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UAE’s Dubai Islamic Bank nets USD 1 bn in second green sukuk issuance
The Dubai Islamic Bank (DIB) raised USD 1 bn in its second green sukuk issuance, according to a statement. The…
KSA’s Acwa Power targets SAR 1.8 bn financing through new sukuk issuance
Acwa Power plans sukuk issuance to shore up project financing: Tadawul-listed renewables player Acwa Power pulled the trigger on a…
GCC’s green bonds and sukuks had a better 2022 than we thought
GCC green and sustainable bond and sukuk issuances saw massive growth in volume and value last year, with some USD…
What major developments can we expect in MENA climate finance in 2023?
What key climate finance trends and developments should we be keeping an eye on in 2023? Climate finance was a…
2022 saw quite a few green bond issuances — and they were heavily oversubscribed
Despite global bond market volatility, MENA green bonds and sukuk had a good year: MENA saw some major issuances of…
Dubai Islamic Bank’s maiden green sukuk issue was nearly 2x oversubscribed
Dubai Islamic Bank (DIB) sold USD 750 mn of its maiden sustainable Shariah-compliant bonds (sukuk), Reuters reported yesterday, citing a…
TODAY: Dubai Islamic Bank’s maiden green sukuk issue is nearly 2x oversubscribed + UAE passes a law to regulate renewable energy distribution + A low low-cost tech for zero-emissions hydrogen production?
Good morning, ladies and gents. If you’re still in disbelief at Saudi Arabia’s spectacular 2-1 victory over Lionel Messi’s Argentina,…
TODAY: Green sukuk market is growing + King Charles isn’t coming to COP27 + Check out the Nord Stream LNG leak from space
Good morning, wonderful people — and welcome to another news-heavy Monday. THE BIG CLIMATE STORY in our corner of the…
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