Strategic Collaboration to Drive Sustainable Finance and Innovation in the UAE
His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan, part of the Abu Dhabi Royal Family, has revealed a new strategic alliance with Diginex, a global leader in ESG-focused regulatory technology (RegTech). The collaboration includes a dual listing of Diginex’s ordinary shares on the Abu Dhabi Securities Exchange (ADX) and a planned capital injection of up to USD 250 million. This move aligns with the UAE’s Vision 2030 and Net Zero by 2050 strategy, reinforcing Abu Dhabi’s position as a hub for sustainable finance and technological innovation.
Strengthening Sustainable Finance and Economic Diversification
This strategic alliance will focus on collaborations with government agencies, financial regulators, and private-sector leaders to establish Abu Dhabi as a centre for sustainable finance. By fostering responsible investment and business practices, the partnership aims to empower UAE businesses and investors to align their portfolios with global sustainability goals.
The initiative is expected to contribute significantly to the UAE’s economic diversification efforts, enhancing the country’s ability to attract international investment. As the financial landscape shifts towards sustainability-driven policies, the UAE is positioning itself at the forefront of this transformation. With the GCC region projected to unlock up to USD 2 trillion in cumulative GDP by 2030 driven by industries such as renewable energy, sustainable water management, and energy-efficient infrastructure this initiative comes at a crucial time.
First Abu Dhabi Bank (FAB) has already facilitated AED 216 billion in sustainable financing, reaching 43% of its AED 500 billion target by 2030, reflecting a strong demand for ESG-aligned investments.
His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan commented, “This partnership and planned capital raise demonstrate our long-standing commitment to technology and sustainability in the UAE. Addressing sustainability challenges and crafting innovative solutions are essential for a prosperous future. Sustainability remains at the core of our nation’s economic and social development strategies.”
Capital Raise and Dual Listing on ADX
As part of the agreement, Diginex has signed a Memorandum of Understanding with Nomas Global Investments L.L.C. SPC to facilitate the capital raise, targeting large, long-term institutional investors. The funds will be allocated to acquiring companies in artificial intelligence (AI), sustainability, and supply chain sectors, driving Diginex’s global expansion and enhancing its presence in the UAE and the wider GCC region.
A successful capital raise will not only support Diginex’s growth but also contribute to the UAE’s objective of becoming a leader in green finance and digital transformation. The UAE’s regulatory framework continues to evolve to accommodate cutting-edge financial models that prioritise sustainability and technological advancement.
The dual listing on ADX will adhere to stringent regulatory standards, ensuring transparency and investor confidence. The listing process and capital-raising activities are expected to progress over the coming quarters, with further details to be announced. However, the completion of the dual listing remains subject to regulatory approvals.
Advancing ESG Innovation in the UAE
This partnership is set to elevate Abu Dhabi’s global standing in ESG finance and RegTech innovation. By combining Diginex’s expertise with the UAE’s strategic vision, the collaboration will pave the way for more robust sustainability frameworks, financial technology advancements, and new investment opportunities.
The UAE has been proactive in integrating ESG principles into its national economic agenda. With global investors increasingly prioritising sustainability, this partnership provides a platform to expand ESG-focused financial instruments, enhance corporate governance, and support businesses in adopting greener business practices.
As global markets increasingly prioritise sustainability, this initiative signals Abu Dhabi’s commitment to leading the next wave of ESG-driven economic transformation.