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

ESG Investors can drive lasting, measurable change

Investors search for ESG-driven solutions that deliver positive social and environmental change

Egypt completes a $3bn loan for green and Islamic financing

Other banks participating in the financing arrangement included Abu Dhabi Islamic Bank, Al Ahli Bank of Kuwait, Arab Banking Corporation, Standard Chartered, National Bank of Kuwait and Warba Bank.

Investcorp releases 2021 responsible business report

Mohammed Alardhi: all businesses must prioritize responsible investing to move towards more sustainable economies

New initiative to promote sustainable finance skills for Middle Eastern youth

The initiative builds on the success of student trading competitions annually hosted by the Rotman School in Canada, Europe and Asia.

UAE, UK to explore clean hydrogen opportunities through new partnership

“This report will align with the WGEO’s objective to enable and implement bankable and sustainable green projects and programmes by linking technology, capacity-building and finance.”

Climate failure and social crisis top global risks 2022

Top risks are climate crisis, growing social divides, heightened cyber risks and an uneven global recovery, as pandemic lingers on

HSBC and Saudi National Bank create first sustainable finance framework

Facilitating access to multiple avenues of sustainable financing

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.

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