#Green Finance

Dubai sets up environment, climate change authority

Sheikh Mohammed establishes Dubai’s climate change authority

The new initiative, which is aligned with D33, seeks to raise the contribution of the circular and green economy to Dubai’s GDP

China Construction Bank’s $600m green bond listed in Dubai

China Construction Bank lists $600m green bond on Nasdaq Dubai

The total value of bonds listed on Nasdaq Dubai by the lender, comprising the issuances by Hong Kong and Dubai branches, now stands at $2.45bn

UAE green bonds, sukuk issuance hit Dhs15bn

UAE green bonds, sukuk issuance hit Dhs15bn, says SCA

The country has been encouraging issuers to raise green and sustainability-linked bonds, and sukuk to accelerate its transition to a low-carbon economy

UAE’s FAB to provide $135bn in green finance by 2030

UAE’s FAB to provide $135bn in green finance by 2030

The banking group is expanding its target to include transition financing projects and early-stage innovative climate solutions such as green hydrogen

Egypt credit sector

Egypt: Driving financial independence

As the first licensee of consumer finance in Egypt, Contact has played a pivotal role in growing the non-bank credit sector

Emirates NBD launches-sustainTech program Dubai Media Office

Emirates NBD launches SustainTech Accelerator Program ahead of COP28

The accelerator programme is accepting applications from September 6 to October 10 this year

Hanadi Khalife head of ICAEW on how the public and provate sector shoud finance the green transition Image ICAEW

Insights: Why public-private financing will drive the green transition

Governments around the world are increasingly treating private sector companies as key partners in tackling societal challenges, including climate change

UAEs UBF on how the banking sector-is-supporting-green-finance-initiatives-GettyImages-83975094

These UAE banks invested over Dhs190bn in green financing, reveals UBF

The UAE banks invested in various projects in renewable energy, waste-to-energy, and green technology in 2022

COP28 preparatory talks

COP28: Dr Sultan Al Jaber meets Ursula von der Leyen for climate talks in Brussels

The two reaffirmed their commitment to facilitate the “highest possible ambition” for the COP28 climate conference scheduled to be held in Dubai

PwC Middle East

Middle East companies call for new green deal ahead of COP28, says PwC

The auditing firm said businesses in the region are increasingly transparent about their environmental impact, with 70 per cent reporting on their ESG impact

UAE sustainable finance

UAE’s green, sustainable finance enjoy two years of rapid growth

The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.

Abu dhabi Exports Office, Angola sign green finance agreements Photo WAM

Abu Dhabi Exports Office, Angola ink green finance deals worth Dhs445m

The financing is provided in cooperation with Standard Chartered Bank

Mark Napier VP Director DWTC

Insights: How food producers can leverage sustainability-linked financing

The global food production industry is increasingly turning to green financing as a way of mitigating its impact on the planet

Tabreed

UAE’s Tabreed launches green financing framework to fund projects

The framework is accompanied by a second party opinion from ESG ratings agency Sustainalytics

HSBC Bank, Mastercard partner to promote sustainable communities

Mastercard and HSBC will aim to develop an approach to green financing around sustainable infrastructure projects in net zero cities