Green bonds are a fast-growing financial instrument, with annual issu- ances of less than a billion dollars a decade ago having grown to more than $170 billion last year. They’re increasingly popular as a way to fund environmentally friendly infrastr- ucture, energy efficiency and clean energy. As the market grows, an intriguing split is emerging between green bond markets: Asia ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB), the UAE’s largest bank, on Tuesday reported an H1 2018 group net profit of AED6.1 billion, up 10 percent year-on-year; with annualised earnings per share (EPS) standing at AED1.08. Meanwhile, operating income reached AED9.8 billion in the period between January and June. Cost-to-income ratio (ex-integration costs) at 25.7 percent continues to ...

Abu Dhabi / WAM The UAE has created 16 catalysts that have helped to attract foreign direct inves- tment (FDI) according to relevant national statistics for the end of 2017. Along with its political, economic, social and security stability, the country’s geographic location, competitiveness, free-market policies, encouragement for the private sector, and attractive investment environment have enabled it to lead ...