Oman-based Islamic Bank, Bank Nizwa, has signed a strategic partnership with MSA Green Projects LLC (MSA Green), extending sustainability-linked financing to support its mangrove plantation endeavour in collaboration with the Oman Environment Authority, it …
financing
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The Regional Ocean Summit, part of Economist Impact’s World Ocean Summit series, is set to take place in the Hashemite Kingdom of Jordan at the Dead Sea, gathering over 200 …
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NEOM has announced that it has secured a new revolving credit facility (RCF) worth SAR 10 billion, which will be used to support its short-term financing requirements. The RCF, which adheres to a …
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The International Capital Market Association (ICMA), the Islamic Development Bank (IsDB) and LSEG (London Stock Exchange Group) have published new guidance on the issuance of green, social and sustainability sukuk (together, sustainable …
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Innovation & EducationLatest News
GPE and partners pledge additional $350 million to SmartEd initiative
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 …
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FoodLatest NewsPolicy & Finance
Olam Group announces US$625 million Sharia-compliant financing facility
Olam Group’s food, feed and fibre operating group, Olam Agri, recently secured a commodity Murabaha facility from a diversified group of global investors, including from the UAE, totalling US$625 million. …