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 …
-
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 …
-
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 …
-
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 …
-
Kearney’s 2024 Foreign Direct Investment Confidence Index (FDICI), now in its 26th edition, has placed the United Arab Emirates at eighth position, up from 18th place in 2023. The country …
-
DevelopingEnvironmentPolicy & Finance
Saudi Arabia issues Green Financing Framework, details measures to support sustainable development
The Ministry of Finance in Saudi Arabia recently announced the issuance of a Green Financing Framework as part of the Kingdom’s endeavour to achieve its sustainable development goals and climate …
-
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 …
-
The United Arab Emirates has announced a new US$1.2 million partnership with the United Nations Climate Security Mechanism (CSM). It was shared that the partnership entails a two-year annual contribution …
-
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. …
-
The latest PwC Middle East Economy Watch, which assesses the current economic landscape across the Middle East, has found that the regional economy remains resilient despite challenges from oil cuts …