Tuesday 5 December 2023

UAE banks to mobilise $272bn in sustainable funds by 2030

The UAE Banks Federation has today (December 4) announced a significant initiative from the country's financial sector to collectively mobilise over AED1 trillion ($272 billion) in sustainable funding by 2030.   The announcement was made at an event, organis


NBB delegation attends COP28 in Dubai

The National Bank of Bahrain (NBB) is presenting at COP28 how it is supporting Bahrain’s vision of becoming a leader in sustainability and the green economy by implementing various initiatives and projects.    The NBB delegation is also highlighting t


Mashreq a ‘top sustainable finance contributor’

Mashreq is one of the top contributors to the UAE Banks Federation’s (UBF) pledge to mobilise AED1 trillion ($270 billion) in sustainable finance by 2030.    This was announced at the event hosted by the Central bank of UAE in Global Climate Action th


BAB enhances ties with Dispute Resolution Centre

The Bahrain Association of Banks has committed to enhancing collaboration with the Dispute Resolution Centre of the Bahrain Chamber of Commerce and Industry.   Dr Waheed Al Qassim, CEO BAB and a Board of Trustees member said this collaboration aims to foster the


Burgan Bank appoints Naqeeb Amin as General Manager HRD

Burgan Bank has announced the appointment of Naqeeb Amin, as the General Manager of Human Resources and Development for the group.    Joining the bank at an important moment of transformation, Amin will spearhead the Bank’s expansive human capital dev


Federal Bank launches portal for non-resident account opening

Federal Bank has announced the launch of an exclusive portal for Non-Resident Indians (NRI) through which NRIs can now initiate opening a savings account from anywhere in the world.    Doorstep courier service also has been introduced at select locations to


Global centre launched to accelerate climate finance

Abu Dhabi will host a pioneering Global Climate Finance Centre (GCFC), that will accelerate the development of climate finance frameworks and skills, and champion best practices in the UAE and globally.    GCFC aims to address key barriers linked to financi


Majid Al Futtaim for PPPs to unlock $30trn sustainable fund

Majid Al Futtaim, in its newly published whitepaper entitled 'Aligning Growth with Purpose', examines the significant increase in sustainable finance across the Mena region and the ways it can act as a catalyst for positive change.   The Emirati group is


Firm launched to preserve Amazon biome at COP28

O.N.E Amazon, a company focused on creating sustainable impact for the environment and investors by using next-generation technology to bring innovation to conservation, has been launched at COP 28. It will enable investors from around the world to participate in the preservation of the 750 m


GFH joins the World Economic Forum as Associate Partner

GFH Financial Group (GFH) has joined the World Economic Forum (WEF) as an Associate Partner in line with the group’s expanding global presence and commitment to fostering meaningful collaborations.    Through the partnership, senior leaders from the g

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