Bloomberg Global socially responsible investments grew by 34 percent to $30.7 trillion over the past two years, lifted by Japanese pension funds, retail investors everywhere and broad, growing concern about climate change. Europe remains the biggest region for sustainable investors with about $14 trillion devoted to these strategies, up 11 percent from 2016, according to the biennial report from the ...

ABU DHABI / WAM The National Petroleum Construction Company (NPCC), a subsidiary of Senaat Abu Dhabi, announced that its revenue increased by 7%, from AED4.9 billion to AED5.3 billion. Speaking on the occasion, Dr Mohamed Rashed Al Hameli, NPCC Chairman, said, “NPCC’s excellent project management has led to 27% increase in operating profit, from AED700 million to AED891 million. These ...

DUBAI / WAM Building on its existing portfolio of metals products, the Dubai Gold and Commodities Exchange (DGCX), recorded a 20.4 percent year-on-year growth in March, trading over 1.84 million contracts with a notional value of more than $36.6 billion. Average daily volumes throughout the same month also increased, registering 87,995 contracts. The DGCX successfully launched two new contracts, Aluminium ...