The institutions announced a USD 4.5 billion debt relief for the North African country in a joint statement. The IMF approved another disbursement of USD 9.3 million and is considering a three-year credit arrangement worth USD 100 million.

A pioneering sustainable city project in the United Arab Emirates, developed when climate change was not a global concern, has been transforming since 2008. Among its latest innovations is creating five buildings with total emissions compensation through generating clean energy.

Data released by the National Institute of Statistics revealed a 5.28 billion deficit year to date through November. The result represents a drop compared to the last year’s numbers.

The Emirates Development Bank launched a campaign to raise awareness of the population about waste disposal in the desert. Camels in the region are dying from the ingestion of plastic waste. The project was presented at their stand at COP28 in Dubai.

Get to know the life and career path of the engineer who started the Arab-Brazilian Chamber of Commerce’s business missions to Arab countries. At 88 years old, Yazigi spoke to ANBA about his history at the institution and in his profession and about the bonds he built in his personal and family life.