Monthly Archives: December 2023

Featured

SACE unveils its new ESG Strategy at COP28

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SACE unveils its new ESG Strategy at COP28, while addressing a diverse audience of 100 industry leaders from the GCC region, a pivotal area shaping sustainable transition initiatives globally.

Driving change, accelerating the transition of its customers and becoming a “ESG Execellence Company” in its daily activities are the core principles of the new Strategy, which will entail the considerable evolution of SACE’s operating and business model with the integration of environmental, social, and governance criteria in all decision-making processes and a scientific measurement of its impact.

Dubai, 30th November 2023 – At COP28, a year after launching its “INSIEME 2025” Business Plan, SACE unveils its new ESG Strategy. This innovative approach is bound to revolutionize the Italian insurance-financial group’s business model, aligning it with the United Nations Sustainable Development Goals (SDGs). The primary goal of this strategy is to contribute to the community well-being and overall prosperity.

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Featured

Citi GPS Report Outlines How to Mobilize Climate and Development Finance during COP28

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Citi GPS Report Outlines How to Mobilize Climate and Development Finance during COP28

Second GPS Report Highlights Global Challenges from Food Security, Water Scarcity and Climate

Dubai, UAE – As the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) begins in Dubai, Citi Global Perspectives and Solutions (GPS) will publish two reports titled ‘Unlocking Climate and Development Finance: Creating Bankable Projects’ and ‘Food, Water, Climate Nexus.’

The first report looks at how to increase the flow of money into the geographies, industries, and projects where it can make a difference while generating a suitable risk-adjusted return. Traditionally, the explanation for the insufficient mobilization of finance has been the mismatch between the risk appetite of the capital and the risk profile of the projects. While facilitating capital flows is well understood, more bankable and investable projects are needed.

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Technologies

TCL unveils exclusive offer with the 98-inch C755 QD-Mini LED 4K TV for ultimate gaming experience!

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TCL unveils exclusive offer with the 98-inch C755 QD-Mini LED 4K TV for ultimate gaming experience!

Dubai – November 30, 2023: In anticipation of the upcoming festive season, TCL Electronics, the global top 2 TV brand, is delighted to unveil a limited-time exclusive promotion for TV enthusiasts. With the purchase of the new 98-inch TCL C755 QD-Mini LED 4K TV, customers will receive the P745 model for absolutely free, all for an incredible price of AED 21,999.

The 98-inch C755 QD-Mini LED 4K TV introduces cutting-edge features, including Dolby Vision and Dolby Atmos, providing an immersive cinematic experience. With a refresh rate of up to 144Hz, gamers can enjoy superior resolution and seamless precision in high-speed gaming. Quantum Dot Technology reveals over one billion vivid colours, delivering an expanded colour range of up to 96% according to the DCI-P3 standard. The IMAX Enhanced Display meets stringent certification criteria for a truly calibrated, vibrant, and high-performance viewing experience.

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Automibiles & Motoring

Zero-emission Vehicle Innovator Wisdom Motor brings the GCC’s first 12-meter Hydrogen City Bus

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Zero-emission Vehicle Innovator Wisdom Motor brings the GCC’s first 12-meter Hydrogen City Bus in new cooperation to support the UAE’s green mobility agenda

Cooperation adds the UAE and GCC region to the company’s global footprint

ABU DHABI, November 29, 2023 – As the world focuses on climate change in the coming weeks, Wisdom Motor, a technology company that designs and develops zero-emission commercial vehicles, today announced a cooperation with the Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi, to provide new green mobility solutions to the Emirate through its distributor EGME (part of the Al Fahim Group).    Under this significant cooperation, Wisdom Motor joins other international brands to support ITC’s Green Bus Assessment Programme contributing towards the region’s proactive efforts to embrace sustainability.

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Business & Investments

14 Leading Financial Institutions, Representing Over $450billion, Confirm Setup in Abu Dhabi in One Week

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14 Leading Financial Institutions, Representing Over $450billion, Confirm Setup in Abu Dhabi in One Week

  • Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard.
  • Announcements of establishment of enhanced presence include USD 144bn Asset Manager NinetyOne, Independent Financial Services Group Rothschild & Co, USD 105 bn Asset Manager GQG Partners, USD 60bn Hedge Fund TCI and Social Trading Platform eToro.
  • A total of 23 market announcements recorded during Abu Dhabi Finance Week, including major operational upgrades by The World Bank & JP Morgan, along with a strong lineup of emerging financial institutions ranging across fintech and sustainable finance.
  • ADGM Chairman hails announcement flurry as “The most successful week in ADGM’s history”.
Continue reading 14 Leading Financial Institutions, Representing Over $450billion, Confirm Setup in Abu Dhabi in One Week →