Tag: #Sustainability
UAE’s FAB joins Mastercard’s Priceless Planet Coalition
The coalition contributes to the UAE’s mangrove planting and restoration efforts that boost the country’s climate change mitigation and adaptation capabilities
UAE’s ADCB launches Mastercard Carbon Calculator
The bank is partnering with customers on their transition to a net zero economy by expanding its suite of green products and services
UAE banks pledge AED 1 trillion in green finance at COP28
The country’s banking federation is working closely with its partners on sustainability efforts to accelerate and advance sustainable development goals.
Abu Dhabi’s Wio Bank rolls out Mastercard Carbon Calculator
The Carbon Calculator enables the bank to provide customers with carbon footprint data and insights about the impact of their purchases.
Bahrain’s Investcorp launches new climate solutions investment platform
The platform seeks to accelerate the global transition to a zero-carbon economy with a focus on the deployment of commercially proven climate solutions.
UAE’s Abu Dhabi Islamic Bank unveils robust ESG strategy
The strategy underscores ADIB’s commitment to increasing its sustainable finance targets, enhancing its sustainable development journey.
Egypt grants ACWA Power land for 10 GW wind project
The 10 GW wind power plant is expected to provide the Egyptian economy with $6.5 billion savings in annual natural gas costs
UAE’s Majid Al Futtaim raises $1.25 billion sustainability-linked loan
Majid Al Futtaim, the Middle East region’s biggest mall operator, said Monday that it had raised a $1.25 billion revolving credit facility linked to...
Saudi Arabia signs Memorandum of Understanding with HSBC in sustainable investment drive
The Ministry of Investment of the Kingdom of Saudi Arabia has signed a Memorandum of Understanding (“MoU”) with the HSBC Group to identify and...
Mastercard marks year of collective action in annual Sustainability Report
Mastercard released its 2020 Corporate Sustainability report, highlighting how the company has responded to the challenges of the last year through innovation and trusted...