Asian Infrastructure Investment Bank

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on: 
Wednesday, March 6, 2024

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points: 
  • Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
  • Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
  • added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
  • ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on: 
Wednesday, March 6, 2024

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points: 
  • Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
  • Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
  • added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
  • ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

Green Finance and Governance: From Commitments to Actions -- the Global Forum between SMU and RUC successfully concluded

Retrieved on: 
Thursday, November 23, 2023

The Forum brought together experts, industry leaders and academics from Singapore, China and around the world to discuss the theme of "Green Finance and Governance: From Commitments to Actions".

Key Points: 
  • The Forum brought together experts, industry leaders and academics from Singapore, China and around the world to discuss the theme of "Green Finance and Governance: From Commitments to Actions".
  • Prof. Ye also highlighted the important achievements of China-Singapore cooperation in the field of green finance and called for more wisdom and strength for the cause of green finance.
  • The successful conclusion of this Global Forum marks a new milestone in the interdisciplinary exchange and collaboration between SMU and RUC in the field of green finance and governance.
  • It also provides a strong impetus for the sustainable development of green finance and lays a solid foundation for the future development of green finance.

2023 Dishui Lake Emerging Finance Conference Begins: Lin-Gang Equity Cluster Launched

Retrieved on: 
Monday, December 11, 2023

SHANGHAI, Dec. 11, 2023 /PRNewswire/ -- On December 8, 2023, the Dishui Lake Emerging Finance Conference commenced at Lingang Center in Shanghai. Chen Jinshan, a member of the Standing Committee of the Municipal Committee of the CPC, Secretary of the Party Working Committee and Director of the Management Committee of Lin-Gang Special Area, attended the event.

Key Points: 
  • SHANGHAI, Dec. 11, 2023 /PRNewswire/ -- On December 8, 2023, the Dishui Lake Emerging Finance Conference commenced at Lingang Center in Shanghai.
  • The Lin-Gang Special Area has lent additional significance to the Dishui Lake Emerging Finance Conference by serving as the host.
  • At the inauguration, the Lin-Gang Special Area Equity Investment Cluster was officially launched.
  • A key objective is to position Dishui Lake Financial Bay as a catalyst for financial openness and innovation.

2023 Dishui Lake Emerging Finance Conference Begins: Lin-Gang Equity Cluster Launched

Retrieved on: 
Monday, December 11, 2023

SHANGHAI, Dec. 11, 2023 /PRNewswire/ -- On December 8, 2023, the Dishui Lake Emerging Finance Conference commenced at Lingang Center in Shanghai. Chen Jinshan, a member of the Standing Committee of the Municipal Committee of the CPC, Secretary of the Party Working Committee and Director of the Management Committee of Lin-Gang Special Area, attended the event.

Key Points: 
  • SHANGHAI, Dec. 11, 2023 /PRNewswire/ -- On December 8, 2023, the Dishui Lake Emerging Finance Conference commenced at Lingang Center in Shanghai.
  • The Lin-Gang Special Area has lent additional significance to the Dishui Lake Emerging Finance Conference by serving as the host.
  • At the inauguration, the Lin-Gang Special Area Equity Investment Cluster was officially launched.
  • A key objective is to position Dishui Lake Financial Bay as a catalyst for financial openness and innovation.

AIIB Launches Report on Transformative Concept of Defining Nature as Infrastructure

Retrieved on: 
Saturday, December 2, 2023

DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) today launched its 2023 Asian Infrastructure Finance report , titled Nature as Infrastructure, with a panel discussion at its COP28 pavilion.

Key Points: 
  • DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) today launched its 2023 Asian Infrastructure Finance report , titled Nature as Infrastructure, with a panel discussion at its COP28 pavilion.
  • Viewing Nature as Infrastructure offers a transformative approach for recognizing the value of nature and enhancing investment in the protection of nature and biodiversity.
  • It includes nature-based solutions, direct investments into nature assets to sustain critical infrastructure-like services and directing more finance toward nature.
  • Potential solutions toward a nature-positive future were discussed during the panel and is explored further in AIIB's 2023 Asian Infrastructure Finance Report: "Nature as Infrastructure."

His Highness Sheikh Mohamed Bin Zayed Al Nahyan and His Majesty King Charles III Open Inaugural Business & Philanthropy Climate Forum

Retrieved on: 
Friday, December 1, 2023

DUBAI, United Arab Emirates, Dec. 1, 2023 /PRNewswire/ -- For the first time at the United Nations Framework Convention on Climate Change's (UNFCCC) Conference of the Parties (COP), the COP28 Presidency of the United Arab Emirates has launched the inaugural COP28 Business and Philanthropy Climate Forum, convening more than 1,000 CEOs and philanthropists from over 80 countries. The Forum is being held alongside the World Climate Action Summit.

