VIENNA, The price of OPEC basket of thirteen crudes stood at US$95.99 a barrel on Tuesday, compared with US$97.32 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the following: Saharan Blen…
Day: November 9, 2022
AD Ports Group, Iraq’s IDB sign agreement for port and logistics development
ABU DHABI, AD Ports Group, the leading facilitator of global trade, logistics, and industry, and International Development Bank (IDB) have signed a Memorandum of Understanding (WAM) to review opportunities for ports and logistics projects that could en…
FAB takes part in COP27 panel to explore future of NZBA in MENA
SHARM EL-SHEIKH, First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has today taken part in a panel discussion at COP27 hosted by the Net Zero Banking Alliance (NZBA).The panel, titled ‘…
ETAF Platform closes in on $1 billion to advance energy transitions in developing markets
SHARM EL-SHEIKH, Today, three new partners have officially joined the Energy Transition Accelerator Financing Platform (ETAF), IRENA’s global climate finance platform aimed at mobilising capital to scale up renewable project funding in developing count…
G42 to showcase digital financial solutions during Abu Dhabi Finance Week 2022
ABU DHABI, G42, the leading UAE-born artificial intelligence and cloud computing holding technology company, has announced its partnership with the upcoming Abu Dhabi Finance Week (ADFW) 2022 as its strategic artificial intelligence (AI) partner.Held i…
UAE’s green bonds, sukuk market valued at $17 billion
SHARM EL SHEIKH, As part of its participation in the 27th United Nations Climate Change Conference (COP27), held in the Egyptian resort of Sharm El Sheikh, the UAE Ministry of Climate Change and Environment (MoCCAE) co-hosted a fireside chat on the UAE…