According to statistics obtained by Arabian Business from the Union of Arab Banks, the UAE has increased by 170% in green bond issuance, while Saudi Arabia has recorded a 69% increase as its largest issuer in 2023.
The United Arab...
The UAE has expressed its doubts about the effectiveness of a ceasefire in resolving the Iran war. The UAE's stance is based on a perceived lack of trust in the Tehran regime.
The dollar rate in Pakistan has taken a significant turn as the Won breaks below 1,500 per dollar on hopes of mediation. This development may have a ripple effect on UAE remittances, particularly for Pakistani expats in the UAE.
Gold rates in Dubai have increased by 0.36% as of 7th April, with 24K gold now priced at AED 208.75 per gram. This surge is expected to impact the UAE's gold market, with buyers and sellers eagerly watching the price movements.
