finance

Finastra has announced the integration of AI-powered ESG scoring capabilities into its working capital solution, Trade Innovation.  The integration with CoriolisESG by TradeSun enables users to book and manage trade …

QCP, a global institutional digital assets company, has received In-Principle Approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to conduct regulated activities.  It was shared that …

Aldar Investment Properties (AIP), a real estate management company in Abu Dhabi and a subsidiary of Aldar Properties PJSC (Aldar), has issued a USD 500 million green sukuk as part …

Fitch Ratings’ Global ESG Sukuk Outlook Dashboard report for 1Q24 has forecast that ESG sukuk will cross USD50 billion globally within the next two years. This, it said, will be driven by issuers seeking …

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has issued an Emiri Decree appointing Mohamed Saeed Al Qubaisi as Director-General of the Integrity and Anti-Corruption Sector …

The National Bank of Kuwait (NBK) has joined the global industry-led partnership, Partnership for Carbon Accounting Financials (PCAF), to measure and disclose the greenhouse gas (GHG) emissions associated with its lending and …

UAE-based enterprise-grade digital infrastructure provider Fils has formed a strategic partnership with TPS, a digital banking and payments solution provider in Pakistan, aimed at embedding sustainability in digital financial services. This …

The United Arab Emirates (UAE) has initiated a new fiscal policy with the introduction of a federal corporate tax, it has been announced. Outlined in Federal Decree-Law No. (47) of 2022, the …

During its 2024 Annual Meetings and Golden Jubilee Celebration, the Islamic Development Bank (IsDB), the Arab Coordination Group (ACG) and the Saudi Fund for Development (SFD) joined the Global Partnership …