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#Sustainable Finance

The DFSA and the HKMA join efforts to accelerate sustainable finance across the Middle East and Asia

Building on the long-standing relationship between the Dubai International Financial Centre (DIFC) and the HKMA, this new partnership aims to bolster cross-border collaboration to...

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 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 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

The country’s banking federation seeks to accelerate progress in this domain by fostering a business environment that encourages competitive, active and sustainable finance.

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 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.

Central Bank of Bahrain issues new ESG reporting framework

The framework provides listed companies with guidelines on the reporting requirements for ESG factors

ADCB launches sustainable call account for corporate customers

ADCB is expanding its offering to support customers pursue their sustainability agenda as the UAE prepares to host the COP28.

UAE’s Abu Dhabi Islamic Bank unveils robust ESG strategy

The bank’s ESG strategy encompasses the green, social and transition to low carbon economy requirements of customers

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