Saudi welcomes first hybrid and EV maintenance network with Petromin EV auto care
Petromin, a leading name in the automotive industry, made history on November 13, 2023, with the grand launch of the…
Environment and Sustainable Investments
712 articles found
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…
EY ESG MENA Bank Tracker: Nearly three-quarters of top MENA banks have introduced ESG strategies
Although 55% of the banks reviewed have developed a formal ESG committee, only 20% of top banks have introduced ESG…
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…
Hub71 Welcomes 23 Startups as Part of 13th Cohort and Strengthens ClimateTech Focus
Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 23 new startups as part of its latest cohort, having collectively raised…
ESG sukuk rises to $33.3bln; Fitch expects further growth
Environmental, social and corporate governance (ESG) sukuk rose significantly in the third quarter of the year and is expected to…
Saudi: 80% surge in requests for environmental permits by private sector in Q3
The National Center for Environmental Compliance revealed that requests by the private sector to issue environmental permits increased by more…
Livelihoods of half a billion at risk in Middle East from climate change, report finds
A new report has warned the livelihoods of more than half a billion people in the Middle East and North…
UAE attracted $36bln FDI for renewable energy projects in 2022
The UAE has successfully attracted nearly AED132.5 billion ($36 billion) in FDI for the renewable energy projects coming up within…