Environment and Sustainable Investments

Environment and Sustainable Investments

Value of UAE, Saudi sustainable-linked bonds issuances hit $16.1bln in 9M 2023

November 16, 2023

The combined value of green, social, sustainable, and sustainable-linked bonds (GSSSB) issuances in the UAE and Saudi Arabia reached $16.1…

Read More

Environment and Sustainable Investments

Saudi welcomes first hybrid and EV maintenance network with Petromin EV auto care

November 16, 2023

Petromin, a leading name in the automotive industry, made history on November 13, 2023, with the grand launch of the…

Read More

Environment and Sustainable Investments

Nearly 75% of MENA banks have ESG strategies in place: EY

November 14, 2023

Nearly three-quarters of the MENA banks have developed ESG (Environmental, Social, and Governance) strategies, signalling a growing awareness of the…

Read More

Environment and Sustainable Investments

EY ESG MENA Bank Tracker: Nearly three-quarters of top MENA banks have introduced ESG strategies

November 13, 2023

Although 55% of the banks reviewed have developed a formal ESG committee, only 20% of top banks have introduced ESG…

Read More

Environment and Sustainable Investments

Oman takes a giant leap in reducing carbon emissions

November 7, 2023

In a significant stride towards fulfilling Oman’s commitment to reduce carbon emissions and its ambitious target of achieving net zero…

Read More

Environment and Sustainable Investments

Climate change discussion needs to be led by logic not emotion, Saudi official says

November 3, 2023

Climate change discussions have grown increasingly emotional and are often overshadowed by “hypocrisy,” according to a top Saudi official.   …

Read More

Environment and Sustainable Investments

Mashreq takes center stage in ESG commitments with Climb2Change initiative

November 3, 2023

Designed as a global initiative, combining Mashreq's ESG and sustainable financing expertise with the bank's extensive initiatives and impactful contributions…

Read More

Environment and Sustainable Investments

COP28 Presidency announces Net-Zero Transition Charter

November 2, 2023

The COP28 Presidency has launched a charter to mobilise and encourage the private sector to take bolder action on climate…

Read More

Environment and Sustainable Investments

Hub71 Welcomes 23 Startups as Part of 13th Cohort and Strengthens ClimateTech Focus

October 31, 2023

Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 23 new startups as part of its latest cohort, having collectively raised…

Read More

Environment and Sustainable Investments

ESG sukuk rises to $33.3bln; Fitch expects further growth

October 27, 2023

Environmental, social and corporate governance (ESG) sukuk rose significantly in the third quarter of the year and is expected to…

Read More

Environment and Sustainable Investments

Saudi: 80% surge in requests for environmental permits by private sector in Q3

October 27, 2023

The National Center for Environmental Compliance  revealed that requests by the private sector to issue environmental permits increased by more…

Read More

Environment and Sustainable Investments

Livelihoods of half a billion at risk in Middle East from climate change, report finds

October 18, 2023

A new report has warned the livelihoods of more than half a billion people in the Middle East and North…

Read More