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The Finance World Magazine| Edition: September 2023

The Middle East is currently experiencing a transformative era characterized by sustainability and governance, known as the Middle East's Green Renaissance. At the heart of this movement is the Environmental, Social, and Governance (ESG) framework, which is reshaping corporate success by placing a strong emphasis on transparency, accountability, and responsible global citizenship. ESG investing is reshaping financial markets, aligning financial gains with societal and environmental impacts. The Middle East has pledged significant net-zero commitments, underscoring its commitment to environmental stewardship. As the Middle East prepares to host COP28 in Dubai, it remains committed to sustainability. This edition explores the Middle East's ESG journey, from milestones to future horizons. This edition provides insightful perspectives across diverse sectors within the UAE. it provides insights on certain areas of focus, such as The Key to Mitigating Risks in Stock Market Portfolios, Cross-Border M&A: Challenges and Opportunities in Global Transactions, Risk Management Best Practices for Ensuring Business Continuity, Fintech Innovations Shaping the Future, and many more articles that offer critical analysis and insights on current trends and issues in the business and investment domains. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

The Middle East is currently experiencing a transformative era characterized by sustainability and governance, known as the Middle East's Green Renaissance. At the heart of this movement is the Environmental, Social, and Governance (ESG) framework, which is reshaping corporate success by placing a strong emphasis on transparency, accountability, and responsible global citizenship.

ESG investing is reshaping financial markets, aligning financial gains with societal and environmental impacts. The Middle East has pledged significant net-zero commitments, underscoring its commitment to environmental stewardship.

As the Middle East prepares to host COP28 in Dubai, it remains committed to sustainability. This edition explores the Middle East's ESG journey, from milestones to future horizons.

This edition provides insightful perspectives across diverse sectors within the UAE. it provides insights on certain areas of focus, such as The Key to Mitigating Risks in Stock Market Portfolios, Cross-Border M&A: Challenges and Opportunities in Global Transactions, Risk Management Best Practices for Ensuring Business Continuity, Fintech Innovations Shaping the Future, and many more articles that offer critical analysis and insights on current trends and issues in the business and investment domains.

Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Sport News<br />

UAE’s Fahad Al Hammadi Secures Fourth Gold at IMMAF Youth <strong>World</strong><br />

Championships<br />

Fahad Al Hammadi made the<br />

UAE proud by winning a fourth<br />

gold medal at the IMMAF Youth<br />

<strong>World</strong> Championships, held at<br />

the Mubadala Arena over four days.<br />

He triumphed over Italy’s Damiano<br />

Grillo in the 70.3kg division (16-17<br />

age group), contributing to the UAE’s<br />

impressive tally of four golds, four<br />

silvers, and four bronze medals. <strong>The</strong><br />

UAE national team’s success was lauded<br />

by Mohammed Al Hosani, a member of<br />

the MMA Committee, who praised the<br />

meticulous preparation and selection<br />

process. <strong>The</strong> championship drew a<br />

record 46 countries, and the UAE’s<br />

achievements signify the promising<br />

future of MMA in the region.<br />

Baseball United Reveals Dubai Wolves and Abu<br />

Dhabi Falcons Franchises<br />

Baseball United, the groundbreaking<br />

professional baseball<br />

league dedicated to the Middle<br />

East and Indian Subcontinent,<br />

recently unveiled the names and<br />

branding of its Dubai and Abu Dhabi<br />

franchises. <strong>The</strong> Dubai team will be<br />

known as the Dubai Wolves, symbolizing<br />

the transformation of the region<br />

from desert to a thriving urban center,<br />

with their logo featuring a wolf visage<br />

inspired by the Arabian Wolf. <strong>The</strong> Abu<br />

Dhabi franchise, called the Abu Dhabi<br />

Falcons, pays tribute to the UAE’s national<br />

bird, the peregrine falcon, and<br />

represents the capital’s rich history<br />

and blend of strength and beauty. <strong>The</strong><br />

league’s inaugural Dubai Showcase will<br />

take place in November, promising a<br />

historic moment for the UAE and the<br />

sport of baseball.<br />

Riyad Mahrez Signs<br />

with Al Ahli in Saudi<br />

Pro League<br />

Riyad Mahrez, the talented Algerian<br />

footballer, has made a<br />

notable move to the Saudi Pro<br />

League, joining Al Ahli after<br />

his successful stint with Manchester<br />

City. Mahrez played a pivotal role in<br />

Leicester City’s unexpected Premier<br />

League title win in 2016 and went on<br />

to claim four more league titles with<br />

Manchester City. Departing after a<br />

triumphant season with City, securing<br />

the Premier League, FA Cup, and Champions<br />

League, Mahrez expressed his<br />

gratitude for the wonderful memories<br />

created during his time in England. At<br />

Al Ahli, he will team up with Roberto<br />

Firmino and Edouard Mendy. <strong>The</strong><br />

club is also set to acquire highly-rated<br />

coach Matthias Jaissle from Austrian<br />

club Salzburg.<br />

76 www.thefinanceworld.com <strong>September</strong> <strong>2023</strong>

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