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Markets
Saudi Arabia’s Aramco plans bond issuance in 2024
Aramco will now be able to capitalize on recent declines in global interest rates
Sustainability
UAE, France forge agreement to establish bilateral climate investment platform
The MoU took place during the 2nd plenary meeting of the UAE-France High-Level Business Council in Paris
Interviews
Exclusive: Dr. Amr Talaat, Egypt’s Minister of Communication and Information Technology, on expanding the country’s ICT market
Enhancing Egypt as a strategic offshoring destination and building a digital society
Logistics
Saudi Arabia’s PIF acquires 40 percent stake in Zamil Offshore Services Company
The investment aims to enhance the financial resources of Zamil Offshore
Hospitality & Tourism
NEOM and MDLBeast launch mega beach club on $500 billion Sindalah Island project
Mega project launches first destination amidst ambitious transformation plans
Logistics
Saudi Arabia launches $373 million road projects in Makkah
Improving transportation network and serving pilgrims
MENA
Alibaba forges strategic partnerships with local Gulf companies
Chinese E-commerce giant strengthening ties with Saudi Arabia and the UAE
Markets
Bitcoin market value tops $1 trillion with support from U.S. spot ETFs
Bitcoin's price peaks at $52,079 amid inflows to exchange-traded funds
Economy
113th Arab Economic & Social Council: UAE reiterates support for joint efforts to achieve sustainable economic development
H.E. Bin Touq highlights UAE’s keenness to strengthen Arab level cooperation in new economy sectors
Energy
TAQA net profit up 107 percent at $4.5 billion in 2023
Growth driven by strong demand for transmission and distribution services
Sustainability
WGS 2024: ALTÉRRA investment vehicle sets ambitious goal to mobilize $250 billion by 2030
UAE committed $30 billion to ALTÉRRA during COP28
Markets
Saudi Arabia closes February sukuk issuance at $2.09 billion
Issuance was divided into three tranches
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