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

COP27 Presidency of Egypt names Boston Consulting Group as exclusive consulting partner

BCG will bring industry insight and analytical capabilities to support Egypt’s COP27 Presidency

EBRD, EU and GCF support green investments in Jordan

The facility will be on-lent to local private micro, small and medium-sized enterprises (MSMEs) in Jordan for investment in climate change adaptation and mitigation technologies and services.

Net zero transformation is a new paradigm for corporates

Given the rapidly changing ecosystem, net zero represents a new paradigm for corporates, bringing both threats and opportunities.

Ministry of Climate Change and EDB to finance agriculture SMEs and start-ups

The move is part of the UAE's efforts to boost local farming and strengthen its food security

Central Bank of Oman warns of climate risks to financial stability

The first is “direct physical impact leading to infrastructure and property damages”.

UAE's Masdar signs $21.4mln financing with ADB for Azerbaijan solar power plant

Plant expected to start commercial operations in 2023

Citi and Etihad sign on First Sustainable Deposit Solution

Citi launches two new sustainable deposit solutions at Abu Dhabi Global Market (ADGM)

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.

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