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UAE’s First Transition Finance Framework by Emirates NBD Opens New Funding Route for Carbon-Heavy Industries
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UAE’s first transition finance framework has arrived, and it changes how carbon-heavy companies in the country can access funding for their shift away from fossil-heavy operations. Emirates NBD built the framework specifically for corporate and institutional clients whose businesses cannot yet meet the strict criteria of green finance, but who are taking real, measurable steps to cut emissions.
Why this gap needed filling
Think of green finance as a club with a strict entry test. A solar farm gets in easily. A steel plant working to cut its carbon footprint does not, even if it is making genuine progress. That plant still needs capital to fund the changeover, and until now, the UAE market had no dedicated structure for financing it. UAE’s first transition finance framework fills that gap by defining what counts as credible transition activity, rather than requiring businesses to already be green.
The framework applies to high-emitting and hard-to-abate sectors: manufacturing, mining, power and energy, real estate, transport and storage, agriculture and information technology. These industries share a common problem. They are often complex, capital-intensive, or lack a commercially viable zero-carbon alternative right now. A cement producer cannot simply swap its kilns for clean equivalents overnight. Emirates NBD’s methodology gives lenders a consistent way to assess which projects in these sectors deserve transition funding, based on emissions reduction, energy efficiency gains, and adoption of cleaner technologies.
Built on international standards
Emirates NBD did not write this framework in isolation. It drew on the ICMA Climate Transition Finance Handbook, the ICMA Climate Transition Bond Guidelines 2025, and the Loan Market Association’s Guide to Transition Loan Finance 2025. That grounding matters for credibility. A framework built only on internal judgment invites skepticism from investors who want proof that “transition” labels mean something real, not a marketing gloss on business as usual.
To back that credibility, the bank commissioned DNV Assurance to deliver a second-party opinion on the framework. An outside assessor reviewing the methodology gives clients and investors a check beyond the bank’s own claims. Vijay Bains, Chief Sustainability Officer and Group Head of ESG at Emirates NBD, said the framework builds on the bank’s existing sustainable finance and sustainability-linked financing tools, and will help support the transition of the real economy across the UAE and the wider region.
Part of a larger target
UAE’s first transition finance framework does not stand alone. It sits inside Emirates NBD’s broader push to mobilize $30 billion in sustainable and transition finance by 2030. The bank said the new structure will help channel capital toward decarbonization, industrial transformation and long-term resilience projects, giving it another instrument alongside existing green and sustainability-linked products.
The initiative also connects to a bigger regional goal. Emirates NBD is supporting the UAE Banking Federation’s ambition to mobilize AED 1 trillion in sustainable finance by 2030. That figure covers the entire national banking sector, and frameworks like this one are the mechanism through which individual banks contribute their share.
What clients get from it
For a company in one of the covered sectors, the practical benefit is clarity. Before this framework, a business pursuing decarbonization had few consistent signals on which projects would qualify for transition financing versus standard corporate lending. Now, clients get defined criteria covering emissions reduction, energy efficiency upgrades, cleaner technology adoption and shifts toward lower-carbon business models. Investors benefit too, since a shared methodology makes it easier to compare transition claims across borrowers rather than evaluating each one from scratch.
The framework does not promise instant transformation of the region’s heaviest emitters. What it offers is a structured entry point, one that treats credible progress as fundable even when a business has not yet reached green status. For sectors that make up a large share of the UAE’s industrial base, that distinction could shape how quickly decarbonization investment actually moves.
- By Leila Al-Khatib
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- Myriam Fares
Myriam Fares first concert in the Netherlands arrives at Amsterdam hall
Myriam Fares’ first concert in the Netherlands is scheduled for Friday, October 2, 2026, at Het Concertgebouw in Amsterdam. The Lebanese singer will share the stage with her full live band. SOUK Amsterdam Arabic Festival presents the show, and an afterparty follows the performance. This date is her Dutch debut after more than two decades on stage.
Who is Myriam Fares
Fares is known across the Arab world as The Queen of Stage. Her career began in 2003 and has spanned more than twenty years. Live shows blend Arabic musical traditions and instruments with modern pop, choreography and dance. She works as a singer, performer and songwriter, drawing on influences from several parts of the Arab world. Beyond music, she has also worked as an actress, producer and entrepreneur.
The venue sits at the center of the plan. Het Concertgebouw Amsterdam ranks among the city’s best-known concert halls, and it has hosted the SOUK festival in past years. This edition places Fares in the Main Hall with her own band. The concert brings the performer to Dutch audiences for the first time. Arabic pop, dance and live music fill the evening inside the historic building. Myriam Fares’ first concert in the Netherlands caps a run of high-profile appearances abroad.
