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Planet SOS

06/03/2022

UAE-Egypt consortium set to buy African renewables firm Lekela

The deal would give Masdar, its first foothold in southern Africa, expected by analysts and bankers to be the next major hub of renewables development after Asia considering the many hours of sunlight, even during winter

06/03/2022

ADGM reinforces commitment to sustainable practices

To mark the beginning of the ban on June 1st, ADGM distributed re-usable tote bags in its community and encouraged people to use sustainable alternatives

06/02/2022

NBB wins 2 sustainability finance awards from Global Finance

NBB had previously won the Outstanding Leadership in Sustainability Transparency Award from Global Finance’s Sustainable Finance Awards in 2021.

06/01/2022

CIB discusses advancing sustainable finance in Egypt and the road to COP 27 in ‘Net Zero Delivery Summit’

The CIB has been strongly committed to sustainable finance since the beginning of its journey in 2012. The bank has successfully embedded sustainability across all banking operations, creating a culture of responsible banking within society and among stak

05/30/2022

Jordan spearheading climate-responsive digital infrastructure — World Bank

The World Bank added that the Kingdom is the first developing country to build MRV and GHG systems to international standards

05/30/2022

Boubyan Bank releases its 2021 sustainability report

The report highlightsBoubyan’s ESG metrics and reflects the group’s steady journey to ESG

05/26/2022

NBK reinforce its sustainability commitment, embracing eco-friendly practices across its branch network

To support a smooth transition to sustainable low-carbon and climate-resilient economy

05/23/2022

TCI Sanmar launches 3rd GRI sustainability report “Conserving resources for sustainable growth”

Jayaraman: TCI Sanmar’s dedication to sustainability drives us to consider innovative methods to be future-ready, focusing not just on current development but also, on proactively tackling tomorrow's concerns

05/17/2022

Egypt seeks partnerships with US private sector for green investment boost

Two US companies signed agreements to establish green projects in the North African country

05/12/2022

Gulf International Bank issues inaugural sustainability report

The Report provides an overview of GIB’s strategic approach to sustainability and the Bank’s direct activities and initiatives and discloses them in accordance with the Global Reporting Initiative (GRI) for the year 2021

05/12/2022

Unlocking green finance for Dubai real estate

The banker told leading figures from Dubai’s real estate sector that while financial institutions are keen to drive green lending initiatives

05/10/2022

Majority of Middle East’s wealthy plan to increase sustainable investments

Eighty-one per cent of regional HNW investors already consider sustainability and ESG when making financial decisions, according to Lombard Odier

05/09/2022

Emirates NBD strengthens commitment to ESG agenda

The report has been prepared in accordance with the GRI Standards and aligned to the UAE Vision 2021 as well as the UN Sustainable Development Goals.

04/27/2022

New €500 million facility to green Turkey’s financial system

The new facility will continue to support specific investments

04/25/2022

Masdar signs deals to develop 4 GW-capacity green hydrogen plants in Egypt by 2030

These projects will build on the UAE’s and Masdar’s position as an early mover in the global hydrogen market

04/22/2022

Scatec, Acme's Oman project gets world's first green hydrogen certificate

The electrolysers will have a capacity of 300 MW

04/22/2022

The GCC’s net zero goals set to boost sustainability-linked loans, bonds

As it currently stands, the green finance sector in the Gulf Cooperation Council has made significant progress within the public sector.

04/21/2022

IBM unveils its new reporting framework and report for environmental, social and governance

‘IBM Impact’ Aims to Create a More Sustainable, Equitable, and Ethical Future

04/18/2022

EBRD’s first investment under new green financing facility in Turkey

Through this loan, TSKB will extend green credit lines to companies to enhance their energy efficiency, renewable energy and climate resilience measures.

04/14/2022

UAE calls on global investors to benefit from its business-friendly environment

Dr Sultan Al Jaber discusses support for industry on visit to Enviroserve and Unilever factories in Dubai Industrial City

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