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Thursday, 8 September 2022

Kuwait bourse gets ESG nod

KUDOS- The Kuwaiti stock exchange (Boursa Kuwait) received the most sustainable Practices in ESG award for 2022 by UK business publication Global Business Outlook, according to a statement.

A group of undergraduates from Kuwait University came first in the University of Toronto Rotman School of Management ESG Trading Initiative’s competition, according to a statement picked up by Zawya. The students secured first place by applying ESG metrics and decision making in a simulated environment, the statement tells us. Rotman’s 4-month long initiative, funded by HSBC, was launched to develop the sustainable finance skills of students from MENA.

The latest news on Pakistan relief efforts: The UAE’s Al Ansari Exchange is providing remittances without commission to charitable organizations supporting humanitarian relief efforts in the country, in addition to AED 1 mn in donations to support relief efforts, the company said (pdf).

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