ADCB introduces region’s first Mastercard Carbon Calculator during COP28

ABU DHABI/WAM Abu Dhabi Commercial Bank (ADCB) introduced the region’s first Mastercard Carbon Calculator, an innovative tool that supports the sustainability ambitions of businesses by providing data on the estimated carbon footprint of their corporate expenditure using the ADCB corporate cards. ADCB, which has joined the UN-convened Net-Zero Banking Alliance (NZBA) in support of the goals of the Paris Agreement, ...

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UNIDO and ITFC forge strategic partnership for sustainable development

DUBAI/WAM Gerd Müller, Director-General of the United Nations Industrial Development Organisation (UNIDO), and Hani Salem Sonbol, Chief Executive Officer of the International Islamic Trade Finance Corporation (ITFC), have announced a renewed commitment to collaborate to advance the United Nations Sustainable Development Goals (SDGs). The joint declaration signed by both parties during COP28 underscores the vital role that UNIDO and ITFC ...

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UAE leads arab world in trade resilience, tops Whiteshield Index

DUBAI/WAM Whiteshield, a global consulting firm specialising in strategic planning and public policy, has released the first edition of the Global Trade Resilience Index report on the sidelines of the 28th UN Climate Change Conference (COP28) in Dubai. The United Arab Emirates tops the list of the highest-performing countries in the Arab region on the Whiteshield Global Trade Resilience Index, ...

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SEE Holding, EnerTech to develop Sustainable City in Kuwait

DUBAI/WAM SEE Holding, the UAE’s first sustainably focused global holding group aiming to spearhead a net-zero future, and EnerTech, a Kuwait-based innovator, investor, and developer of end-to-end sustainable solutions, today revealed plans to develop a sustainable city in Kuwait. The new development, which was announced on the sidelines of the 28th UN Climate Change Conference (COP28) currently taking place in ...

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ADIB lists world’s first USD-denominated green Sukuk on ADX

ABU DHABI/WAM Abu Dhabi Islamic Bank (ADIB), one of the leading global Islamic banks, is pleased to list the world’s first USD-denominated green Sukuk on Abu Dhabi Securities Exchange (ADX), the 2nd largest exchange by market value in the Middle East. ADX is delighted to welcome ADIB’s Green Sukuk to its growing group of green debt instruments. Listed alongside COP28, ...

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Sultan Al Jaber, Ahmad Al Falasi attend Education Day opening ceremony at COP28

DUBAI/WAM The Ministry of Education organised the Education Day opening ceremony at the Legacy Theatre in the Greening Education Hub, themed ‘Legacy from the Land of Zayed’ in the Green Zone at COP28. Among those in attendance were Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President; Dr. Ahmad Belhoul Al Falasi, Minister of ...

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Khaled bin Mohamed bin Zayed visits Green Zone at COP28

DUBAI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has visited the Green Zone pavilions at COP28, which is being hosted by the UAE until 12th December. His Highness toured a number of hubs and pavilions dedicated to sharing insights and solutions to support the ...

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Saud bin Saqr attends opening of Global Citizen Forum in Ras Al Khaimah

RAS AL KHAIMAH/ WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has emphasised that working to address climate change in the world is an opportunity to achieve social and economic development in the UAE, and based on this well-established approach, Ras Al Khaimah attaches great importance to sustainability, and sets its ...

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