💨 Abstract

The UAE is accelerating mega projects in infrastructure, renewable energy, and real estate, focusing on sustainability. These initiatives are driving an increase in sukuk and bond issuances, as global credit rating agencies anticipate more reliance on these funding sources. Bashar Al Natoor, from Fitch Ratings, predicts that bonds and sukuk will finance future projects, with the UAE aiming for net zero emissions by 2050.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