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

Qatar banks adopt ‘green initiatives’ in their business practices: QCB

Qatar topped the Mena region Energy Transition Index 2021, published by the World Economic Forum.

Private investors are crucial to the future of ESG

Here's how they can find their voice.

'Sustainable Energy Authority Award for Renewable Energy' to be launched

He indicated that through the award, SEA aims to promote the best technologies, applications and effective practices to enhance the contribution of renewable energy as a sustainable and competitive alternative to fossil energy, highlighting the importance

Energy Security and Sustainability in the Middle East- Challenges and Opportunities

Middle Eastern countries have been at the vanguard of developments in highlighting the important role that renewable energy can play not only in protecting the environment, but also in diversifying economies and providing opportunities for fiscal growth.

SEU launches the first training workshop for energy efficiency applications and solutions

The workshop aims to develop and consolidate local capacities in the field of energy auditing and to ensure a consistent standard for the assessment of buildings and facilities in line with international standards and the use of the best technologies and

EBRD, EU and GCF expand access to finance for Egyptian private sector

The package consists of a US$ 30 million credit line for on-lending to small and medium-sized enterprises

Qatar takes 10% stake in Rolls-Royce's low-carbon nuclear business

Qatar and Rolls-Royce said last month that they would team up in a multi-billion pound project to develop and invest in green technology start-ups in the UK and the Gulf Arab state.

Sustainability-linked debt market to bridge climate funding gap

There is marked shift in investors' interest from assets with carbon-intensive activities to sustainable green projects, according to Nneka Chike-Obi, Director, Sustainable Finance, Fitch Ratings

Pressure for mandatory global ESG standards

Reframing finance talent and data analytics to enhance corporate and ESG reporting

Emirates Draw launches long-term coral reef restoration programme

CSR initiative follows global coral reef healing during lockdown

CFA institute welcomes IOSCO recommendations

On sustainability-related practices, policies, procedures and disclosure in asset management

Dubai reduces 33% of carbon emissions in 2020

The Dubai Carbon Abatement Strategy aims to reduce carbon emissions by 16% by 2021

Bahrain’s ESG landscape and sustainable financing discussed

Bahrain Bourse issued its Environmental, Social and Governance (ESG) Voluntary Reporting Guideline for listed companies in June 2020.

Turkey Fast-Tracks Sustainable Finance

The Framework regulates the standards for sustainable financing instruments (including all green, social or sustainability bonds, sukuks, loans and other debt instruments) and eligible green and/or eligible social projects.

Saudi Arabia’s digital ambitions are key to low-carbon future

Saudi leaders are also pursuing a range of other significant sustainability initiatives

The role of hydrocarbons in the energy transition agenda

As the hydrocarbons sector shifts gears to enter a high-growth recovery phase, investments into related companies made with the long-term approach of value-creation are paying off

Authorities in Saudi Arabia sign environment and water deals to promote technology, scientific research

The agreement contributes to achieving the ministry’s objectives to meet current and future urban, agricultural and industrial needs

Investing in hydrogen: A roll of the dice or a lucrative opportunity?

The Green Chain Conference

Private funds will finance energy transition, investors say

These investments are likely to come from sources such as funds leveraged through banks and the private sector

EBRD steps up green financing in Turkey

In Turkey, the EBRD is a major institutional investor and to date has invested more than €14 billion in various sectors of the economy through 351 projects

Planet SOS