Key Points: 
  • The Forum launched on November 30 with a high-level reception, which was hosted by the COP28 Presidency and the Sustainable Markets Initiative, in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Majesty King Charles III.
  • With the objective of moving beyond commitments, the COP28 Business and Philanthropy Climate Forum will showcase global industry-by-industry delivery together with opportunities to accelerate, replicate, and scale, particularly in the Global South.
  • Private sector actors will join heads of state and government to focus on showcasing private sector progress and joint delivery.
  • To deliver, the COP28 Business and Philanthropy Climate Forum commits to:
    Supporting an annual Business and Philanthropy Climate Forum alongside the world leaders' summit at every UNFCCC COP until at least 2030.

His Highness Sheikh Mohamed Bin Zayed Al Nahyan and His Majesty King Charles III Open Inaugural Business & Philanthropy Climate Forum

Retrieved on: 
Friday, December 1, 2023

DUBAI, United Arab Emirates, Dec. 1, 2023 /PRNewswire/ -- For the first time at the United Nations Framework Convention on Climate Change's (UNFCCC) Conference of the Parties (COP), the COP28 Presidency of the United Arab Emirates has launched the inaugural COP28 Business and Philanthropy Climate Forum, convening more than 1,000 CEOs and philanthropists from over 80 countries. The Forum is being held alongside the World Climate Action Summit.

Key Points: 
  • The Forum launched on November 30 with a high-level reception, which was hosted by the COP28 Presidency and the Sustainable Markets Initiative, in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Majesty King Charles III.
  • With the objective of moving beyond commitments, the COP28 Business and Philanthropy Climate Forum will showcase global industry-by-industry delivery together with opportunities to accelerate, replicate, and scale, particularly in the Global South.
  • Private sector actors will join heads of state and government to focus on showcasing private sector progress and joint delivery.
  • To deliver, the COP28 Business and Philanthropy Climate Forum commits to:
    Supporting an annual Business and Philanthropy Climate Forum alongside the world leaders' summit at every UNFCCC COP until at least 2030.

Global Times: Experts laud BRI's contribution to regional cooperation, development as next 'golden decade' starts

Retrieved on: 
Monday, November 13, 2023

"Compared with other countries, the BRI accommodates the interests and concerns of all parties involved, and seeks a conjunction of interests and the 'biggest common denominator' for cooperation.

Key Points: 
  • "Compared with other countries, the BRI accommodates the interests and concerns of all parties involved, and seeks a conjunction of interests and the 'biggest common denominator' for cooperation.
  • InvestCorp CEO Hazem Ben-Gacem told the Global Times in an exclusive interview on Wednesday that the Gulf Cooperation Council has been one of the biggest beneficiaries of the BRI.
  • There are many opportunities for Chinese financial institutions and those from the Middle East to cooperate and finance some projects in the Middle East region, according to Ben-Gacem.
  • "In cooperation with the Asian Infrastructure Investment Bank, we recently invested in a water desalination plant in Abu Dhabi.

Julie Sloat and Louis Pinkham Named to Jacobs Board of Directors

Retrieved on: 
Friday, November 10, 2023

DALLAS, Nov. 10, 2023 /PRNewswire/ -- Jacobs (NYSE: J) announced today the election of Julie Sloat and Louis Pinkham to its Board of Directors, effective December 1, 2023. With considerable experience across business, technology, manufacturing and energy transition, they bring to the board a proven track record of scaling ground-breaking products and services, developing organizations, and building cross-industry strategic partnerships.

Key Points: 
  • DALLAS, Nov. 10, 2023 /PRNewswire/ -- Jacobs (NYSE: J) announced today the election of Julie Sloat and Louis Pinkham to its Board of Directors, effective December 1, 2023.
  • She was previously responsible for all aspects of electric service for AEP Ohio's 1.5 million customers and leading 1,500 employees plus contract employees.
  • In addition to her AEP career, Sloat was vice president of Corporate Finance and Investor Relations at Tween Brands, Inc. and held positions at Bank One and M&T Bank.
  • Jacobs CEO Bob Pragada said, "As we increase our focus on critical infrastructure, sustainability and data-driven solutions, we are excited to welcome Julie Sloat and Louis Pinkham to Jacobs' Board of Directors."