnership to enhance Côte d’Ivoire’s digital infrastructure and connectivity landscape By Cyber Era NG Special Correspondent Raxio Côte d’Ivoire ...