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The Work Crowd, an on-demand talent platform of expert consultants and freelancers, is playing a…
The Dubai Financial Services Authority (DFSA) reported a 25 per cent increase in new company licencing in 2023, elevating the total number of registered firms to 791.
The Global Energy Transition Congress & Exhibition (GET) stands as a beacon of collaboration and…
In the realm of financial services, IDC has organized the Financial Services Summit. The Summit…
RGE, a Singapore-headquartered multinational group of resource-based manufacturing companies, today announced the closing of a…
Abu Dhabi Islamic Bank (ADIB) has successfully raised $500M by issuing Sharia-compliant green bonds, marking the largest Islamic bank by assets in the emirate’s effort to diversify its funding sources, promote sustainability, and address climate change concerns.
ADIB priced the senior sukuk with a five-year tenure at a profit rate of 5.695% per annum, payable semi-annually. The sukuk will be listed and traded on the London Stock Exchange’s International Securities Market and Sustainable Bond Market, according to the statement from the Abu Dhabi-based lender.
The 2023 Future Sustainability Forum in Dubai highlighted the city’s role in global sustainability. With 1,500 industry leaders and over 70 speakers from 30 countries, the event focused on sustainable finance, ESG regulations, and setting credible net-zero targets. Notable speakers included H.E Mariam Bin Mohammed Saeed Hareb Almheiri and Amal Larhlid. This forum showcased Dubai’s commitment to a greener future and global sustainability through collaboration and innovation.
The implementation of the net-zero goal will be achieved through both legislative and non-legislative means.…
Yuriko Koike, Tokyo Gov., said Monday that promoting sustainable finance will be at the core…
Khaled Mohammed Balama, Governor of the Central Bank of the UAE (CBUAE), proceeds with day…