Last week, the board of the International Monetary Fund approved current Managing Director Kristalina Georgieva for another five-year term. It is a welcome development that comes at a critical moment. Her second term will …
Finance
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DevelopingEnvironmentFinance
Spring Meetings 2024: Climate finance, debt and reform take the spotlight
The 2024 Spring Meetings are taking place in Washington DC this week, co-hosted by the World Bank Group and the International Monetary Fund. There, the world’s finance ministers and central…
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EnvironmentFinanceLatest News
GCFC and Altérra announce collaboration to accelerate global climate investments
The Global Climate Finance Centre (GCFC), a COP28 legacy initiative headquartered in Abu Dhabi Global Market (ADGM), and ALTÉRRA, the US$30 billion catalytic climate investment fund launched at COP28, are…
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ADGM-headquartered Global Climate Finance Centre (GCFC), a COP28 legacy initiative focused on catalysing climate investments and solutions, has announced that it has assumed the role of the host and secretariat…
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In recent years, the Gulf’s investment landscape has witnessed a transformative shift as investors increasingly recognise the value of incorporating Diversity, Equity, and Inclusion (DEI) principles into their investment and…
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Not-for-profit organisation, the MENA Fintech Association, has announced its partnership with Neem, an embedded finance platform. The MENA Fintech Association was founded back in 2018 and serves both fintech startups…
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EnergyFinanceLatest News
ACWA Power receives first RMB loan from Bank of China to finance Uzbekistan solar project
Saudi-listed ACWA Power has announced that it has received an equity bridge loan from the Bank of China worth $80 million to finance its renewable energy projects in Uzbekistan, comprising…
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EnvironmentFinanceLatest News
Sustainable Finance Awards: NBK named best bank in Middle East for ESG-related loans
In its fourth annual Sustainable Finance Awards, Global Finance has named the National Bank of Kuwait (NBK) as the Best Bank in the Middle East for ESG-Related Loans in 2024…
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Digital infrastructure fintech Fils has announced a strategic partnership with banking solutions provider Aion, which is aimed at setting new standards in sustainable finance. The partnership will leverage Aion’s technical…
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LSEG (London Stock Exchange Group) and the Arab Federation of Capital Markets (AFCM) have announced a collaboration aimed at providing investors with access to tools and information to enhance the…