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Tabreed closes AED 600m green credit

Tabreed, the world’s leading district cooling company, announced the successful closure of its inaugural AED 600 million Green Revolving Credit Facility (RCF) in partnership with First Abu Dhabi Bank (FAB) as the Green Coordinator, alongside Abu Dhabi Commercial Bank (ADCB), and Emirates NBD. This groundbreaking financing agreement, spanning five years, aligns seamlessly with Tabreed’s overarching sustainability strategy. The facility is designed to introduce highly efficient cooling solutions […]

Indian Steel Mills Continue To Hold Back Export Offers To South East Asia, Middle East In December, Green Shoots Seen In EU

Panda Residential facilitates strategic investment in London pubs for Asian investors

London pubs become one of the most resilient investment choices for Asian investors LONDON, UK – Media OutReach Newswire – 13 December 2023 – In a strategic move, Panda Residential, a prominent London property agency for Asian investors, has assisted some clients in acquiring London pubs for investment purposes in 2023. This highlights the agency’s commitment to helping clients diversify investment portfolios and tap into unique opportunities […]

Leading the Charge: Joule Case Electrifies the Streets with Over 100 Food Trucks Going Green

Joule Case’s innovative battery systems now power over 100 food trucks, offering eco-friendly, cost-efficient energy solutions that are praised by owners for sustainability and performance. Seattle, Washington, United States – December 12, 2023 /MarketersMEDIA/ — Joule Case, a pioneering manufacturer of high-performance battery systems, is proud to announce a remarkable milestone: over 100 battery-powered food trucks across the country are now running their operations on the company’s […]

Kinetic Green Launches E Scooter ZULU, Targets Big Play In 2, 3 Wheeler Market

COP28 Draft Negotiation Text Frustrates Hope Of Phasing Out Of Fossil Fuel

GCC states more vulnerable to climate change impact: S&P

K Raveendran GCC countries could become more vulnerable to the economic and financial impacts of physical risks from climate change over the next few decades if investments in adaptation and resilience stagnate, Standard & Poor’s said in a report. According to the report titled Sustainability Insights Research: Lost GDP: Potential Impacts Of Physical Climate Risks, on average, about 8% of the GCC region’s GDP could be at […]

UAE royal family members attend China-UAE Youth Football Match during COP28

DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 12 December 2023 – Recently, 198 Parties gathered in Dubai, the United Arab Emirates (UAE), to attend the 28th meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28). Their aim is to find solutions for humanity in the race against time to combat the climate crisis. Participating guests perform the […]

COP28’s Russia Day showcases progress made by Russian companies in their fight against climate change

DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 12 December 2023 – Russian Business Day, held on December 11 at the COP28 UN Climate Change Conference in Dubai, demonstrated that Russian companies continue to fulfill their climate commitments and contribute to the global effort to combat global warming. The oil petrochemical company SIBUR is making confident strides towards achieving its climate goals. These goals include reducing […]

Government Pays Heed To RBI, Moves To Rein In Food Prices

Economy Gaining From Manufacturing Boost: Sitharaman

Govt To Sell 8% Stake In IRCON International Through Offer-For-Sale

ONGC To Cut Gas Flaring, Use Green Power At Oil Wells: Chairman Arun Singh

Top 5 investing mistakes to avoid

Over the years, as a keen observer of individual financial behaviours, I’ve encountered a myriad of pitfalls that individuals often stumble into before seeking professional advice. Here, we delve into the top five most common financial planning and investing mistakes I’ve witnessed first-hand. First, failing to diversify. One of the cardinal sins of investing is the failure to diversify. I’ve seen individuals who, driven by the allure […]

ZJLD Group been Rated by Wind as one of the Top 100 Best ESG Practices among Listed Companies in China for 2023

HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”; SEHK stock code: 06979. HK), the fourth largest private-owned baijiu enterprise in China, is pleased to announce it has been rated as one of the Top 100 Best ESG Practices among all listed companies in Greater China by Wind, a […]

SHARP Debuts Game-Changing Innovations To Future Proof Industries and Society

Innovative AI, EV Solution, Green Energy, Next Communication, Semiconductor and Robotics Technology Opens Gateway To Collaborative Synergies SINGAPORE – Media OutReach Newswire – 7 December 2023 – The world needs innovators. The 17 Sustainable Development Goals established by the United Nations and 14 Grand Challenges for Engineering in the 21st century set by the National Academy of Engineering are examples of a global call to innovate with […]

Hong Kong is Getting a Head Start in Becoming World’s Top Family Office Hub

Secretary for Financial Services and the Treasury, Christopher Hui and Chairman of the Newly Established Hong Kong Academy for Wealth Legacy, billionaire entrepreneur Adrian Cheng, share their views. Newly formed academy sits under the Financial Services Development Council (FSDC), sweetens deal and further strengthens Hong Kong‘s competitiveness as a leading global family office hub One of Hong Kong Government‘s top agendas to support next-generation wealth owners and […]

Masdar signs agreements for 1GW Wind and potential Green Hydrogen plant in Jordan

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources to develop a 1 gigawatt (GW) wind project with a battery energy storage system (BESS), and a memorandum to explore the feasibility of establishing a green hydrogen plant. The agreements with the Ministry were signed at COP28 by Masdar […]

UAE banks pledge $270 billion in sustainable finance by 2030

Arabian Post Staff UAE Banks Federation (UBF) has pledged to mobilise over AED 1 trillion, which represents more than US$ 270 billion, in sustainable finance by the year 2030. Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation, announced the pledge at an event organised jointly by Central Bank of the UAE with the COP28 Presidency to support and facilitate global climate finance solutions and progress towards a sustainable […]

Adani Green Raises $1.36 Billion In Construction Finance From 8 Global Banks

ReNew Inks Initial Pact With Asian Development Bank For USD 5.3 Billion Funding

DigiFT secures MAS approval for enhanced financial operations

DigiFT, a leading digital assets exchange, has attained regulatory clearance from the Monetary Authority of Singapore (MAS) to administer collective investment schemes and engage in secondary-market trading. This endorsement from MAS signifies a pivotal advancement for DigiFT, enabling the platform to diversify its financial services and extend its presence within the dynamic digital assets sector. The granted approval for collective investment schemes empowers DigiFT to facilitate the […]

COP28 Climate Summit 2023: Exxon, Aramco Lead Emissions Cut Pledge

Exxon Mobil Corp. and Saudi Arabia’s Aramco, the world’s largest private and state-sector oil companies, led a pledge by 50 oil and gas producers at the COP28 climate summit to cut emissions from their own operations. The deal is controversial given none of the companies are agreeing to reduce oil and gas production. But they […]

The post COP28 Climate Summit 2023: Exxon, Aramco Lead Emissions Cut Pledge first appeared on Latest India news, analysis and reports on IPA Newspack.

UAE, Saudi Arabia to lead in green bonds issuance

K Raveendran The green, social, sustainable, and sustainable-linked bonds (GSSSB) market–including sustainable sukuk–in the Middle East (GSSSB) is set to expand further, with the UAE and Saudi Arabia likely to remain the leaders, Standard & Poor’s said in a report. The report is timing with the high-profile COP28 meeting in Dubai, which has seen a number of pathbreaking decisions by nations. GSSSB issuance in the Middle East […]