DUBAI/WAM Dubai International Financial Centre (DIFC) on Monday announced the full redemption and on-schedule repayment of a $700mn Sukuk. This marks a significant milestone in implementing its sustainable financing strategy and commitment to responsible financial management. The repayment of the Sukuk reflects DIFC’s financial strength and the result of robust financial policies that enhance the efficiency of the centre’s debt …

BAKU/WAM Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, on Monday delivered his handover address as COP28 President on the first day of COP29 in Azerbaijan, concluding a landmark term defined by breakthrough progress across the climate agenda. During the speech, he called on all parties to “prove once again that we can unite, act and deliver” over …

RIYADH/WAM On behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, led the UAE delegation at the Extraordinary Arab and Islamic Summit on developments in Gaza Strip and Lebanon. The summit was inaugurated today by His Royal Highness …