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Press Dossier   By Date  29/06/2024
UAE developers embrace sustainability to boost property values
UAE developers can leverage sustainability to add value to their properties, as new data shows that 70 percent of investors are willing to pay premiums for green facilities.
MENA sukuk market surges 48% to $6.2bn: Bloomberg data
Sukuk issuance across the Middle East and North Africa surged 48 percent to $6.2 billion in the first half of 2024, driven by green and social projects, a new analysis showed.
UK investors urged to enter Saudi sports market, projected to reach $22bn by 2030
UK investors have been encouraged to enter the Saudi sports sector, with an official telling a London event its market value is set to hit SR84 billion ($22.38 billion) by 2030.
Closing Bell: Saudi main index rose to close at 11,729
Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 73.27 points, or 0.63 percent, to close at 11,729.62.
Saudi Arabia in good position for sustained economic development, minister tells OPEC Fund
Saudi Arabia’s accumulated savings, rich natural resource base, and state capabilities put it in a good position to pursue sustained economic development, according to the finance minister.
Foreign investment levels and sukuk funds among milestones revealed by CMA report
Raising SR29.95 billion ($8 billion) from sukuk and debt instruments and securing SR198 billion in foreign investments are some of Saudi Arabia’s achievements underscored in the Kingdom’s Capital Markets Authority’s latest report.
Top court upholds jail for convicts in 1MDB scandal
The court of cassation, the top court in Kuwait, on Thursday upheld a 10 year-jail term on a sheikh and his Kuwaiti partner for taking part in the country’s largest ever money laundering case in the so-called Malaysian Fund.
EPA, IOSEA sign MoU to preserve sea turtles
Deputy Director General for Technical Affairs at the Environment Public Authority, Dr Abdullah Al-Zaidan, announced the accession of Kuwait to the Indian Ocean and Southeast Asia (IOSEA) Convention for the Conservation of Marine Turtles and the signing of a memorandum of understanding that falls under the convention on the Conservation of Migratory Species of Wildlife.
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