Deloitte report: Improved financing could save $50trln as the world decarbonizes
Ahead of the 2023 United Nations Climate Change Conference (COP28), taking place in Dubai (30 November – 12 December 2023),…
ESG
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Basatne International unveils UAE’s first AI-based robotics technology
Basatne International has opened the doors to a new state-of-the-art facility in Dubai Silicon Oasis. Equipped with the latest diagnostic…
COP 28: KPMG report reveals global challenges delaying the deployment of renewables
As many as 80% of survey respondents agreed that significantly accelerating renewable deployment is the most pressing issue requiring attention…
Dubai Financial Market to launch pilot carbon credits programme at COP28
Dubai Financial Market is set to introduce a pilot programme for trading carbon credits at COP28. The integrated platform…
Middle East could play a key role in decarbonising global economy – Wood Mackenzie
Ambitious climate and renewable energy targets worldwide present an opportunity to companies in the Middle East as decarbonising its energy…
Mashreq partners with Visa and ecolytiq
Mashreq, a leading financial institution in the MENA region, in partnership with Visa and ecolytiq, is announcing the roll out…
3.5MW solar plant financed by Abu Dhabi Fund for Development inaugurated in Somalia
Abu Dhabi Fund for Development financed a solar energy project in Somalia which was inaugurated recently. With a production capacity…
Nearly 75% of MENA banks have ESG strategies in place: EY
Nearly three-quarters of the MENA banks have developed ESG (Environmental, Social, and Governance) strategies, signalling a growing awareness of the…
Oman takes a giant leap in reducing carbon emissions
In a significant stride towards fulfilling Oman’s commitment to reduce carbon emissions and its ambitious target of achieving net zero…
Climate change discussion needs to be led by logic not emotion, Saudi official says
Climate change discussions have grown increasingly emotional and are often overshadowed by “hypocrisy,” according to a top Saudi official. …
Mashreq takes center stage in ESG commitments with Climb2Change initiative
Designed as a global initiative, combining Mashreq's ESG and sustainable financing expertise with the bank's extensive initiatives and impactful contributions…
COP28 Presidency announces Net-Zero Transition Charter
The COP28 Presidency has launched a charter to mobilise and encourage the private sector to take bolder action on climate…