DUBAI/ WAM Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues in the region and steering investment and financial requirements towards a more environmentally responsible approach. Bashar Al-Natoor, Global Head of Islamic Finance and Managing Director at Fitch Ratings, expressed optimism about COP28’s potential to accelerate the issuance of sustainable bonds in ...

Al ARISH/ WAM A UAE humanitarian aid convoy set off today from Al Arish, Egypt, towards the Rafah Border Crossing today, in preparation for its entry into the Gaza Strip. The aid will be distributed under the UAE’s supervision as part of the ‘Gallant Knight 3’ humanitarian operation, launched under the directives of President His Highness Sheikh Mohamed bin Zayed ...

BLOOMBERG Meituan is exploring a potential acquisition of Delivery Hero SE’s business in Southeast Asia as the Chinese delivery giant looks to diversify beyond its domestic market, according to people familiar with the matter. Meituan has held talks with Delivery Hero about buying Southeast Asian operations that run under the Foodpanda brand, the people said, asking not to be identified ...