Merely reporting on ESG is not enough. GCC banks must move to embed ESG as part of their business strategy and create the necessary structural changes in their operating models to pursue these new strategies
ESG investing
carbon emissions
Saudi minister: ‘We’re going to have to deal with carbon for decades’
To meet global carbon reduction pledges, private investment and regulation, like the introduction of carbon pricing, is needed
ESG investing
Why ESG and Shariah-compliant investments will deliver above-average returns
SEDCO Capital recently launched an ESG-focused and Shariah-compliant fund in response to growing demand for ethical and sustainable investment products
carbon emissions
Why ESG investment is a priority for Saudi businesses
Given the country’s national objectives to create a greener future and promote sustainability across all sectors, ESG management provides an opportunity to ensure investment in Saudi Arabia supports and drives transformational plans
ESG investing
Etihad Airways raises $1.2bn in landmark sustainability loan
Sustainability-linked loan represents the largest sustainable financing in the Abu Dhabi-based carrier’s history
emerging technologies
How coronavirus changed the investment scene
As the pandemic altered the investment landscape and diversification has become a priority among investors, environmental, social, and governance (ESG) and the increasing demand for technology are fuelling investments in the region
ESG investing
Dubai retail giant Majid Al Futtaim signs $1.5bn sustainability-linked loan
Company’s agreement also includes a gender diversity target for women to constitute 30 percent of board members and senior management roles
debt issuance
Greener pastures for green finance in the MENA region
Out of the 12 MENA green and sustainability-linked debts issuances, four deals from Saudi Arabia account for almost 63% of the region’s total volume, with the UAE holding the remaining 37%
Bahrain Bourse
The ESG journey for sustainable and resilient markets
Companies in Bahrain are expected to create shared value and inclusive growth, to assess their impacts on capitals and resources, and to contribute national, regional and global visions and plans, such as accelerating the fulfilment of the United Nations Sustainable Development Goals
ESG investing
Environmentally conscious investors need to look at the company’s transition plan
A number of new metrics have emerged to measure transitional progress being made, including those by the Financial Stability Board’s Task Force on Climate-related Financial Disclosures that were initially released in 2017 and are updated regularly
alternative investment
Definite trends emerging in the Middle East investment landscape
One of the major trends that we have witnessed in the investment funds market is an intensified focus on sustainable investing – and this is fast becoming an integral part of the wider asset allocation for investors
asset managers
Nowhere to hide for money managers with numbers to hide
The trust deficit that has emerged during the pandemic is rapidly reshaping our everyday lives as well as the investment landscape
Emirates NBD
Why Dubai-based Emirates NBD updated its market outlook from bullish to constructive
The bank shares its regional and global outlook for the next six months, including equity and fixed income assets investment recommendations
ESG investing
Saudi’s PIF and London mayor pledge ESG finance action
The two nations are committed to sustainable partnership ahead of Cop26, experts said
Alpen Capital
Why sukuk issuance is likely to drive Islamic finance growth
New research highlights the opportunities and challenges for Islamic finance in a post-pandemic era
circular economy
Why more and more investors now look to ESG as a source of investment returns
Effective ESG integration offers a path to potentially generating real and sustainable return in investment portfolios to help you meet your personal financial goals
climate change
Climate change consequences are serious for global oil and gas producers
As the effects of ESG trends and climate change on the oil and gas sector is any indication of what may be in store, some companies may be in for a rough ride
