GENEVA / WAM The global rise of cities has been unprecedented. Every week, nearly 1.5 million people become urban dwellers. By 2050, the urban population will account for more than two-thirds of the world’s population. “Cities are evolving faster than ever and encountering unprecedented demographic, environmental, economic and social challenges. Sustainable urban development is the current global priority; however, …

  DUBAI / WAM Investment Corporation of Dubai (ICD) successfully completed the issuance of a $1 billion 10-year sukuk. The sukuk was well received by regional and international investors and generated orders exceeding $3 billion. The $1billion sukuk will be listed on the Nasdaq Dubai exchange and is the first to be issued from the region in 2017 and the …

  Dubai / Emirates Business The Ministry of Health and Prevention (MOHAP) announced that the Ministry’s participation this year has had a strong line up of innovative health services launched globally and regionally during its participation at the Arab Health Exhibition & Congress 2017, which was hailed by participants and visitors as a success, revealing the UAE’s excellence and leadership …