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Greenstone Investors in the News

UAE allocated $653 million for financial investments in 2022-2026 budget

October 13, 2021 The United Arab Emirates allocated 2.4 billion dirhams for financial investments in its 2022-2026 budget, the state news agency WAM reported on Wednesday. The United Arab Emirates' cabinet on Tuesday approved federal spending of 290 billion dirhams ($78.96 billion) up until 2026, the agency said on Twitter. Read the original article in Zawya: UAE allocates $653 million…

UAE to invest $163 billion in clean energy to achieve 2050 net-zero targets

October 7, 2021   The UAE will invest more than 600 billion dirhams ($163 billion) in clean and renewable energy over the next several years to achieve net-zero emissions by 2050, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, confirmed on Thursday   Read original article in Zawya: UAE to invest $163 billion in clean…

Increasing majority of UAE investors focus on ESG

September 27, 2021 Above the global average of 65%, over 74% of UAE investors want to leave a positive legacy through sustainable investing. Investments in more responsible assets from an environmental, social or governance (ESG) perspective continue to grow in popularity, as the pandemic continues to see a majority reassess their financial priorities. Read the original article in The National: Sustainable…

Dubai now one of the best cities in the world to work, live, invest in 2021

September 26, 2021 Resonance Consultancy study on The World Best Cities 2021 now ranks Dubai fifth on their global scale. First place went to London followed by Paris (second place), New York (third) and Moscow (fourth). Abu Dhabi landed 14th ahead of San Francisco (15th) and Amsterdam (16th). Read the original article on Zawya: Dubai is one of the best…

Kuwait to implement largest government restructuring in its history as of 2022

September 20, 2021 As part of the largest restructuring roadmap in its history, over the next four years Kuwait will merge and reshape ministries and create new long-term strategies. The nation’s new plan consists of reviewing laws in investment, foreign ownership, bankruptcy, public-private partnerships, as well as competition protection and transformation of the commercial registration and credit processes, among other…

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