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Press Dossier   By Date  30/11/2023
Can COP28 grab the world’s attention?
RIYADH: Around 200 heads of state, and diplomats will gather in Dubai later this week for the COP28 climate summit. This occurs at a time when global attention is fixated on the Israel-Hamas war in Gaza.
Special lending mechanism helping boost investment in Jazan region
RIYADH: Saudi Arabia’s Jazan region is attracting investments thanks to the lending mechanisms offered to regional investors, according to the assistant minister of industry and mineral resources for planning and development.
Saudi Arabia aims for 525 active fintech entities by 2030
RIYADH: Saudi Arabia has set a target to achieve 525 active financial technology entities by 2030, marking a significant milestone in the strategic development plan for the financial sector, according to a top official.
​​Global Islamic banking sector to hit $4tn by 2026
RIYADH: The global Islamic banking sector is set to be worth $4 trillion by 2026, driven primarily by Gulf Cooperation Council countries, according to recent data.
UAE supports global energy transition projects with $350m
RIYADH: Renewable energy projects in emerging economies are set to receive a 1.3 billion dirhams ($350 million) financial injection from the UAE’s development bank.
UAE issues new Dhs500 polymer banknote with special design
In line with the vision of the wise leadership, and embodying the UAE’s global leadership role in climate action and a sustainable future, which resulted in its hosting of COP28
Eviqe Diamonds launches a certified cutting-edge lab-grown diamond production facility in Dubai
Dubai, known for its unsurpassed luxury and innovation, is now home to a groundbreaking UAE certified lab-grown diamond company that is set to redefine the luxury jewelry industry.
PIF secures 10% stake in Heathrow through agreement with Ferrovial
RIYADH — Saudi Arabia’s Public Investment Fund (PIF) on Wednesday officially confirmed its entry into a share purchase agreement with Spanish infrastructure giant Ferrovial S.A., marking the acquisition of a 10% stake in FGP TopCo (TopCo). TopCo serves as the holding company for Heathrow Airport Holdings Ltd.
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