Dubai / WAM Dubai’s Roads and Transport Authority (RTA) announced the completion of 50 percent of the Sheikh Rashid bin Saeed Roads Improvement Corridor. The project, which extends eight kilometres (km) along Ras Al Khor Road, runs from the intersection of the Dubai-Al Ain Road to the junction of Sheikh Mohammed bin Zayed Road. Improvement works also include the construction ...

Bloomberg European Union (EU) legislators are looking to tighten the region’s planned green bond standards and make it harder for issuers of environmentally-friendly debt to overstate their promises to investors. Sellers of European green bonds and sustainability-linked bonds should develop a transition plan indicating how they will adhere to a 1.5°C global warming scenario and reach climate neutrality by 2050, ...

Bloomberg Italy’s Finance Ministry said that it plans to spend about 2.8 billion euros ($3.2 billion) from the 2022 budget to help shield consumers from surging energy prices. The support will target the first quarter of the year, and will include 800 million euros of savings from a tax overhaul and unspent cash from previous months, according to people familiar ...