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

Don't Choose Extinction

The amount spent directly on these subsidies could pay for COVID-19 vaccinations for every person in the world

Bahrain details fiscal balance plan as zero-deficit target delayed to 2024

Bahrain's public debt climbed to 133% of gross domestic product last year from 102% in 2019, the International Monetary Fund said.

Innovating to net zero: An executive’s guide to climate technology

Advanced technologies are critical to stopping climate change—and the drive to develop and scale them is accelerating. Here are five themes that could attract $2 trillion of annual investment by 2025.

Under 1% of $27 trillion global fund assets are paris-aligned

The research is based on CDP temperature ratings

Marubeni joins cogeneration, desalination project in Saudi Arabia

Greenfield project will supply electricity, steam and desalinated water to Saudi Aramco’s oil and gas facilities

Saudi Arabia launches two initiatives at cost of $10.4 billion to combat climate change: Crown Prince

Mohammed bin Salman said gathering planned to put a regional roadmap into place for combating climate change

Prince Charles addresses Saudi Green Initiative Forum

Highlights "dangerously narrow" window for green recovery

Saudi Aramco aiming to achieve net zero emissions by 2050, CEO reveals

Announcement came after HRH the Crown Prince Mohammed bin Salman Al Saud revealed that Saudi Arabia aims to achieve net zero emissions by 2060

Abu Dhabi energy sector to achieve sustainable development: Awaidha Al Marar

Preserving the environment and achieving sustainability of resources are of key significance to Abu Dhabi’s energy sector

The Saudi Green Initiative: a technology-driven revolution

With a 30-year background in Silicon Valley, where he was executive director at the Stanford Research Institute, Dr. Sidki is an authority on robotics and artificial intelligence (AI).

Why the UAE’s 2050 net-zero pledge matters

Country's path towards declining carbon dioxide levels and other greenhouse gases is easier than others with a mix of new solar and nuclear facilities, batteries, and gas-fired plants fitted with carbon capture and storage or adapted to burn hydrogen

Route to net zero emissions will cost global economy $5trln annually: Report

Failing to address climate change could lead to the loss of 3 percent of global gross domestic product annually this decade

Research reveals challenges of transition towards a greener carbon neutral world ahead of COP26

Collective energy transition will determine success

Saudi British Bank makes kingdom’s first green deposit to finance sustainable initiatives

The funds were deposited with HSBC in the UAE

Saudi energy minister, PIF head, NEOM CEO to lead Saudi Green Initiative forum

The forum comes two days before the Green Middle East Summit, also being hosted by Saudi Arabia, which will see neighbouring countries come together to discuss combating climate change through collective action, Asharq Alawsat reported.

Saudi energy minister, PIF head, NEOM CEO to lead Saudi Green Initiative forum

Also present will be international and regional experts and global leaders.

Climate change is biggest risk to financial institutions, says UAE Central Bank governor

Khaled Balama says regulators and institutions should work together to mitigate climate risk

BNY Mellon Announces Collaboration With Future Investment Initiative Institute

"We are pleased to be working with FII Institute, together using our global reach, influence and resources to help build the future."

FAB joins UAE’s race for net-zero carbon emissions by 2050

As part of this commitment, FAB will enable its clients to transition towards a climate-neutral economy

Funds Governance in 2021 – What it Means to Investors

The research found that the rise of ESG investing, demands for specific experience and greater expectations on transparency are all shaping the fund governance landscape

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