VIENNA / WAM The Opec Fund for International Development priced its inaugural benchmark bond issue in the capital markets on Wednesday. The bond was priced using its Sustainable Development Goal (SDG) bond framework on which Credit Agricole CIB acted as sole sustainability advisor. Attracting strong demand from investors globally, the 3-year fixed-rate sustainability bond raised $1 billion, which will …

  Dubai / WAM A total of 2,704 real estate transactions worth over AED13 billion were conducted during the week ending January 20, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 235 plots were sold for AED1.13 billion, while 1,944 apartments and villas were purchased for AED4.39 billion. The top three transactions were …

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has announced that 2023 will be the “Year of Sustainability”. The “Year of Sustainability” will include several initiatives, activities and events that draw upon the UAE’s deep-rooted values of sustainability and the legacy of its founder, the late Sheikh Zayed bin Sultan Al Nahyan. It will …