S. Arabia raises $5b in sukuk
Saudi Arabia has successfully raised $5 billion through the issuance of dollar-denominated sukuk, aiming to address…
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Abu Dhabi
UAE, Iran rare economic commission set to convene in Abu Dhabi
A rare joint economic commission between the United Arab Emirates and Iran will convene in Abu Dhabi from Tuesday…
Abu Dhabi raises $5b from eurobond market after 3-yr hiatus
Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Abu Dhabi to re-enter eurobond market after 3-yr absence
Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing…
Middle East to become sole region boasting $3tn funds
The Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting three trillion-dollar…
Dubai to divest stake in parking business
Dubai’s government selling a 25 per cent ownership share in the city's public parking business through an initial…
Adani Group’s to raise $2.6 bln for expansion
The Indian Adani Group is actively discussing with sovereign funds in West Asia to secure up to $2.6 billion for…
UAE launches 1st enzyme-based fuel additives facility in MENA
The Industrial Development Bureau (IDB), a branch of the Abu Dhabi Department of Economic Development (ADDED)…
Abu Dhabi Ports to run new Egypt’s Safaga terminal
Egypt and Abu Dhabi Ports Group signed an agreement on Wednesday for the latter to operate and maintain a…
Abu Dhabi, Siemens Energy partners for industrial decarbonisation
Abu Dhabi Department of Economic Development (ADDED), represented by the Industrial Development Bureau (IDB), and…
AfDB 2023