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In the context of Nuclear power phase-out in Germany, Swedish Energy company Vattenfall sought compensation from the German government for the premature shut-down of nuclear plants. [10] [11] In July 2024, the International Center for Settlement of Investment Disputes ordered Morocco to pay $150 million to Corral Petroleum Holdings. [12]
To qualify as official development assistance, a contribution must contain three elements: Be undertaken by the official sector (that is, a government or government agency); With promotion of economic development and welfare as the main objective; At concessional financial terms (that is, with favorable loan terms.)
In addition, two Sharia-compliant bonds, one worth $1 billion and another worth $700 million, were also listed on Nasdaq Dubai in 2017 and May 2014. [25] [26] In 2018, ICD acquired ISS Global Forwarding [27] and made DAE a wholly-owned subsidiary in 2019. [16] In 2020, the Government of Dubai transferred Dubai Multi Commodities Centre Authority ...
One of the key elements of the center is a privately held financial exchange that opened in September 2005 as Dubai International Financial Exchange (DIFX) but was rebranded as NASDAQ Dubai in 2008. The trading hours of NASDAQ Dubai are from 10:00 a.m. to 2:00 p.m. (6:00 a.m. to 10:00 a.m. GMT), from Sunday to Thursday. [10]
The Department of Economic Development (DED) of the Emirate of Dubai is a government body entrusted to set and drive Dubai's economic agenda within the broader governance systems of the United Arab Emirates. The DED and its agencies develop economic plans and policies, identify and support strategic sectors, and provide services to domestic and ...
The Emirates Development Bank (EDB) is an Emeriti state-owned financial institution established in 2015 in the United Arab Emirates under the patronage of Sheikh Mansour bin Zayed Al Nahyan, Deputy PM and Minister of Presidential Affairs of UAE. [2] [3] [4] It is one of the largest banking groups in the Middle East in terms of assets. [5] [6]
The International Bank for Reconstruction and Development (IBRD) is an international financial institution, established in 1944 and headquartered in Washington, D.C., United States; it is the lending arm of World Bank Group. The IBRD offers loans to middle-income developing countries. It is the first of five member institutions that compose the ...
Dubai Airport Free Zone (DAFZA) – Established in 1966, the free zone is located near Dubai International Airport. Dubai World Trade Centre – A complex built for hosting events and exhibitions, responsibly largely for the growth of international trade in the Middle East. [24] Others – Golf in Dubai, and Dubai Silicon Oasis Authority. Other ...