ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.62% to close at 4563.26 points. Accordingly the Market Capitalization has gained AED 4.53 billion attaining AED 740.22 billion. A total of 1.97 billion shares were traded with a total value of AED 2.32 billion during the trading session of 07-03-2016 through 20575 transactions. The number of companies which …

Bloomberg Companies are second guessing whether to participate in green-bond markets as scrutiny by environmental groups raises the bar on what constitutes a climate-friendly security. After quadrupling in size from 2012 to 2014, lifted by investors tracking environmental performance in addition to yield, the green bond market is expected to slow for a second consecutive year, according to Bloomberg New …

AFP He’s the name behind the world’s first electric supercar, winning international plaudits for his ingenuity. But for Croatia’s 28-year-old Mate Rimac, it all started as a hobby in his garage. A keen techie since high school, Rimac was racing an old BMW when he blew the engine and decided to turn the car into an electric one starting with …