Recent releases and tour dates
Fares performed during the Qatar Formula 1 Grand Prix. She reached a wider global audience with Tukoh Taka, the official FIFA Fan Festival anthem for the 2022 World Cup, recorded with Nicki Minaj and Maluma. Her track Goumi became a global dance hit, with millions of people joining its challenge on TikTok. A Netflix documentary, Myriam Fares: The Journey, gave viewers a closer look at her personal life and creative work. Recent Myriam Fares tour dates and stage shows have carried her across the region and further afield. In 2025, she released La Habibi. Her latest single, Ma Btaarefne, arrived in June 2026 through her own label, Myriam Music.
How to attend the concert in the Netherlands
Planning for the first concert in the Netherlands starts with the ticket date. Myriam Fares concert tickets go on sale on Friday, August 7, 2026. SOUK Amsterdam Arabic Festival organizes the event, so ticket details run through the festival and the venue. The Main Hall seating and the planned afterparty give attendees a full evening rather than a short set. For fans across Europe, Myriam Fares’ first concert in the Netherlands offers a rare chance to see the performer live in the region. The date falls on a Friday, which suits travel plans for visitors from nearby countries.
- Movies
Marvel’s star Sebastian Stan welcomes first child with Annabelle Wallis, reports say
Sebastian Stan welcomes first child with partner Annabelle Wallis, several entertainment outlets reported this week. TMZ, People, and Us Weekly said the couple became parents in July. Neither Stan nor Wallis has confirmed the birth in public. The reports rely on sources described as having direct knowledge of the couple.
Stan is 43. Wallis is 41. The two have kept their private life quiet for years, and the baby news arrived the same way, through unnamed sources rather than a formal statement. Reporters have not learned the baby’s name, sex or exact birth date.
Reports say Sebastian Stan welcomes first child
Word that Sebastian Stan welcomes first child spread across entertainment sites within hours. Each outlet placed the birth last month. The reporting leaned on people described as close to the pair, not on any statement from the couple. That silence fits a pattern. Stan told Vanity Fair in 2025 that real privacy is hard to hold onto now, and he and Wallis have guarded theirs closely.
The pregnancy itself became public earlier this year. Stan confirmed it in a May 2026 interview with Deadline, and Annabelle Wallis, pregnant at the time, showed her baby bump on the red carpet at the Cannes Film Festival soon after. Before that, photographers had caught the couple on a walk in New York, where the bump was visible.
Sebastian Stan and Annabelle Wallis, a quiet couple
The pair were first linked in May 2022. They appeared together at Robert Pattinson’s birthday party in New York, and a since-deleted photo seemed to show them kissing. Wallis had ended a four-year relationship with actor Chris Pine not long before. For years, fans typed “Sebastian Stan girlfriend” into search bars, since the couple rarely appeared in public together.
They broke that habit once. At the 2025 Golden Globes, they made their red carpet debut as a couple. Stan won Best Performance by a Male Actor in a Motion Picture, Musical or Comedy, for A Different Man. He closed his acceptance speech by pointing toward Wallis and saying, “Annabelle, I love you.” The two shared a kiss after the win.
Careers on either side of the birth
Stan built his name in Marvel films. Known to fans as the Winter Soldier, the Sebastian Stan Marvel run includes Avengers: Endgame and Thunderbolts, with Avengers: Doomsday still ahead. He also earned an Oscar nomination for playing Donald Trump in The Apprentice.
Wallis has her own slate. The Peaky Blinders actress Annabelle Wallis has appeared in The Mummy, The Tudors and the horror film Annabelle. She stars next in the action film Mutiny alongside Jason Statham, and she is set to appear in Netflix’s Unabomb.
Stan on becoming a father
Long before the phrase “Sebastian Stan welcomes first child” ran as a headline, the actor spoke about the role ahead. In a May interview with Deadline, he was plain about it. He said, “I want to be a good dad. I’m feeling the responsibility of being a good father. And not to mention a good man.” Age, he added, had shifted how he saw those roles. “I’m 43, and I feel, in a lot of ways, I’m just starting to learn now. It’s just crazy to me.”
He tied that view to his stepfather, whom he credited with a “quiet integrity” and “quiet strength.” Stan described a model of steady presence: “You’ve got to provide and protect.” With the birth now reported, the news that Sebastian Stan welcomes first child closes a chapter the couple had kept mostly to themselves.
- Travel
Top 10 Countries for a High Quality of Life and Longevity
What truly makes a nation one of the best in the world? Is it breathtaking natural beauty, exceptional quality of life, or unrivaled personal safety?
From the stunning fjords of New Zealand to the tech-forward streets of Japan, these nine destinations set the global gold standard. Each offers a unique blend of vibrant culture, world-class infrastructure, and inspiring landscapes that draw travelers and dreamers alike.
