Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Boursa Kuwait crowned Most Sustainable Company in the Financial Services Industry by World Finance

Prestigious accolade reflects the company’s enduring commitment to promoting Corporate Sustainability within the Kuwaiti capital market

EY: 74% of MENA finance leaders are involved in the ESG agenda

74% say that the finance function is involved to a medium to high extent in driving ESG

BisB Achieves Second Place for the Kingdom’s Banking Sector

The Bank plans to continue to raise awareness on sustainability practices and update the necessary internal policies accordingly and determine initial areas of opportunity to further strengthen ESG-led actions

Al Masaood to introduce plug-and-play solar stations in GCC

The agreement is aimed at creating the widest and the most sustainable range of patented containerised, towable and movable solar stations

Abu Dhabi Islamic Bank publishes its first Environmental, Social, and Governance report

This report details ADIB’s ongoing efforts to address some of society’s greatest challenges and build more sustainable, diverse and equitable communities

Dubai to raise share of renewables to 14% of energy mix by end of year

Clean energy currently accounts for 11.5% of the emirate's mix

BNP Paribas and ADGM explore key areas of climate action in the lead to COP28 with UAE business leaders

BNP Paribas & ADGM release white paper following roundtable discussion with business leaders in the UAE

Where next for ESG investing in the UAE?

This is where the private sector and government can take an exciting role in helping the industry to develop ESG demand in the region, and particularly in the UAE.

BCG Accelerates Its Climate Action and Sustainability Commitments with Emirates Nature-WWF “Leaders of Change” Program Partnership

As a dedicated frontrunner in climate action, BCG is one of the first organizations to join the unique Emirates Nature-WWF platform to protect the environment and the natural heritage of the UAE through key youth-oriented activities.

Jordan Ahli Bank renews its cooperation with the Arab Group for the Protection of Nature

Driven by its vision to support the efforts of addressing the effects of climate change

UAE-Egypt consortium set to buy African renewables firm Lekela

The deal would give Masdar, its first foothold in southern Africa, expected by analysts and bankers to be the next major hub of renewables development after Asia considering the many hours of sunlight, even during winter

ADGM reinforces commitment to sustainable practices

To mark the beginning of the ban on June 1st, ADGM distributed re-usable tote bags in its community and encouraged people to use sustainable alternatives

NBB wins 2 sustainability finance awards from Global Finance

NBB had previously won the Outstanding Leadership in Sustainability Transparency Award from Global Finance’s Sustainable Finance Awards in 2021.

CIB discusses advancing sustainable finance in Egypt and the road to COP 27 in ‘Net Zero Delivery Summit’

The CIB has been strongly committed to sustainable finance since the beginning of its journey in 2012. The bank has successfully embedded sustainability across all banking operations, creating a culture of responsible banking within society and among stak

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