EBRD steps up green financing in Turkey
Reconfirming its commitment to supporting Turkey’s green transition, the European Bank for Reconstruction and Development (EBRD) is providing a US$…
ESG
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Fitch Affirms Abu Dhabi Islamic Bank at 'A+'; Outlook Stable
Fitch Ratings has affirmed UAE-based Abu Dhabi Islamic Bank's Long-Term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook…
Dubai regulator unveils sustainable finance task force in DIFC
The Dubai Financial Services Authority (DFSA) has launched a task force on sustainable finance (TFSF) in the Dubai International Financial…
Saudi Arabia prepares to offer its first green bond
The Saudi government and the kingdom’s sovereign wealth fund are preparing to launch green bonds in the coming months, according…
Emirates to conduct a test flight using 100 per cent sustainable aviation fuel
Emirates and GE Aviation have signed a Memorandum of Understanding (MoU) to develop a programme that will see an Emirates…
Saudi Wealth Fund Bets on E-Commerce and Clean Energy Companies
Saudi Arabia’s sovereign wealth fund waded deeper into the U.S. stock market, adding stakes in e-commerce, Chinese, and clean energy…
“A fragile win”: looking back at COP26
Before it began, Greta Thunberg called it “blah, blah, blah.” While it was going on, the foreign minister of the…
Standard Chartered executes ESG ‘use of proceeds’ repo with Saudi National Bank
Standard Chartered has executed an ESG ‘use of proceeds” repo transaction globally with the Saudi National Bank. It reports…
Standard Chartered Bank executes its first ESG 'Use of Proceeds' repo
Standard Chartered Bank said on Monday it has executed its first ESG (Environmental, Social, and Governance) ‘Use of Proceeds’ repurchase…
StanChart executes $250 mln ESG-based repo deal with Saudi National Bank
Standard Chartered Bank said it has executed a $250 million repurchase agreement transaction (Repo) based on ESG principles with the…
League of Arab States to finalize pan Arab green hydrogen study by year end
The League of Arab States, an intergovernmental organization for Arab countries, is in the process of preparing a study and…
KPMG Survey: Saudi Arabian CEOs Look To Prioritize ESG
The majority of CEOs in Saudi Arabia are integrating environmental, social and governance (ESG) practices into their business strategies for…