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's latest news includes a bailout and updates on Iran's financial situation. The news is part of the current events in the UAE and the Gulf region.
Iran has joined the USA, Israel, Saudi Arabia, UAE, and Pakistan amid escalating Middle East tensions. The Strait of Hormuz crisis is disrupting global travel and shipping routes.
The UAE has reportedly asked the US about a potential wartime financial lifeline. This development may have significant implications for the UAE's financial sector.
