The Bank of China (BOC) continues to play a key role in green finance. Through its global brand “BOC Green+”, the bank offers a range of environmentally friendly financial products. The brand is part of the Green Financial Plan, which is in line with China’s national strategy to achieve “carbon peaking and carbon neutrality.” BOC … Read more
Niall Byrne, chief financial officer of QIA (Qatar Investment Authority), the country’s wealth fund, spoke in Doha about his two-year tenure and his commitment to transforming QIA’s finance function to support growth. Founded in 2005 with a mission to create long-term value, QIA invests in nine sectors: retail and consumer; technology, media and telecommunications (TMT); … Read more
Abu Dhabi Development Holding Company (ADQ) has agreed to acquire a 96% stake in Audi Odeabank’s loss-making Turkish subsidiary as the United Arab Emirates deepens economic ties with Turkey. The deal, pending regulatory approval from the Banking Regulation and Supervision Authority and Turkey’s Competition Authority, demonstrates ADQ’s growing presence in banking markets. Lebanese Bank Audi … Read more