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

QatarEnergy acquires 40% of 2 natural gas exploration blocks in Egypt

As per the statement, QatarEnergy will acquire 40% of the offshore concession agreement on the Cairo and Masry blocks

Global ESG sukuk market projected to surpass $50bn thanks to funding diversification

The year started with key regulatory initiatives, which could support standardization, ecosystem development, and aid transparency.

Emaar, The Economic City signs agreement with Aramex to advance logistics sustainability in KAEC

Under this agreement, both parties will implement cutting-edge, sustainable logistics solutions to minimise environmental impact and improve operational efficiency

Abu Dhabi Chamber supports sustainable innovative solutions

Nine companies participating as part of its Pavilion at WFES

Sparklo leads environmental impact with 14.5mln plastic bottles and cans recycled in the UAE

Since its launch a little over a year ago, Sparklo has installed 170 Reverse Vending Machines (RVMs), called Sparklomats, across the UAE

Saudi Arabia’s green hydrogen production efficiency positions it as a global leader: report

The analysis further emphasizes that by 2030

Global startups awarded in Dubai for innovation and sustainability

VerdExim Sustainability Awards aim to inspire, support and amplify the efforts of startups shaping a sustainable future

DMCC unveils new hub to power ESG impact

The new ecosystem will pioneer environmental, social, and governance (ESG) best practices among DMCC’s member base of over 24,000 companies

CaixaBank, leading bank on Sustainable Finance in EMEA in 2023, according to the Refinitiv ranking

Sustainability is a pillar of CaixaBank’s 2022-24 Strategic Plan.

Green, ESG-linked bonds issuance to hit over $1tn worldwide in 2024

It is projected that Saudi Arabia and the UAE will continue to dominate the regional green bond market.

ADIB continues to drive sustainability with "VOLT" Electric Vehicle Finance Program

he program offers a competitive financing rate starting from 1.79%, the lowest in the industry for new electric vehicles (EVs).

Emirates Nature-WWF to advance UAE's sustainable blue economy

The ‘blue economy’ is a concept that captures the economic value of the world’s oceans and its life.

Gulf Bank launches 'A Step towards change' environmental sustainability initiative

In collaboration with the Environment Public Authority and five cooperative societies, marking the initial phase

Bahrain energy company to form captive insurer

The energy company said the agreement aligned with its efforts to consolidate its insurance portfolio across the Group.

Arab National Bank partners with Canon

Canon's Climate Project Contribution enables companies to compensate for emissions that arise during the use of Canon products

Accenture to help e& shape and drive sustainable procurement strategy

Now, the company has raised the bar, stating that it aims to achieving zero carbon emissions across its operations in all markets by 2040.

Aldar partners with Yellow Door Energy to provide 34 megawatts of solar power to properties in the UAE

Starting in 2024, the partnership will deliver clean energy to 45 Aldar properties for 20 years

BlackRock to invest up to $400m in Dubai decarbonization firm Positive Zero

Winter’s comments were made in the statement issued by Positive Zero.

Sustainability Consultancy Programme in the UAE and KSA Launched by e& During COP28

The programme was unveiled during the United Nations Framework Convention on Climate Change

UAE cabinet approves green fuel guideline for aviation

In 2023, the UAE cabinet issued more than 60 policies, initiatives, and decisions to promote the nation’s efforts to combat climate change and its impact

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