green finance

Saudi Arabia tackles e-waste with 100,000 devices recycled, minimizing environmental footprint

This is part of the Kingdom's strategy to build a sustainable digital future optimizing resource use

Egypt sets sights on $5 billion investment goal with India by 2027

Through renewable energy, green hydrogen, and engineering initiatives

Sustainable investments could unlock $2 trillion for GCC countries by 2030: Report

Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022

World’s largest EV producer BYD to build $1 billion factory in Türkiye

BYD's Türkiye factory is expected to begin production by the end of 2026 and create 5,000 direct jobs

DEWA’s IPWP model attracts $11.87 billion investment over 10 years

Key projects include the Mohammed bin Rashid Al Maktoum Solar Park, which aims for 5,000MW by 2030 at AED50 billion

UAE’s ADNOC, JBIC sign $3 billion green financing agreement

The credit facility is part of JBIC's GREEN lending program and is partially supported by Japanese commercial banks

Dubai to host 10th World Green Economy Summit on October 2-3

Summit will be held under the theme ‘Empowering Global Action: Unlocking Opportunities and Advancing Progress'

South Korea’s foreign reserves fall $620 million in June amid currency swap, bond payments

As of the end of June, the country’s foreign reserves stood at $412.21 billion

UAE’s ADIB releases comprehensive ESG report, highlights $1.51 billion in sustainable finance and net zero commitments

The bank reduced Scope 1 emissions by 65 percent compared to 2022 and set 2030 emissions reduction targets for six portfolio sectors

Green finance is funding sustainable progress in MENA

Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023