New Masdar to play central role in delivering the UAE’s Net Zero by 2050 Strategic Initiative
sustainable investment
Brand View
Sustainability and technology: Common themes between Northern Ireland and the Middle East
Northern Ireland may seem a long distance from the desert sands and soaring skyscrapers of the Middle East. Yet, the region is also at an inflection point in both its sustainability and technology sectors
energy efficency
Epson ends global sale of laser printers, commits to sustainability
The company’s focus on sustainable solutions enables industries including healthcare, education, the public sector and more
Abu Dhabi
Abu Dhabi to host 12th edition of Annual Investment Meeting next May
The meet will be attended by decision-makers, investors, experts, and academic figures from all over the world
carbon emissions
Ahead of G20 meet, Indonesian group organises $30 billion for UN SDGs
The group supports incubation of more than 20 projects that will catalyse over $30 billion investment into clean energy, avoided deforestation, ecosystem restoration, marine protection, circular waste management and human health
bond issuance
Saudi PIF raises $3 billion in sale of debut bonds
Saudi Arabia’s PIF manages more than $600 billion in assets, and is at the centre of the Kingdom’s aim to diversify the economy away from oil by boosting non-oil activities
Boston Consulting Group
GCC requires up to $85 billion investments to achieve sustainable waste management in the region, says new study
This investment would cover design, collection, sorting, and recycling investment across these four key waste streams, said the study by BCG in collaboration with the World Business Council for Sustainable Development
Abu Dhabi
Abu Dhabi-based NGO Global Mission sets up $17 billion fund to support UN sustainable development goals
The fund is an initiative by the Mission on the occasion of the 50th anniversary of the establishment of the UAE
Abu Dhabi Commercial Bank
ADCB prices’ green bond to raise $500 million to support ESG-based projects
The bond, follows a global roadshow and reflects confidence in ADCB and its approach to managing ESG risks and opportunities
Cryptocurrency
‘Standing still’ is the biggest risk to the UAE’s most wealthy: Report
After a decade of fast growth, UAE wealth is anticipated to grow by 6.7 percent, hitting $1 trillion by 2026
climate change
Green investments are critical for long-term economic growth
Investing in green growth can be both sustainable and profitable
clean energy
UAE announces $2 billion investment in India food parks
The move is part of an effort to tackle food insecurity in South Asia and the Middle East
carbon emissions
Can the circular economy be the paradigm shift businesses need to address climate change?
If we want to make transformational changes, we must first acknowledge that we cannot solve the new challenges climate change poses with old paradigms
Bahrain
GFH Financial Group’s Infracorp reports net profit of $6.2 million in the first three months of 2022
Making its first financial disclosure since its launch earlier this year, Infracorp has reported that it currently has $3 billion in assets under management
Arab world
UAE tops rankings in Arab world for foreign direct investments (FDI)
Global FDI was up 64 percent last year but could fall this year or remain flat at best says new report
energy investments
Moving to a green Middle East can usher in a new model of growth
Regional leaders are at a ‘crucial crossroads’ as they foster more sustainable economies while addressing the implications of energy transition
Dubai
World’s first incubator for sustainable cities launched in Dubai
The R&D programme will focus on developing new solutions for the next generation of sustainable cities across the world