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Tag: ipo

Posted on 08/09/2023

UAE-based Fintech MyZoi Raises $14 Million to Bolster Financial Inclusion

Zoi, an innovative fintech focused on financial inclusion and financial literacy for the underbanked, has raised USD 14 million from SC Ventures and SBI Holdings, as it obtains two regulatory licenses …

Posted on 07/09/2023

Dubai International Financial Centre enacts amended data protection regulations

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has enacted amendments to the Data Protection Regulations.

Posted on 07/09/2023

COP28 needs to show action not words for business, finance leaders

Less talk and more action on decarbonising the energy system should be the main focus of world leaders at the next round of climate talks, speakers at the Reuters IMPACT conference said.

Posted on 07/09/2023

Dubai: DIFC amends data protection regulations

The amendments to the Data Protection Regulations address the means for better, safer and more ethical management of personal data processing and operations, DIFC said …

Posted on 07/09/2023

EDB launches $27m solar energy financing programme for SMEs in UAE

Emirates Development Bank, the state-owned lender focused on financing the UAE’s priority sectors, has launched a Dh100 million ($27.2 million) solar energy finance programme as part of the country’s …

Posted on 07/09/2023

UAE’s Masdar teams up with Africa50 to scale clean energy projects in the continent

Abu Dhabi clean energy company Masdar has partnered with Africa50, an investment platform, to identify and scale clean energy projects across the continent. Masdar has signed an initial agreement with …

Posted on 07/09/2023

COP28 presidency announces $4.5bn UAE finance initiative to unlock Africa’s clean energy potential

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 …

Posted on 07/09/2023

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 …

Posted on 07/09/2023

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.

Posted on 07/09/2023

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,

Posted on 07/09/2023

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 …

Posted on 06/09/2023

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 …

Posted on 06/09/2023

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 …

Posted on 06/09/2023

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 …

Posted on 06/09/2023

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.

Posted on 06/09/2023

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

Posted on 06/09/2023

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 …

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