“This initiative builds on the UAE’s track record of commercially driven, innovative blended finance solutions that can be deployed to promote the adoption of clean energy in emerging and developing nations,” Al Jaber said.“This multi-stakeholder …
UAE pledges $4.5bn to finance Africa climate projects
Africa may need an almost tenfold increase in climate adaptation funding, to $100bn a year, to help it bolster its infrastructure and shield its agriculture from climate change, the Global Center on …
ADCB prices $650 million green bond to support UAE’s net-zero transition
Abu Dhabi Commercial Bank PJSC (ADCB) has announced that it has successfully priced a $650 million green bond, the proceeds of which will be used to finance eligible green assets as outlined in ADCB’s …
Dubai real estate buyer’s guide: How to invest in your first UAE property
“Investing in the UAE property market requires a mix of research, expert advice and most importantly feeling confident in the market. For first-time buyers, it’s always advisable to seek guidance from …
ADCB prices USD 650 million green bond to support UAE’s transition to a net zero economy
Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) has announced that it has successfully priced a USD 650 million green bond, the proceeds of which will be used to finance eligible green assets as outlined in ADCB’s Green Bond Framework.
Emirates NBD launches Sustainable Finance Framework
HSBC and ING acted as Sustainability structuring banks in developing the Framework which is in line with the Group’s ambition to promote further lending and investments
Bank of Sharjah Acts as Mandated Lead Arranger in a USD 500M Financing for The Govt. of Sharjah
Bank of Sharjah one of the leading commercial banks in the UAE, continues to be committed to developing and expanding its financing efforts locally. Acc …
UAE’s Landmark Group to add hundreds of stores but no IPO plans on horizon
The UAE’s Landmark Group continues to witness strong demand for physical retail and expects to open hundreds of stores in the years ahead, but it will depend on internal funding for expansion with no …
COP28 Presidency announces $4.5 billion UAE finance initiative to unlock Africa’s clean energy potential
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, today announced a UAE finance initiative that will provide US$4.5 billion to help unlock …
UAE announces $4.5 billion finance initiative for African clean energy
The United Arab Emirates will give $4.5 billion to Africa’s clean energy initiatives, COP28 President-Designate Sultan Al Jaber said on Tuesday. (Reporting by Duncan Miriri; writing by George Obulutsa …
UAE announces $4.5bn initiative to support deployment of clean energy in Africa
Designate, Dr Sultan Al Jaber, at the African Climate Summit, the UAE finance initiative will help unlock Africa’s clean energy potential …
UAE announces $4.5bn initiative to unlock Africa’s clean energy potential
In sub-Saharan Africa alone, 600 million people live without access to electricity.Delivering greater access to clean energy will drive social and economic development. COP28 President-designate …
Dubai ruler investment vehicle weighs sale of 25% stake in fashion retailer Azadea
Dubai Holding, the investment vehicle of Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum, is weighing the sale of its minority stake in Azadea Group, which operates Inditex franchises in the …
Uptown Tower welcomes office tenants as DMCC expands capacity to accommodate FDI demand
Dubai, UAE: DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed the first wave of commercial office tenants into its …
UAE Ministry of Finance launches ‘The Future of Finance’ campaign
The campaign highlights top young talents and some of the most skilled individuals working in the financial sector today …
UAE invests $5bn in Africa’s clean energy potential, carbon credits
Saharan Africa alone, 600 million people live without access to electricity.Delivering greater access to clean energy will drive social and economic development. COP28 President-designate Sultan …
It’s now easier to open a digital bank account in the UAE if you’re a non-resident Indian
And now, in an effort to improve financial inclusion, non-resident Indians (NRIs) can open a digital bank account in the country. The move has been enabled by a collaboration between Mashreq NEO and …