Tag: #Sustainable Finance
UAE banks pledge AED 1 trillion in green finance at COP28
The country’s banking federation is working closely with its partners on sustainability efforts to accelerate and advance sustainable development goals.
UAE’s Mashreq commits AED 110 billion to sustainable finance by 2030
The bank’s commitment to facilitating AED 110 billion in sustainable finance by 2030 builds on years of sustainable finance deployment
Emirates NBD-Egypt signs EUR 30 million loan deal with Hayat Egypt
The investment not only enhances Hayat Egypt’s financing base but also creates a local partnership in a challenging financial market.
Central Bank of Bahrain issues new ESG reporting framework
The framework provides listed companies with guidelines on the reporting requirements for ESG factors.
Egypt’s CIB secures $250 million from International Finance Corporation
The bank secured a 10-year $150 million Tier II facility to support its capital position as well as the expansion of its operations
UAE’s Mashreq inks sponsorship deal with Egypt’s COP presidency ahead of COP27
UAE’s Mashreq said Tuesday that it signed an MoU with Egypt’s COP Presidency to formalize its participation at this year’s United Nations Climate Change...
Citi launches sustainability-linked supply chain financing in Algeria
Citi has launched its first Middle East and North Africa (MENA) Sustainability-linked Supply Chain Finance (SSCF) program in Algeria with the aim of supporting...
Mastercard Priceless Planet Coalition welcomes HSBC UAE Air Miles initiative to empower consumers to...
In the past year, consumer passion and individual attitudes towards the environment have seen a sharp rise. In the Middle East, 9 in 10...
Standard Chartered launches the UAE’s first Sustainable Account
Standard Chartered announced today the launch of the UAE’s first Sustainable Account (SA). This new product, offered to large corporates, provides clients with the...
Saudi Arabia signs Memorandum of Understanding with HSBC in sustainable investment drive
The Ministry of Investment of the Kingdom of Saudi Arabia has signed a Memorandum of Understanding (“MoU”) with the HSBC Group to identify and...