finance

Islamic financial institution Abu Dhabi Islamic Bank has announced a partnership with environmental charity and non-profit organisation Emirates Nature–WWF to launch an environmental donation platform. The platform will reportedly enable …

This week, Morocco’s Caisse de Dépôt et de Gestion (CDG) and the Casablanca Finance City Authority (CFCA) signed a Memorandum of Understanding (MoU) to establish a regional voluntary carbon market. …

The Commercial Bank has issued its inaugural Green Bond denominated in CHF (Swiss Franc). The bond is the largest ever CHF green bond issued in Qatar, the largest CHF bond …

MENAT banking group Emirates NBD has inked an ESG-linked working capital facility with Landmark Retail, marking the first time a private sector company has signed a bilateral sustainability-linked loan in …

The just-concluded United Nations Summit of the Future in New York, and next year’s Second World Summit for Social Development, aim to “chart a path toward achieving the Sustainable Development Goals (SDGs) and …

UAE energy company Masdar has reached an agreement to acquire Spanish green energy company Saeta from Brookfield Renewable this week, in one of Spain’s largest renewable energy transactions. The deal, …

Coral, a UAE-based climate tech startup, announced this week that it has secured $3 million in its seed funding round. The startup, specialising in carbon emission management and offsetting solutions, …

Climate finance from multilateral development banks increased to $125 billion last year, according to a new report. The 2023 Multilateral Development Bank report prepared by the European Investment Bank (EIB) …

GCC private equity firm Gulf Capital has formally joined the Abu Dhabi Sustainable Finance Declaration (ADSFD), the firm announced this week. The Finance Declaration is a voluntary membership-based initiative led …