Bloomberg ESG asset managers are accelerating their use of new climate-investing benchmarks created by European authorities, in a development that’s set to make it harder to get away with greenwashing. While only about $1.2 billion is now tied to gauges that meet European Commission requirements — a tiny fraction of the $35 trillion of ESG assets worldwide — inflows have ...

SHARJAH / WAM The Sharjah Real Estate Registration Department recorded 40,346 real estate transactions worth AED12.2 billion, marking a 40.5 percent increase till June 2021 against the same period last year, according to the department’s statistical report for the first half of 2021. Moreover, the total area covered in sales transactions was 75.2 million square feet. This showed a 96.1 ...

DUBAI / WAM The distribution of food parcels has been completed in Egypt, providing an equivalent of 30 million meals to low-income families and underprivileged “100 Million Meals” campaign. In partnership with the Food Banking Regional Network, 928 local humanitarian organisations and Egypt Food Bank, around 504,000 beneficiaries across Egypt received parcels of easy-to-store food items including flour, sugar, rice ...