Finance

Investcorp, a global alternative investment firm, has announced the appointment of Mashaal AlJomaih as CEO of Investcorp Saudi Arabia. Mr. AlJomaih previously held the role of Managing Director within Investcorp …

In an effort to accelerate green energy transition in the Global South, ALTÉRRA, the world’s largest private investment vehicle for climate finance, announced a $30 billion commitment from the UAE, …

A new report by global management consulting firm Bain & Company in partnership with the World Economic Forum (WEF) titled ‘Prioritising Sustainability in MENA: Mapping Critical Environmental Issues for Regional …

In a bid to expand Turkey’s green energy system, the Climate Investment Funds (CIF) has approved USD 70 million in funding for renewable energy development. The aim is to prepare …

The Partnership for Carbon Accounting Financials (PCAF) announced its expansion into the Middle East and North Africa (MENA) region today. An industry-led initiative, the PCAF works to develop and implement …

A new Oxfam report published this month outlines significant issues with the World Bank’s contribution to climate financing. The report ‘Climate Financing Unchecked: How much does the World Bank know …

Multinational bank Standard Chartered has launched sustainable finance variants of Borrowing Base Trade Loans (BBTL). BBTLs are structured to meet businesses’ specific financing requirements and allow them to obtain financing …

It is easy to think of humans as existing separately from nature. But the greatest threats to humanity come from crises affecting nature, not least climate change, biodiversity loss, and …

Spanish infrastructure company ACCIONA has secured sustainable financing worth €300 million. According to the multinational, this financing will fund projects aimed at reducing carbon emissions and fostering sustainable growth in …