Dubai to build world's tallest residential skyscraper
Binghatti on Wednesday announced a project to develop the world’s tallest residential structure in Dubai — Burj Binghatti Jacob &…
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UAE’s green bonds, sukuk market valued at $17bln
As part of its participation in the 27th United Nations Climate Change Conference (COP27), held in the Egyptian resort of…
Qatar's QIA deposits $1bln in Egypt's central bank – report
Qatar’s sovereign wealth fund, QIA, has deposited $1 billion with Egypt’s central bank as part of a deal to buy…
World Bank chief urges ‘immediate actions’ by GCC to tackle water, energy security
The World Bank’s regional director for Gulf Cooperation Council countries has urged the organization to take “immediate actions” to address…
Storage concentrating solar power system ensure Dubai’s energy supply security at lowest cost
Dubai Electricity and Water Authority translates the ambitious vision and developmental renaissance in Dubai into mega projects and promising opportunities,…
Abu Dhabi-based IHC reports 236 per cent rise in profit for first nine months
International Holding Company has reported that its profits surged by 236 per cent for the nine-month period ending September 30…
UAE unemployment insurance mandatory from next year, announces ministry
Purchasing an insurance scheme against job loss will be a mandatory requirement once the programme goes into effect from January…
Mashreq Bank to facilitate sustainable financing worth $30bn by 2030
Mashreq Bank, the oldest privately owned bank in the UAE, will increase the amount of its sustainable financing to $30…
Crypto's FTX CEO looking at all options as Binance deal collapses
FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with…
World must take cyberattacks as seriously as terrorism, Saudi energy minister warns
International agreements are needed to thwart the growing risk of cyberattacks, according to Saudi Arabia’s Minister of Energy Prince Abdulaziz…
Egyptian credit platform Blnk raises $32 million
Blnk raises $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion…
Saudi Arabia's wealth fund pledges to reach net-zero by 2050
Saudi Arabia's Public Investment Fund aims to reach net-zero by 2050, with plans to finance projects that support the green…