Day: April 29, 2024

ABU DHABI: The United Arab Emirates and Ukraine have finalised the terms of a Comprehensive Economic Partnership Agreement (CEPA) between the two nations, the latest milestone in the UAE’s efforts to elevate the value of non-oil foreign trade to AED4 …

ABU DHABI: The Securities and Commodities Authority (SCA) today decided to extend the exemption from registration fees for green or sustainability-linked bonds or sukuk.

The decision, issued by Mohamed Ali Al Shorafa, Chairman of the SCA Board of Dir…

DUBAI: Heriot-Watt University and Aurora50 today published a detailed analysis of the current state of women’s representation on the boards of publicly listed companies in the GCC.

The report, entitled the ‘GCC Board Gender Index Report’, represents …

ABU DHABI: S and P Global Ratings, the global credit rating agency, confirmed that the total assets of the global Islamic finance sector continue on a path of rapid growth, pointing to the sector’s accelerated growth in the UAE last year due to the st…

DUBAI: Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, underscored that the UAE’s approach to climate action is underpinned by striking balance between economic development and environmental protection through leveraging low-ca…

Undersecretary of the Ministry of Commerce and Industry, Ziyad Al-Najim affirmed on Monday Kuwait’s keenness to support Kuwaiti inventors, innovators and intellectuals regionally and internationally. In the opening speech of the Intellectual Property …

The Central Bank of Kuwait (CBK) announced Monday news bonds and related tawarruq valued at KD 200 million (USD 600 million).

In a statement to KUNA, the CBK said that the securities bear a 4.375 percent rate with a three-month maturity rate.

Sourc…

Kuwait participated in the 49th annual ministerial meeting of the Board of Governors of the Islamic Development Bank Group, held in Riyadh.

During the meeting, the forty-ninth annual report for the fiscal year 2023 of the Islamic Development Bank was…