Which of these incredible nations is at the very top of your personal travel bucket list? Let us know below!
🇳🇿 New Zealand – #10
New Zealand captivates with its surreal landscapes, where dramatic fjords, towering snow-capped peaks, and lush rainforests sit just moments apart. Famous for its high quality of life, commitment to environmental conservation, and outdoor lifestyle, it remains a dream destination for adventurers and peace-seekers alike. The country’s rich Māori heritage adds deep cultural meaning to its natural wonders.
Whether you are exploring the serene waters of Milford Sound, trekking through untouched wilderness, or enjoying the warmth of its friendly communities, New Zealand continually sets the benchmark for living in harmony with nature and prioritizing well-being above all else.
🇦🇺 Australia – #09
Australia effortlessly combines vibrant, world-class cities with vast, ancient wilderness. Home to iconic architecture like the Sydney Opera House, golden surf beaches, and the Great Barrier Reef, life here revolves around sunshine, coastal living, and outdoor exploration. Beyond the bustling harbors and laid-back urban centers, the vast Outback offers deep connection to Indigenous history and unique biodiversity found nowhere else on Earth.
With its strong economy, thriving culture, and breezy balance of modern efficiency and relaxed lifestyle, Australia consistently ranks as one of the most desirable, dynamic, and breathtaking nations to live in or visit.
🇳🇱 Netherlands – #08
The Netherlands is a global model of progressive design, exceptional infrastructure, and an enviable work-life balance. Famous for its historic canal networks, endless tulip fields, and world-renowned cycling culture, living here centers around sustainability and effortless connectivity. From the iconic, gable-roofed architecture of Amsterdam to the modern innovation hub of Rotterdam, the country seamlessly pairs rich heritage with forward-thinking urban living.
Celebrated for its open, inclusive society, world-class healthcare, and top-ranked quality of life, the Dutch lifestyle offers a vibrant blend of cultural sophistication, eco-friendly travel, and timeless European charm.
🇨🇦 Canada – #07
Canada stands as a global beacon of natural grandeur, safety, and inclusive community values. Spanning six time zones, its territory encompasses majestic Rocky Mountain ranges, pristine glacial lakes, and sweeping boreal forests alongside cosmopolitan cities like Vancouver and Toronto. Known for its welcoming multicultural ethos, world-class healthcare, and exceptional standard of living, Canada offers dynamic seasonal beauty year-round. From quiet moments beside crystal-clear turquoise waters to the cozy charm of alpine villages, the Canadian way of life is centered around respect for nature, personal freedom, and creating warm, thriving communities despite the cold winter air.
🇫🇮 Finland – #06
Consistently crowned the world’s happiest nation, Finland showcases how simplicity, nature, and modern innovation create an extraordinary quality of life. Famous for its vast pine forests, thousands of serene lakes, and magical Nordic winters lit by the Northern Lights, Finnish living prioritizes balance, wellness, and trust. Exceptional public education, high social equality, and a deep-rooted tradition of sauna culture define daily life. Whether cozying up in a glass igloo under dancing auroras or exploring vibrant, design-forward Scandinavian cities like Helsinki, Finland offers a tranquil, forward-thinking sanctuary that inspires the rest of the world.
🇩🇰 Denmark – #05
Denmark seamlessly blends historic charm with groundbreaking modern design, defining the art of cozy, high-quality living known around the world as hygge. From the grand, fairytale-like architecture of Frederiksborg Castle to the bike-friendly streets of Copenhagen, the nation emphasizes sustainability, social well-being, and architectural elegance.
Denmark routinely ranks near the top for global happiness, work-life balance, and civic trust. Its manicured royal gardens, picturesque canals, and innovative culinary scene reflect a society built on community, comfort, and functional beauty. It stands as a shining example of how tradition and modern progress thrive together.
🇳🇴 Norway – #04
Norway is a land of raw, majestic beauty where deep coastal fjords meet soaring mountain peaks and vibrant Arctic heritage. Known for its picturesque coastal fishing villages with bright red wooden cabins like those in Reine, Norway offers an unmatched connection to the outdoors. Powered by sustainability, exceptional social welfare, and a high standard of living, Norwegian culture embraces the spirit of friluftsliv—living outdoors in all seasons. From watching winter snow fall over icy waters to witnessing the summer midnight sun, Norway delivers a tranquil, highly prosperous, and visually unforgettable living experience.
🇸🇪 Sweden – #03
Sweden represents a masterclass in modern Nordic living, perfectly balancing historic architecture, cutting-edge innovation, and sweeping natural beauty. From the historic cobblestone streets of Visby filled with summer roses to the grand water views and lush green parks of Stockholm, Sweden embodies the concept of lagom—just the right amount. Highly regarded for its social equality, environmental leadership, and rich design culture, life here is orderly yet deeply creative. Sweeping forests, archipelagos, and thriving urban centers make Sweden an inspiring, progressive nation where quality of life and stunning aesthetics go hand in hand.
