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Press Dossier   By Date  17/07/2024
Global sukuk issuance hits $91.9bn in H1: S&P Global
RIYADH: Global sukuk issuances reached $91.9 billion in the first half of 2024, marking a marginal year-on-year increase of 0.87 percent, driven by issuers from Saudi Arabia and the UAE.
Saudi delegation visits Airbus in Hamburg to mark historical deal
A delegation from Saudia airline has made a special visit to Airbus’s factory in Hamburg to see for itself the progress of the largest aircraft deal in the Kingdom’s aviation history.
Abu Dhabi’s GDP grows by 3.3% in Q1, driven by non-oil sectors
Abu Dhabi’s gross domestic product increased by 3.3 percent annually during the first quarter of 2024, driven by the growth of non-oil economic activities.
Emirates SkyCargo places $1b order for 5 Boeing 777 Freighters
Emirates SkyCargo, the cargo arm of the world’s largest international airline, has announced a firm order for an additional five Boeing 777 freighters, with immediate delivery between 2025 and 2026. The US$ 1billion order will take the airline’s total order book to 315 wide-body aircraft.
CBUAE and NBE sign currency swap agreement, two MoUs
Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Mamo E. Mihretu, Governor of the National Bank of Ethiopia (NBE), have signed a bilateral currency swap agreement for the UAE Dirham and Ethiopian Birr.
New platform for deliberating realty sector’s issues in Sharjah
The Sharjah Real Estate Registration Department (RERD) has announced the publication of the second issue of “Sharjah Real Estate” Magazine, which aims to highlight real estate affairs in the emirate in particular, and the United Arab Emirates in general, while also presenting the latest technical innovations related to real estate.
Flydubai set to expand fleet with 7 new aircraft by 2024
flydubai announced that it will receive seven aircraft before the end of 2024 and is on track to hire more than 130 new pilots by the end of this year.
Strategic partnership between Saudi Awwal Bank and UnionPay International fuels Saudi Vision 2030 tourism drive
In a strategic step towards enhancing the digital payment ecosystem in the Kingdom, Saudi Awwal Bank, a leading bank in the Kingdom of Saudi Arabia, announced its strategic partnership with UnionPay, a world-leading payment network.
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