Environmental, social and governance debt issuance is set to rise from the fourth quarter of 2026, with Saudi Arabia and the UAE remaining central to growth, a senior official at ratings agency Fitch Ratings told Arab News.
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Abu Dhabi Future Energy Company (Masdar) has issued its first blue bond to support its European expansion. Blue bonds are a growing category of sustainable finance instruments designed to support water-related environmental goals.
Al-Ahsa Gov. Prince Saud bin Talal bin Badr on Wednesday launched a SR3 million ($800,000) initiative to plant 100,000 trees across the governorate, aiming to expand green spaces, increase vegetation cover and support environmental sustainability.
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank Purchasing Managers’ Index (PMI) to 54.0 from 55.3 in September, according to data compiled by S&P…
Saudi Awwal Bank (SAB) and the Cultural Development Fund (CDF) have signed a financing agreement to support the development of a new museum in Riyadh, offering visitors an interactive experience that explores aspects of the Kingdom’s history and cultural…
