Saudi Arabia strengthens carbon markets with new deal for climate action
A memorandum of understanding between two key entities is set to boost Saudi Arabia’s carbon markets and support the Kingdom’s…
ESG
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The path to sustainable business through ESG compliance
The UAE is witnessing a rapid transformation of its economy – and at the same time, an emphasis on the…
QIB joins forces with DHL Express Qatar by signing up for the GoGreen Plus Program
Qatar Islamic Bank has announced its participation in DHL Express’s GoGreen Plus program, a key initiative aimed at reducing the…
Eversheds Sutherland advises on three major solar PV IPP projects with a capacity of 5.5GW in Saudi Arabia
AlDhabaan & Partners in association with Eversheds Sutherland and Eversheds Sutherland advised Saudi Power Procurement Company on the commercial close…
Landmark Retail signs ESG-linked facility with Emirates NBD
Emirates NBD, a banking group in the Middle East, North Africa and Turkiye region, has announced the signing of an…
Emirates NBD adds impetus to SLL bond push: IFR
The growth of sustainability-linked loan financing bonds has taken a step forward with a Middle East bank becoming one of…
Record growth drives cost advantage of renewable power
With continuous costs decline, the socio-economic and environmental benefits of renewables are now uniquely compelling Renewables remain competitive despite fossil…
Commercial Bank issues Qatar's largest ever Green CHF-denominated bond following strong demand
Commercial Bank has successfully issued its inaugural Green Bond denominated in CHF (Swiss Franc). This is Commercial Bank’s debut…
Climate Risk and ESG Integration in Arab Banks
The costs of climate-related risks have reached alarming levels in recent years, impacting economies on both macro and micro levels…
IFC and Jordan Ahli Bank launch first locally issued sustainability bond in Jordan
This will help Jordan Ahli Bank increase its green loans by fivefold, double its loans to women-led firms, and create…
Emirates NBD announces partnership with BeZero Carbon to boost customer confidence in carbon markets
Emirates NBD first bank in the UAE to use an independent ratings agency for voluntary carbon market trading Bank remains…
Masdar partners with Endesa in €1.7bln renewable energy transaction in Spain
Masdar will invest €817m to acquire a 49.99% stake in 2GW of solar energy plants, with a potential BESS hybridization…