Sukuk market to remain strong in 2025, may reach $200 billion: Report
S&P projects global Sukuk issuance at $190-200B in 2025, with $70-80B in foreign currency. 2024 saw $193.4B total, driven by GCC and easing monetary policy.
S&P projects global Sukuk issuance at $190-200B in 2025, with $70-80B in foreign currency. 2024 saw $193.4B total, driven by GCC and easing monetary policy.
UAE and Malaysia signed a CEPA to boost trade, cut tariffs, and expand market access. UAE also signed a CEPA with New Zealand to triple trade by 2032.
Trump's policies may cause market volatility. US aims for growth, tariffs, and reduced deficits, but faces debt issues. Europe may benefit from low expectations.
UAE President and Albanian PM discussed bilateral ties, focusing on economic, investment, and development sectors. They signed an agreement for a joint financial venture, ALBtrace. They also discussed ADSW.
Developing economies' growth will lag, despite stable global economy. Weak long-term prospects, less FDI, trade restrictions, widening rich-poor gap.
BP plans to cut 4,700 jobs and 3,000 contractor roles globally. Cost-cutting aims for $2B savings by 2026, impacting office roles. Focus shifts to digital, renewable energy transition.
