Bank of China Dubai Branch has listed a CNH 2 billion Yulan Bond on Nasdaq Dubai, marking the exchange's first-ever Yulan Bond listing. The two-year note matures in October 2028 and is dual-listed on the Hong Kong Stock Exchange with an 'A' rating from Fitch Ratings.
Ras Al Khaimah signed a friendship agreement with Fujian Province and 10 memorandums of understanding with Chinese counterparts. The deals cover humanoid robotics deployment, cross-border financial cooperation, infrastructure, smart transportation, and advanced manufacturing.
Fitch Ratings has assigned a final 'A' rating to Bank of China Dubai Branch's CNY 2 billion yulan bonds due in 2028. The notes were issued under Bank of China's USD 40 billion medium-term note programme. Proceeds from the issuance will be allocated toward general corporate purposes.
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