Author: dailyguardian.ae

The UAE led regional green bond league tables in 2023, with sales reaching $10.7 billion, up nearly 170 per cent and accounting for approximately 45 per cent of regional totals, a report showed on Thursday. According to data from Bloomberg’s capital markets league tables, annual issuances of green social, sustainable, and sustainability-linked bonds (GSSB) in the Middle East and North Africa (Mena) hit a new record in 2023 of approximately $24 billion. The 155 per cent increase was driven primarily by growth in the UAE and Saudi Arabia, which together accounted for 77 per cent of total regional issuances. The…

The crackdown launched by the Pakistani military against illegal currency players to control the smuggling of the dollar has almost removed the black market rates, a US think-tank said. “A strong military crackdown on illegal currency markets that began in September has virtually eliminated the black-market rate, supporting capital inflows and remittances. Lastly, the passage of the state-owned enterprises (SOE) law should enable Pakistan to privatise troubled SOE’s, reducing fiscal expenditure while also providing another avenue for financing,” Garbis Iradian, chief economist for Mena and Central Asia, Institute of International Finance (IIF), said in a note. The South Asian currency…

The City of Gold is a moniker for Dubai that any Tom, Dick and Harry in the world would know. Do-buy in Dubai is another tagline the Emirates airline and other merchants flaunted on their shopping bags once upon a time. Gold has since lost its sheen as a magnet for visitors to Dubai, the emirate having set itself on the path of diversification from oil and trade to a knowledge-based economy. It’s now a regional and international hub for anything that fattens its GDP — from talent pool, education, space, to services, aviation and health tourism. YouTubers to content…

Zheng Qinwen coasted past Ukrainian qualifier Dayana Yastremska on Thursday to become the first Chinese finalist in a decade at the Australian Open, setting up a decider against defending champion Aryna Sabalenka. The 12th seed, heading into the world’s top 10 in next week’s updated rankings, delivered a controlled performance on Rod Laver Arena to win 6-4, 6-4 in one hour 42 minutes. She is the first Chinese player to reach the final at Melbourne Park since her idol Li Na, who won the tournament in 2014. “I’m super excited to have such a great performance today and arrive in…

Dali IO-12 MSRP $1,300.00 “Whether wired or wireless, the IO-12 offer sumptuous sound and comfort.” Pros Incredible sound quality Supreme comfort Top-notch build and materials Wired, digital, and wireless hi-res connections Very good battery life Clear transparency mode Cons Very expensive No companion app No wear sensors There are bound to be some audiophiles out there who still clutch their pearls at the thought of using a set of wireless headphones for serious music listening, but they probably haven’t heard what the latest wireless headphones can do. More specifically, they probably haven’t heard the Dali IO-12. If they had, I’m…

Have you ever received a parking fine in Dubai and found yourself questioning why you were penalised? You believed no rules were broken, but can you be absolutely certain? Dubai’s Road and Transport Authority enforces strict parking rules and imposes fines on violators. Haphazard or illegal parking can obstruct traffic flow for vehicles and pedestrians and may block access to fire hydrants. It is important to be aware of these parking rules to prevent incurring unnecessary charges. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Below is a list of parking fines in Dubai. Note…

Thousands of Indians flocked to a recruitment centre on Thursday for jobs that would take them to Israel despite the three-month Israeli-Hamas war that is devastating Gaza and threatening to ignite the wider Middle East. Many among the crowd of men, mostly skilled construction workers and labourers, said they would take their chances in a country embroiled in war as they are struggling to find jobs in India, where unemployment remains high despite a swelling economy. Anoop Singh, a college graduate and construction worker, was told he would make about $1,600 a month if he was selected to go to…

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, concluded 2023, its best performing year to date, the company said on Thursday. During 2023, Dubai South Properties (DSP) handed over phase 1 of its Pulse Villas project, comprising 268 units. A first-of-its-kind development in the residential district, Pulse Villas was launched in 2021 and features 342 units of 2-, 3- and 4-bedroom units across its phases, with handover for phase 2 slated for Q1 2024. Real estate activity in Dubai South remained strong through 2023, with DSP launching and successfully selling the first three phases…

An American entrepreneur, author, and influential speaker, best known as the co-founder of the billion-dollar venture Quest Nutrition, Tom Bilyeu’s impact extends beyond the entrepreneurial realm. As the co-creator of the YouTube channel ‘Inside Quest’, later rebranded as ‘Impact Theory’, Bilyeu continues to delve into the minds of successful individuals across various fields, providing valuable insights and inspiration, emphasising the importance of mindset, growth, and resilience. In his own words, he recalls crafting the podcast show initially for his employees, driven by a vision to instill a mindset that would serve them well, whether they stayed within his company or…

Callum Shinkwin shot a stunning eight birdies in a row as he carded a brilliant 62 to take a two-shot lead after round one of the $2.5 million Ras Al Khaimah Championship on the DP World Tour. The Englishman was already two under when he started his run on the 16th, recording ten birdies in 11 holes to send talk of a 59 rippling around Al Hamra Golf Club. A bogey on the seventh ended those hopes but he picked the shot straight back up on the next and his ten under par total left him two ahead of countryman…