Tag: #Sustainable Finance
ADIB achieves AA ESG rating upgrade from MSCI
The bank’s classification on the index advances to the “leadership” category, making it the only bank in the region to achieve this distinction for 2024
Ahli United Bank – Egypt partners with USAID’s Business Egypt Program
The landmark initiative stands as a testament to Ahli United’s commitment to sustainable finance and sustainability
Standard Chartered finances Abu Dhabi’s first waste-to-energy plant
The bank acted as the sole senior debt underwriter from the pre-bid stage and successfully syndicated the financing post-award, attracting both local and international banks
Emirates NBD Egypt issues its debut annual sustainability report
The report outlines the environmental, social, and corporate governance standards implemented by Emirates NBD Egypt
Oman’s Bank Nizwa, MSA Green sign sustainability-linked financing deal
The initiative underscores Bank Nizwa’s dedication to leading sustainable development and advancing environmental objectives
Oman’s Bank Nizwa signs $90 million sustainable finance deal with RDAC
The integrated workforce accommodation facility provides premium living standards to workers of all segments
ADIB, Aldar Properties close AED 1 billion sustainability-linked financing deal
The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with the UAE Net Zero by 2050 strategic initiative
Dubai Islamic Bank unveils sustainable home finance ‘Nest’
The sustainable home finance’s benefits include discounts on home finance rates, discounts on due diligence and documentation fees
Emirates Islamic leverages Islamic finance to drive climate action
Islamic finance has gained prominence in recent years as a unique and ethical financial system guided by Shari’ah principles
UAE’s FAB to provide $135 billion in green finance by 2030
The banking group has facilitated over $27 billion in financing renewable energy, wastewater and green buildings since 2021.