National Bank of Fujairah shares insights into sustainable finance and ESG strategies through its knowledge-sharing platform

National Bank of Fujairah shares insights into sustainable finance and ESG strategies through its knowledge-sharing platform

Dubai:- The National Bank of Fujairah (NBF) has hosted the latest in its long-running series of knowledge-sharing events. The two autumn events, which were attended by over 200 participants, showcased NBF’s pioneering sustainable and Islamic finance offerings, and ensured customers and delegates were kept abreast of developments in sustainability and the transition to net-zero. Countries in the Middle East are keen to be a part of the global response to climate change, with the UAE, Bahrain, Saudi Arabia, Oman and Kuwait all pledging to reach net-zero carbon emissions by the middle of the century. With the UAE hosting COP28 over the coming weeks, the region is positioning itself at the forefront of the net-zero transformation, firmly committed to boosting clean energy generation and supporting decarbonization efforts. Both events kicked off with an up-to-date global and regional economic outlook from Nikita Pavlov, EMEA Director at the London Stock Exchange Group. Pavlov gave a snapshot of key global indicators including headline interest rates, oil prices, consumer price indices and reserve currencies, before considering the challenges in the current market. He sees these as the slowing rate of global GDP growth, key rates in developed markets, low activity in M&A and capital markets, high