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 …
Finance
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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 …
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 …
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 …
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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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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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 …
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 …
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 …
In the midst of global efforts to combat climate change, transition finance has emerged as a critical tool for driving sustainable development and accelerating the transition to a low-carbon economy. …