MENA nations making rapid progress on climate technology
Sustainability and carbon-neutral businesses have finally become the mainstream and the Middle East is now on board. This time…
ESG
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Saudi PIF launches Regional Voluntary Carbon Market Co. with $133m capital
Saudi Arabia’s Public Investment Fund has announced the launch of the Regional Voluntary Carbon Market Co. in collaboration with Tadawul…
NBB gets major ESG ranking in Arab World
The National Bank of Bahrain (NBB) has successfully ranked first in its ESG (Environmental, Social and Governance) performance across all…
Kuwait applies only two of eight criteria by environmental governance standards
A study that has been published by the Oxford Business Group shows Kuwait’s economy complied with only two of the…
Egypt to issue $500m worth of green bonds in current fiscal: Finance Minister
Egypt is preparing to issue an estimated 9.8 billion Egyptian pounds ($500 million) worth of green bonds during the current…
G42 bolsters ecosystem with 15 strategic deals at Gitex Global
As Gitex Global, the world's largest tech and startup super-connector event concludes, G42, the leading UAE-based artificial intelligence and cloud…
Standard Chartered arranges $566.4mln in financing for first of its kind Saudi-Egypt electricity interconnection project
Standard Chartered Bank with Sumitomo Mitsui Banking Corporation announces the provision of a US$566.4m Export Credit Agency supported Islamic financing…
SABB cards made of 85% recycled plastic
The Saudi British Bank has adopted sustainable cards made of recycled plastic, making SABB cards ecologically friendly. This initiative…
Dubai-based ESG Integrate joins global player Renoir Consulting
ESG Integrate has joined global player Renoir Consulting. Founded by Imad Alfadel, ESG Integrate has in a short space…
CIB participates in 2022 IIF Emerging Markets Sustainable Finance Summit
The Commercial International Bank participated in the 2022 IIF Emerging Markets Sustainable Finance Summit hosted by the Institute of International…
Dubai Islamic Bank P J S C : Going Green with EVolve – DIB's Sustainable Auto Finance
In a world increasingly focused on sustainability, Dubai Islamic Bank has unveiled a new Green Auto Finance that goes in…
WGES 2022 to promote international cooperation to combat the effects of climate change
The world is at a crucial turning point where, if meaningful action is not aggressively pursued, climate change will have…