finance

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…

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…

Total sustainable bond issuance reached $16.7 billion in the first nine months of 2024 in the Middle East, according to S&P Global Ratings. This is down 18 per cent from…

The multilateral Climate Investment Funds announced that it will deploy up to $1bn in funding to decarbonise heavy-emitting industries this month, launching a call to developing countries to participate. The…

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…