Browsing: ESG

CEO Clubs successfully hosted an exclusive Round Table Meeting on “Navigating Sustainability”, featuring an insightful discussion led by their valued member, Ms. Rachel A. Aron, Managing Director & ESG Advisor at Tugo Cwiny Management Consulting. Held at the CEO Clubs office, the event brought together esteemed members and industry leaders, including ESPA Middle East, CEO Coaching International, Ideal Capital Management Consultants, ARCB Investment LLC, Farihas FZE, HSBC, and Global Trend Monitor.

Nasdaq Dubai has listed the Middle East and North Africa’s first corporate Blue Bond, a USD 100M issuance by DP World, a leading global supply chain solutions provider. The bond, issued under DP World’s USD 10B Global Medium-Term Note Programme, carries a 5.250% coupon rate and matures in 2029. It secured a spread of 99.6 basis points (bps) above US Treasuries, the tightest spread achieved by DP World in both bond and Sukuk markets. The proceeds will support sustainable initiatives, including marine transportation, port infrastructure, and water-positive projects, reflecting the region’s growing commitment to sustainable finance.

Emirates Stallions Group (ESG), a subsidiary of International Holding Company, has reported its 2024 financial results, showcasing exceptional growth. Revenue increased by 109%, rising from AED 609.36M in 2023 to AED 1.27B, reflecting strong performance across Workforce Solutions, Construction, and Real Estate sectors.