The landmark initiative unlocks vital capital from several UAE institutions, notably from Abu Dhabi Fund for Development (ADFD), Etihad Credit Insurance (ECI), Masdar, and AMEA Power …
Emirates Development Bank to allocate $27mln SME loans to boost solar energy initiatives
The UAE’s Emirates Development Bank (EDB) plans to allocate 100 million dirhams ($27 million) to solar energy initiatives, helping boost the adoption of green energy solutions. The state-owned …
National Bank of Fujairah Encourages Saving with New Max Saver Offer
Dubai – The National Bank of Fujairah (NBF) announced today a promotional offer on its Max Saver range of accounts, designed to encourage customers to build up and grow their savings.
COP28 President Al Jaber Pledges to Push for Action on Climate Finance [press release]
Designate, HE Dr. Sultan Al Jaber, announced today a UAE finance initiative that will provide US$4.5 billion to help unlock Africa’s clean energy potential. The announcement was made during a keynote address at the inaugural African Climate Summit in Nairobi,
Cop28 President Reveals $4.5Bn Uae Finance Initiative To Unlock Africa’s Clean Energy Potential
“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 …