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

Kuwait Fund partakes in COP28

Distinguished lectures, discussions by experts, specialists

Wildfire-Resilient Landscapes Network launched in partnership with Circular

Bioeconomy Alliance and the Commonwealth Secretariat ahead of COP28 UAE

DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai

DIFC’s Sustainable Finance Catalyst, which will be part of COP28’s legacy, aims to unlock opportunities and create an impact beyond the conference.

QIB in partnership with Visa, ecolytiq introduces Carbon Emission Tracker

By fostering awareness and promoting sustainable consumption habits through integrated climate insights

COP28: UAE signs deal with Bill Gates' nuclear company on advanced reactors

The memorandum of understanding comes amid a push by the UAE to expand its nuclear energy capacity

Citi GPS report outlines how to mobilize climate and development finance during COP28

Second GPS Report Highlights Global Challenges from Food Security, Water Scarcity and Climate

Determined to unite the world in tackling climate change: UAE President

President Sheikh Mohamed bin Zayed Al Nahyan delivered message ahead of today’s opening of UN talks on climate change

UK-based net zero asset manager HYCAP Group expands to UAE

The group also has plans for a UAE-based GCC Fund that will invest in companies serving the net zero energy transition and clean hydrogen supply chain

Deloitte report: Improved financing could save $50trln as the world decarbonizes

Improved financing structures and implementation could help drive down the cost of the transition to net-zero in developing economies by nearly 40%

COP 28: KPMG report reveals global challenges delaying the deployment of renewables

A KPMG survey found that only one-third of respondents have confidence that renewables will surpass fossil fuels as the primary fuel source by 2050

Dubai Financial Market to launch pilot carbon credits programme at COP28

DFM will commence the pilot programme for institutional investors starting from December 4-8, with the offsetting period ending on January 10, 2024

Middle East could play a key role in decarbonising global economy - Wood Mackenzie

COP28 could fast track decision-making and invite foreign investments needed to secure sustainable energy future

Mashreq partners with Visa and ecolytiq

To unveil MENA-first personal banking platform offering carbon emissions insights

3.5MW solar plant financed by Abu Dhabi Fund for Development inaugurated in Somalia

With a production capacity of 3.5 megawatts, the project aims to meet the electricity needs of Bosaso, the commercial capital of the state of Puntland

Nearly 75% of MENA banks have ESG strategies in place: EY

Regional banks need to emphasize on sustainable retail bank products

EY ESG MENA Bank Tracker: Nearly three-quarters of top MENA banks have introduced ESG strategies

Inaugural EY ESG MENA Bank Tracker shows nearly 75% of MENA banks analyzed have introduced ESG strategies into their operations

Oman takes a giant leap in reducing carbon emissions

This pioneering project will boast an annual capacity of over 32,000 megawatt-hours (MWh) of green electricity, fully covering the desalination plant’s energy requirements during daylight hours.

Climate change discussion needs to be led by logic not emotion, Saudi official says

He highlighted various issues tied to cybercrime

Mashreq takes center stage in ESG commitments with Climb2Change initiative

Cementing Its Position as a Sustainability Trailblazer in MENA

COP28 Presidency announces Net-Zero Transition Charter

The charter follows a technical report from the Global Stocktake, which showed that the world is off-track to keeping the goals of the Paris Agreement alive

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