Tag: financing

    Qatar officials aim to attract Environmental,  Social, and Corporate Governance sensitive investments

    Qatar based panelists shed light on the opportunities and challenges in the field of ESG (Environmental, Social, and Corporate Governance) across the GCC banking sector. During the ‘Banking on ESG’ webinar, they discussed whether it is a short-term phenomenon or will be here for long-term, The Peninsula Qatar reports In Qatar and the western region, […]

    Saudi regenerative tourism firm secures $3.76 billion loan and first ever riyal-denominated Green Finance credit facility
    29 May 2021

    The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, state that it has closed a SR14.120 billion ($3.76 billion) term loan facility and revolving credit facility with four Saudi banks, Saudi Gazette reports. TRSDC CEO John Pagano said, “Green Financing accreditation was awarded due to TRSDC’s market leading […]