🇨🇭 Switzerland – #02
Switzerland is synonymous with precision, prosperity, and alpine perfection. Nestled in the heart of Europe, its iconic snow-dusted peaks, pristine mountain lakes, and historic cities offer a picture-perfect setting that feels straight out of a storybook. World-renowned for its financial stability, exceptional infrastructure, safety, and neutrality, Switzerland delivers an unmatched quality of life. Whether enjoying world-class winter sports, tasting fine chocolates, or riding scenic mountain railways through dramatic valleys, the Swiss lifestyle blends timeless tradition with flawless modern efficiency, making it one of the most admired and prosperous nations on Earth.
🇯🇵 Japan – #01
Japan is an extraordinary country where thousands of years of deep tradition harmoniously coexist with ultra-modern innovation. From serene bamboo groves, ancient shrines, and snow-capped Mount Fuji to the neon-lit streets and high-speed rail systems of Tokyo, Japan offers a uniquely captivating cultural tapestry. Renowned globally for its safety, exquisite cuisine, incredible cleanliness, and unmatched hospitality (omotenashi), life here is crafted with meticulous attention to detail. Japan continually fascinates the world by preserving its rich historical arts and tranquil gardens while remaining at the absolute forefront of global technology, architecture, and futuristic design.
Thank you for exploring the world’s most incredible destinations with us! Whether you are seeking travel inspiration, lifestyle trends, or top-tier digital media, we are dedicated to curating moments that elevate your everyday feed.
- Formula 1
Abu Dhabi Grand Prix tickets sell out as F1 confirms finale is on schedule
Abu Dhabi Grand Prix tickets are already gone, and Formula 1 says the season finale will run on schedule despite unrest across the Middle East. Stefano Domenicali, the sport’s President and CEO, told reporters the race stays on the calendar. A final decision, he added, comes by the middle of September.
What Domenicali confirmed
He said: “For us today, the races in Qatar and Abu Dhabi are confirmed. By the way, they are already sold out. That is an incredible sign of how much the sport is bigger than the problem that our world is living.”
Speaking after the Hungarian Grand Prix, with the season now in its one-month break, Domenicali said Formula 1 stays in contact with other championships about the end of the year. The plan is simple. Take the maximum time, watch how the situation develops, then decide at the right moment. That call will not come before mid-September.
For now, the races in Qatar and Abu Dhabi are confirmed. Abu Dhabi is set for 3-6 December, with the main race on Sunday, 6th of December 2026. Both have sold out. Domenicali called that a sign of how the sport has grown bigger than the trouble the world faces right now. Demand tells its own story. Fans searching for Abu Dhabi Grand Prix ticket prices found nothing left to buy.
The Abu Dhabi Grand Prix tickets question
Yas Marina Circuit has closed the F1 season almost every year since 2009. The track runs a twilight race that starts in daylight and finishes under floodlights. That finale slot is exactly what the September decision puts in question.
If tensions do not ease the way Formula 1 expects before mid-September, the plan changes. Domenicali was clear on the backup. The end of the season would move to Europe instead. Such a shift would reshape the closing weeks of the F1 calendar and pull the traditional finale away from Yas Marina Circuit.
Worth knowing if you hold a seat for the Formula 1 Abu Dhabi Grand Prix: a sold-out race gives the event weight, but the September check still decides where the year ends. So the Abu Dhabi Grand Prix tickets you already hold come with a date the sport has yet to lock fully.
Bahrain race finds a new home
One race has already moved. The Bahrain Grand Prix, cancelled after unrest in the region, will now run at the Sepang International Circuit in Malaysia from October 2 to 4. It slots between the Azerbaijan and Singapore rounds.
Bahrain’s race was meant to be the fourth stop of the year, set for April 10 to 12 at the Bahrain International Circuit in Sakhir. That plan fell through, and Formula 1 also dropped the Saudi Arabian Grand Prix in Jeddah the week after.
Domenicali thanked the Kingdom of Bahrain and Malaysia for making the switch work. He framed it as cooperation and as thinking wider than others might. Malaysia brings back a track that carried the championship in years past.
What it means for the F1 season finale
For fans, the picture is clear enough. The F1 season finale in Abu Dhabi is confirmed and sold out, and so is Qatar. Yet the mid-September call could still send the year’s final rounds to Europe. Anyone holding Abu Dhabi Grand Prix tickets should watch that date. Your seat stays valid for the day printed on it, but that day is not yet fully fixed. Formula 1 says it will decide when the time is right, and not a moment sooner.
Turkiye Exports to Islamic Countries Reach $41.5 Billion in 2026
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