First Abu Dhabi Bank (FAB), the UAE’s largest lender, has priced its second Swiss Francs (CHF) denominated green bond of 2021, reinforcing its commitment to sustainable finance. The CHF200 million …
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Sustainable finance key to net-zero goal
The UAE Sustainable Finance Working Group, comprised of numerous federal and local UAE regulators and exchanges chaired by Abu Dhabi Global Market (ADGM), has issued a high-level statement on …
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High-Level Statement on Sustainable Finance lauded
Earlier today, the UAE Sustainable Finance Working Group, comprised of numerous federal and local UAE regulators and exchanges chaired by Abu Dhabi Global Market (ADGM), issued a High-Level Statement …
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Ukrgasbank signs agreements with UAE’s bank for $35M
Ukraine’s Ukrgasbank and UAE’s Mashreq Bank have concluded the first agreements on structured trade financing, according to the Ukrgasbank’s press service. — Ukrinform.
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UAE regulators, exchanges pledge sustainable finance to advance net-zero goal
The UAE Sustainable Finance Working Group, comprised of local regulators and exchanges chaired by the Abu Dhabi Global Market, issued a high-level statement on sustainable finance, detailing their …
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Emirates NBD and US investment bank Moelis to advise DEWA on upcoming IPO?
Dubai: US investment bank Moelis and Emirates NBD have been hired to advise on the initial public offering (IPO) of Dubai Electricity & Water Authority (DEWA), sources have said. The Dubai Government …
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FAB, GMIS partner to boost SME’s access to finance and sustainable industrial growth
The Global Manufacturing and Industrialisation Summit (GMIS) today announced a partnership with First Abu Dhabi …
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Hong Kong, China, Thailand and UAE explore new uses of ‘mBridge’ digital currency project, including securities settlement
The mBridge digital currency project is looking to expand its use to capital market transactions, which could cut the settlement time to a few seconds.
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UPDATE 2-U.S. bank Moelis, Emirates NBD hired to advise on IPO of Dubai’s DEWA – sources
U.S. investment bank Moelis and Dubai lender Emirates NBD have been hired to advise on the initial public offering (IPO) of Dubai Electricity & Water Authority (DEWA), sources familiar with the matter …
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UAE, IRENA launch $1bn global platform to accelerate renewable energy at COP26
Platform, a new global climate finance facility to accelerate the transition to renewable energy in developing countries, has been launched . UAE, IRENA launch $1bn global platform to accelerate …
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How UAE’s decriminalisation of most bounced cheques will increase business confidence
In August, 11 percent of total funds cleared by banks were through cheques, signalling a strong reliance on this form of financial exchange …
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UAE, IRENA launch $1bn platform to finance renewable energy transition
The UAE has committed $400m in funding, provided by the Abu Dhabi Fund for Development, for the Energy Transition Accelerator Financing Platform.
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$1 billion global finance platform to accelerate clean energy
The United Arab Emirates (UAE) and the International Renewable Energy Agency (IRENA) has announced the Energy Transition Accelerator Financing (ETAF) …
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UAE and IRENA launch USD 1bln global finance platform to accelerate renewable energy
Platform secures USD 400 million anchor funding from Abu Dhabi Fund for Development as first strategic partner …
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UAE, IRENA Unveil $1 billion Global Finance Platform for Renewable Energy
The United Arab Emirates and the International Renewable Energy Agency (IRENA) have announced the Energy Transition Accelerator Financing (ETAF) Platform, a new global climate finance facility to …
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COP26: UAE wants to unlock economic benefits of climate action
Practical, commercial, scalable solutions to be focus if UAE hosts COP28 Glasgow: The UAE has called for an inclusive approach to unlock the economic opportunity in climate action and said it would …
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Dubai Reshuffles Stock Exchange Board as It Gears for IPO Rush
Dubai replaced five of seven members on its stock exchange’s board as the Middle East business hub works on plans to boost the emirate’s flagging bourse.
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