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Press Dossier   By Date  21/09/2023
Investment surge needed to achieve sustainable goals
RIYADH: Saudi Arabia’s Vision 2030 aligns powerfully with the UN sustainable development goals, according to a top government official.
​​Saudi Arabia’s HR fund to join international cybersecurity organization
RIYADH: Saudi Arabia has increased its stakes in cybersecurity protection, with the Human Resources Development Fund receiving approval to join the US-based Forum of Incident Response and Security Team – an institution known for its global best practices.
​​Saudi Arabia closes September sukuk issuance at $650bn
RIYADH: Saudi Arabia’s National Debt Management Center has closed its riyal-denominated sukuk program issuance for September with a total bid amount of SR2.45 billion ($650 billion), down 29 percent compared to August.
​​Kuwaiti fund grants $570m loan to boost Gulf’s electricity expansion project
RIYADH: In a bid to enhance regional connectivity, the Gulf Electricity Interconnection expansion project has secured a $570 million loan from the Kuwait Fund for Arab Economic Development, according to an official release.
​​UAE'S Fujairah Aug marine fuel sales hit eight-month highs
Marine fuel sales at the UAE's Fujairah, the world's third-largest bunker hub, scaled eight-month highs in August, although volumes remained lower from a year-ago period, data showed.
​​Sharjah Airport serves over 2.8m passengers during July and August
Sharjah Airport has welcomed more than 2.8 million passengers from over 30 countries on 17,700 flight movements, during the months of July and August this year, according to Sharjah Airport Authority. This reflects the trust and confidence that the passengers have placed in the Airport’s services, as well as in providing a distinctive and convenient travel experience.
​​DIFC unveils five-year innovation outlook for financial services
Dubai International Financial Centre (DIFC), in collaboration with Refinitiv, a London Stock Exchange Group business and one of the world’s largest providers of financial markets data and infrastructure, on Wednesday published a report titled “Drivers of Innovation in Financial Services”, revealing a five-year outlook for innovation in the financial services industry.
​​Global debt hits record $307 trillion despite rising interest rates, says IIF
Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates curbing bank credit, with markets such as the United States and Japan driving the rise, the Institute of International Finance (IIF) said on Tuesday.
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