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The bank reduced Scope 1 emissions by 65 percent compared to 2022 and set 2030 emissions reduction targets for six portfolio sectors
The surge was driven by the rising popularity of customizable units and stable investment returns
Outbound travelers from the Kingdom spent an estimated $5.59 billion
Brent crude futures for September delivery rose 0.2 percent to $86.41 per barrel
This marked the 19th contraction in the manufacturing sector over the last 20 months
The fund swung to a profit of $36.81 billion in 2023, after posting a loss of $15.6 billion a year earlier
Brent crude futures rose 2 percent to $86.41 per barrel
This growth underscores Saudi Arabia's continued appeal to international investors
Discover the country’s sustainability and conservation efforts
Khalifa Fund members will gain access to special offers and tailored telecommunications and digital solutions from e& UAE through a dedicated online portal
UAE ranked among the top 10 global travel destinations in the past year
The project will expand DIFC's real estate with offices and retail, meeting the demand for prime office space in Dubai's financial district
In 2023, the UAE's GDP reached AED1.68 trillion, growing by 3.6 percent
Brent oil futures for September delivery increased 0.3 percent to $85.29 per barrel
New initiatives launched to make Dubai one of the world's top three urban economies by 2033.
This represents a 36 percent increase compared to the surplus of $8.1 billion recorded last year
The economy had contracted for two consecutive quarters in the second half of 2023, indicating a recent recession
Saudi Arabia ranked first among export destinations, with BD64 million (20 percent) in national origin exports
The agency expects non-oil growth of 4.3 percent in 2024
Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel
Egypt targets 3.5 percent primary surplus, 80 percent debt-to-GDP by 2027
In 2024, these countries accounted for 51 percent of U.S. dollar debt issued by EMs (excluding China)
Data indicates a growing trend of buyers, often younger individuals, seeking properties in popular lifestyle and social hubs