The facility has been treating vulnerable populations, including Sudanese refugees who are fleeing the conflict in their home country
The bond is part of a global medium term note programme that the emirate has mandated Citi, Deutsche Bank and JPMorgan to arrange, Citi said in an e-mail.
Abu Dhabi, along with the other six emirates in the United Arab Emirates, has seen a six-year economic boom fade as a result of falling oil prices and recession in the industrialised world.
But recent easing of global credit conditions and improved risk appetite is expected to help the issue, one of several recent Eurobond sales by emerging state borrowers.
The cost of insuring Abu Dhabi’s debt in the credit default swaps (CDS) market has fallen sharply since February and now trades at around 370 basis points, meaning it would cost $370,000 a year to protect $10 million of five-year debt, down from highs above 440 basis points.
The facility has been treating vulnerable populations, including Sudanese refugees who are fleeing the conflict in their home country
Six buildings were levelled in the initial wave of strikes and according to a preliminary toll, six people were killed and 91 wounded
A perfect meal should strike a balance between protein, whole grains, fruits, vegetables, and healthy fats
Temperatures may reach a high of 40 degrees Celsius in Abu Dhabi and 37 degrees Celsius in Dubai
Being recognised as a major defence partner was a welcome development that mirrored a confidence in US policy, says Sheikh Abdullah bin Zayed
Institutions also conduct psychometric tests in secondary years to help guide future career choices
Originally from New Zealand, Steve Ashby formed ‘Rise,’ a community-driven initiative aimed at raising awareness and supporting those affected
Cardiologists recommend that healthy adults undergo cardiac checks every two to four years, particularly those 40 years old and above