Tag: finance

    Policies key to post-pandemic recovery in MENA – International Monetary Fund

    The MENA region’s post-pandemic progress and the policies that can help secure a more sustainable, inclusive recovery, said the International Monetary Fund (IMF) in a new report. The Middle East & Central Asia Regional Economic Outlook report was launched during an expert discussion on the state of recovery in the MENA region hosted by the […]

    UAE’s largest retailer Majid Al Futtaim secures first ESG loan of $1.5bn as a part of its sustainability strategy

    Retail giant Majid Al Futtaim (MAF) secured its first sustainability-linked loan with a value of 5.51 billion dirhams ($1.5 billion), said in a statement on August 31. The UAE-based retailer said the loan is part of its sustainability strategy, as it aims to facilitate and support environmentally and socially sustainable economic activity and growth. “The […]

    Bahrain Bourse receives Best ESG Initiative Award

    Bahrain Bourse, a self-regulated multi-asset marketplace, has been accorded a prestigious award by PAN Finance Awards for “ESG Initiative of the Year” – Bahrain category, BNA reports. Pan Finance Journal recognizes international corporations for their excellence and is a trusted indicator of eminence, making this award a symbol of Bahrain Bourse’s notability and effort towards […]

    Endangered technologies. Things that will confuse your children

    Modern children are easily confused by simply showing them a few things from the recent past, as a disk phone or videotape. Now it may seem ridiculous, but these are not artifacts of antiquity. Therefore, it is easy to imagine the day when goods and technologies, which are an integral part of our lives today, […]

    Oman weighs legislation to enable the issuance of green, blue and social bonds

    As part of its continuous development efforts to enhance and diversify the capital market in Oman with various types of fundraising instruments to meet the issuers’ and investors’ needs, the Capital Market Authority (CMA) has come up with a new draft Regulation for Bonds and Sukuk, Oman Observer reports. It includes the new requirements for […]