Saudi Arabia increases weighting in JPMorgan bond index

More than $341 billion of assets follow the JPMorgan Emerging Market Bond Index. (Shutterstock)
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Updated 09 June 2021
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Saudi Arabia increases weighting in JPMorgan bond index

  • Weighting increased by 1.04 percentage points to 3.90 percent

RIYADH: Saudi Arabia increased its weighting in the JPMorgan Emerging Market Bond Index by more than a percentage point over the past year after it issued more debt, Al Eqtisadiah reported.

The Kingdom’s weight in the index rose by 1.04 points to 3.90 percent, the fourth highest after Mexico, Indonesia and China, the newspaper said, citing a JPMorgan spokeswoman.

The dollar-denominated index included $80.6 billion of Saudi debt as of the end of the first quarter of 2021. Assets of more than $341 billion follow the benchmark index.


DP World announces new leadership appointments

Updated 13 February 2026
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DP World announces new leadership appointments

DUBAI: DP World announced the appointment of Essa Kazim as Chairman of its Board of Directors and the appointment of Yuvraj Narayan as Group Chief Executive Officer.

Essa Kazim currently serves as Governor of the Dubai International Financial Centre and Chairman of Borse Dubai. He brings extensive experience in financial and economic affairs, having previously held senior leadership positions in several national institutions.

Yuvraj Narayan has extensive professional experience in financial management, corporate finance, supply chains, and global trade. Since joining DP World in 2004, he has led a number of strategic and transformational initiatives that supported the company’s expansion across international markets and strengthened its role as an integrated global provider of end-to-end supply chain solutions.

Narayan has served as Group Chief Financial Officer since 2005, contributing to the company’s financial resilience and operational efficiency.

DP World affirmed that the new appointments support its strategy for sustainable growth and reinforce its role in strengthening global supply chains and supporting Dubai’s position as a leading hub for trade and logistics.