In a strategic effort to strengthen Rwanda’s water security, Abu Dhabi Fund for Development (ADFD) has signed a loan agreement worth AED 92 million with the Government of Rwanda to…
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The United Arab Emirates (UAE) is set to introduce a new tax at the start of 2025, and is considering options for incentives to support innovative businesses advancing the economy.…
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GovernanceIntelligenceLatest NewsPolicy & Finance
Bloomberg Intelligence Report Reveals Growing Sustainable Finance Market in the MENA Region
A new report by Bloomberg Intelligence reveals the UAE banks’ growing position as a potential leader in sustainable finance, partially driven by an AED 1 trillion ($270 billion) commitment by…
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EnvironmentLatest NewsPolicy & Finance
$12 billion+ Pledged for Land Restoration amid COP16 Land Financing Talks
In a significant move to boost funding for land restoration, over $12 billion has now been pledged to interrelated causes since COP16 in Riyadh began. The Arab Coordination Group became…
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EnvironmentLatest NewsPolicy & Finance
COP16 Presidency Calls on Private Sector to ‘Ramp Up’ Funding in Land Restoration Finance ‘Blackhole’
In an effort to accelerate land restoration financing, Saudi Arabia’s UNCCD COP16 Presidency called for the private sector to ‘ramp up’ funding, after a UNCCD report highlighted only 6 per…
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In a bid to accelerate energy transformation, ADNOC announced the launch of XRG, an international lower-carbon energy and chemicals investment company with a value of over $80 billion. XRG aims…
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In an effort to promote integrity, The Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in, and from the Dubai International Finance Centre (DIFC), has taken…
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The Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in and from the Dubai International Financial Centre (DIFC) hosted its Annual Outreach session, drawing more than…
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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…
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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…
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