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Category: ESG Middle East
Rebound Plastic Exchange, a quality assured global trading platform for recycled plastics, will ensure transparency whilst facilitating cross border trade to unlock circularity worldwide Rebound Plastic Exchange, a global B2B...
Jindal Shadeed Group will invest more than $3 billion to set up a green steel plant in Oman that will produce high-strength automotive products for customers in the Middle East, Europe...
Emirati retail conglomerate Majid Al Futtaim said on Monday it had raised a $1.25 billion revolving credit facility linked to the company’s ESG goals. First Abu Dhabi Bank led the...
The construction of one of the world’s largest wind farms in Egypt is set to start in 2024 and could provide electricity to Europe and Saudi Arabia, according to one...
Kuwaiti Foreign Minister Sheikh Salem Abdullah Al-Jaber AI-Sabah affirmed Monday Kuwait’s commitment to reaching carbon neutrality by 2050 in the oil and gas sector and in other sectors by 2060....
QNB Alahli participates in COP 27 hosted by Egypt in Sharm El Sheikh QNB Group, the largest financial institution in the Middle East and Africa, announced its participation in the 27th session of the United Nations Conference on Climate...
The fund’s initial focus areas will include carbon capture and storage, greenhouse gas emissions, and hydrogen, ammonia and synthetic fuels Saudi Arabia aims to reach net zero emissions by 2060...
First Abu Dhabi Bank has given initial price guidance of 145-150 basis points over U.S. Treasuries for five-year dollar-denominated green bonds expected to price on Thursday, a bank document showed. See...
The Public Investment Fund (PIF) is offering the world’s first 100-year dollar-denominated bonds Nearly $18 billion in demand for the bonds Saudi Arabia plans to increase renewable energy production to...
The United Arab Emirates (UAE) announced during New York Climate Week the establishment of the UAE Independent Climate Change Accelerators (UICCA). The UICCA is a non-partisan, climate action entity that...
Deal is expected to raise billions of dollars Proceeds earmarked for projects including renewable energy, clean transport and green buildings Crown prince has committed to investing $40 billion in local...
Saudi Arabian company Alfanar said on Monday it has signed a memorandum of understanding to build a $3.5 billion green hydrogen project in Egypt. The facility will produce 500,000 tonnes...
DIF will be monitoring global and local ESG markets to find out promising investment opportunities and stay on top of this new trend. Dubai Investment Fund (DIF), one of world’s...
Rivulis Pte. Ltd. (“Rivulis”) announced today that it has signed definitive agreements with 5 banks for the financing of its current and future debt for an amount of up to US$250,000,000....
World Bank and S&P Global Market Intelligence container port performance index shows ports in the Middle East and East Asia responded best to the heavy volume growth and service volatility caused by impacts of...
Finding finance for exciting environmental, social, and governance projects that have huge potential to achieve sustainability is now turning out to be a challenging task, according to Goldman Sachs Managing...
The ‘E’ element in ESG, which stands for ‘environment’ is not just a choice now, but a necessity, according to Vincent Keaveny, Lord mayor, City of London. While speaking at...
Agreement to assess implementation of lower-emissions technologies in Indonesia Builds on memorandum of understanding signed at COP 26 Collaboration will support Indonesia’s 2060 net-zero ambition ExxonMobil and Pertamina, the state-owned...
Download Arabic Version Ali Al Baqali, the Chief Executive Officer of Aluminium Bahrain B.S.C. (Alba) rolled out the Company’s approved Environment, Social and Governance (ESG) Roadmap by the Board of...
Chevron Corporation, through its subsidiary Chevron New Ventures Pte. Ltd., and Indonesia’s PT Pertamina announced a partnership to explore potential lower carbon business opportunities in Indonesia. Aimed at serving local...
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