Friday, March 29, 2024
Home Tags #Sustainable Finance

Tag: #Sustainable Finance

Bank Nizwa signs $90 million sustainable finance deal with RDAC

Oman’s Bank Nizwa signs $90 million sustainable finance deal with RDAC

The integrated workforce accommodation facility provides premium living standards to workers of all segments
UAE’s ADIB leads closure of AED 863 million Shari’ah-compliant syndicated loan

ADIB, Aldar Properties close AED 1 billion sustainability-linked financing deal

The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with the UAE Net Zero by 2050 strategic initiative
Dubai Islamic Bank unveils sustainable home finance ‘Nest’

Dubai Islamic Bank unveils sustainable home finance ‘Nest’

The sustainable home finance’s benefits include discounts on home finance rates, discounts on due diligence and documentation fees
Emirates Islamic launches QuickRemit money transfer to UK

Emirates Islamic leverages Islamic finance to drive climate action

Islamic finance has gained prominence in recent years as a unique and ethical financial system guided by Shari’ah principles
UAE’s FAB unveils trade platform for asset managers MENASSA

UAE’s FAB to provide $135 billion in green finance by 2030

The banking group has facilitated over $27 billion in financing renewable energy, wastewater and green buildings since 2021.
UAE banks pledge AED 1 trillion in green finance at COP28

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.
Mashreq commits AED 110 billion to sustainable finance by 2030

UAE’s Mashreq commits AED 110 billion to sustainable finance by 2030

The bank’s commitment to facilitating AED 110 billion in sustainable finance by 2030 builds on years of sustainable finance deployment
Emirates NBD-Egypt expands footprint with Qena Governorate branch

Emirates NBD-Egypt signs EUR 30 million loan deal with Hayat Egypt

The investment not only enhances Hayat Egypt’s financing base but also creates a local partnership in a challenging financial market.
BENEFIT records $77.1 billion in electronic transactions in 2023

Central Bank of Bahrain issues new ESG reporting framework

The framework provides listed companies with guidelines on the reporting requirements for ESG factors.
Commercial International Bank, IBM to integrate banking services

Egypt’s CIB secures $250 million from International Finance Corporation

The bank secured a 10-year $150 million Tier II facility to support its capital position as well as the expansion of its operations