Masdar green bond programme reaches $2.75bn with new issuance
sustainable financing
Latest in sustainable financing
Biodiversity
Dubai-based DP World issues the region’s first Blue Bond
The $100 million, 5-year Blue Bond priced at 5.25% coupon rate; Will fund significantly under-funded SDG 14 and SDG 6 of the United Nations
Climate
World Bank to boost MENA climate financing to $10bn as region eyes $13tn GDP
World Bank will increase climate financing actions as MENA region tipped to see GDP growth to $13tn with green growth strategies
COP28
UAE’s COP28 puts ESG reporting in the spotlight
Companies need to take ESG seriously as the importance of sustanability increases
clean energy
AIIB, Global Energy Alliance to mobilise $1 billion for co-financing green energy transition, renewable energy projects
AIIB, Global Energy Alliance to mobilize $1 billion for co-financing green energy transition, renewable energy projects
cadastre system
Six guiding principles to develop sustainable real estate markets in the Middle East: PwC report
Despite economic measures and incentives launched by Middle East governments, there is a need to improve real estate fundamentals such as legislative and regulatory frameworks to achieve long-term sustainability, experts said