News

Exchanges develop ESG metrics for GCC-listed firms

ESG, metricsAn association of Mena-based exchanges has published a set of ESG disclosure metrics for listed firms in the region. The GCC Exchanges Committee stated that the metrics comprise 29 standards aligned with the Sustainable Stock Exchanges Initiative developed by the World Federation of Exchanges. These standards cover GHG emissions, energy and water usage, employee turnover, gender diversity, data privacy, ethics and more. They are voluntary and do not replace the existing guidelines on ESG disclosure previously issued by the GCC exchanges but are seen as a necessary step to align the differences in reporting standards across the region. The committee is currently chaired by the Saudi Exchange and includes Abu Dhabi Securities Exchange, Bahrain Bourse, Boursa Kuwait, Qatar Stock Exchange, Muscat Stock Exchange, Saudi Exchange and Dubai Financial Market. ©2023 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

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Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.

Roundtables

Middle East Investor Roundtable 2020: Dimensions of diversification

Investors in the Middle East consider the tools that will be needed to navigate the Covid-19 crisis, the continued appetite for dividend and why it’s all about tech. Chaired by Romil Patel.

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With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.