Latest news with #BalKrishen


Zawya
12-04-2025
- Business
- Zawya
Century Financial backs Abu Dhabi Sustainable Finance Declaration
Dubai, UAE – Century Financial, a leading investment and wealth management firm in the UAE, has signed the Abu Dhabi Sustainable Finance Declaration, reaffirming its dedication to fostering a greener financial services sector and supporting the UAE's vision for a sustainable economy. The green finance sector is experiencing unprecedented growth, powered by regional and global momentum. In the UAE, ESG-related investments exceeded AED 22 billion in 2023 alone, reflecting an impressive 35% annual increase. The global trajectory mirrors this regional surge, with ESG assets under management projected to exceed USD 53 trillion by 2025, constituting more than a third of total global managed assets. This rapid expansion highlights the shifting investor preferences and increasing regulatory emphasis on sustainability. By joining the declaration, Century Financial strengthens its commitment to integrating environmental, social, and governance (ESG) principles into its investment strategies and contributing to the UAE's transition towards a sustainable financial ecosystem. Century Financial will collaborate with other signatories to drive green investment initiatives and promote responsible financial practices that align with global sustainability standards. Bal Krishen, Chairman and Sameera Fernandes, Advisory Board Member, Century Financial, commented, 'Our commitment to sustainable finance comes at a pivotal moment when the UAE is rapidly establishing itself as a regional hub for climate-conscious investment. We are honored to be part of this transformative movement towards sustainable finance. As an advocate for responsible investing, we recognize the importance of aligning financial services with sustainability goals. This initiative marks a significant step forward in reinforcing ESG-driven strategies that contribute to a greener and more resilient economy.' We expect the following trends to shape the UAE's green finance market in the next 3–5 years: Mainstreaming of Green Sukuks: With the UAE issuing its first federal green bond worth USD 1.5 billion in 2023, we anticipate a surge in Shariah-compliant sustainable instruments. Rise of Climate Tech Investments: Fintech platforms, carbon credit exchanges, and climate analytics tools will attract venture capital. Integration of ESG in Real Estate Portfolios: With construction contributing to over 40% of carbon emissions in the UAE, sustainable real estate investments will see increased inflows. Mandatory ESG Reporting: Regulatory mandates from ADGM, DIFC, and SCA will further institutionalize ESG disclosures and push adoption across listed and private firms. The Abu Dhabi Sustainable Finance Declaration, launched in 2019, is a voluntary initiative that aims to promote sustainable finance practices in line with the UAE's Green Economy for Sustainable Development initiative. It is supported by key government entities, including the Ministry of Climate Change and Environment, the Central Bank of the UAE, and the Securities and Commodities Authority. 'The UAE is at the forefront of driving sustainable development, and we are proud to contribute to this vision by embedding ESG principles into our financial services. We look forward to collaborating with industry leaders and policymakers to drive impactful change and foster a sustainable investment landscape in the region', they further added. Century Financial joins a distinguished group of signatories, including the Central Bank of the UAE, Abu Dhabi Securities Exchange, Deloitte, and leading global banks such as First Abu Dhabi Bank, BNP Paribas, Citibank, HSBC, ING Bank, Macquarie, and UniCredit. As a trusted financial advisory firm with over three decades of expertise, Century Financial remains committed to shaping a future where financial growth and sustainability go hand in hand. Through strategic collaborations and innovative investment solutions, the firm continues to champion responsible finance and contribute to the UAE's green economy ambitions. About Century Financial Century Financial is a leading investment services company based in the United Arab Emirates. With a legacy spanning over 35 years, Century Financial has been at the forefront of providing excellent client services and a wide range of trading instruments across various asset classes. The company's commitment to client education and its dedication to delivering a superior trading experience have earned it a trusted reputation among UAE investors. For more information, please visit For editorial enquiries, please contact Matrix PR - Krishika Mahesh: krishika@


Mid East Info
31-01-2025
- Business
- Mid East Info
Century Financial Celebrates 35 Years of Excellence with Employee-Centric Awards Night - Middle East Business News and Information
Dubai, UAE: In a rapidly evolving workplace, the shift in employee expectations underscores the critical need for companies to foster a culture where employees feel valued, supported, and motivated to contribute to the organization's growth. As per a recent report by Parisima Talent a strategic talent acquisition business within Dulsco Group, companies are prioritizing financial incentives, professional development and comprehensive wellness programs, as well as flexible work arrangements. These trends reflect the growing demand for holistic workplace environments that not only recognize individual contributions but also enable personal and professional growth. In the past 35 years, Century Financial has established itself as a beacon of excellence in the highly competitive global financial investments industry. The company has expanded its services and embraced technological advancements through its strategic initiatives, ensuring it remains at the forefront of the financial investment sector. The company's one crucial difference is establishing a culture that prioritises its people. It builds long-lasting relationships and empowers individuals by fostering a growth-oriented, inclusive, and well-being-focused work environment. The evening paid tribute to the 'Centurions,' the passionate and dedicated individuals who form the heart of the company. With a culture rooted in trust, innovation, and collaboration, Century has not only grown to over 250 strong staff strength but has also been consistently recognized as a Great Place to Work Certified company for the past four years and ranked as the #1 Best Workplace in the UAE in event highlighted the collective commitment that powers Century's success, honouring its people as the true architects of its achievements and reinforcing the shared vision that continues to shape its extraordinary story. Mr. Bal Krishen, Chairman of Century Financial , expressed his gratitude and pride, stating, 'For over 35 years, Century Financial has been deeply rooted in a culture that places its people at the heart of everything we do. From the very beginning, we have strived to build an organization that celebrates and values its employees as an integral part of the Century family.' He further added, 'Our commitment to investing in our people, processes, and environment has fostered a respectful workplace where every individual's potential is recognized, nurtured, and empowered to thrive.' Yogesh Khairajani, Global Market Strategist with Century Financial with over 10 years shares, 'Being part of Century Financial has been an incredibly rewarding experience. It's not just about the work we do—it's about the environment we thrive in. The recognition we receive here is a true reflection of how much the company values its people, and it motivates all of us to give our best every single day.' This unforgettable evening reaffirmed Century Financials' phenomenal growth and commitment to its people, celebrating their pivotal role in the company's success and paving the way for an even brighter future. About Century Financial: Century Financial is a leading investment services company based in the United Arab Emirates. With a legacy spanning over 35 years, Century Financial has been at the forefront of providing excellent client services and a wide range of trading instruments across various asset classes. The company's commitment to client education and its dedication to delivering a superior trading experience has earned it a trusted reputation among UAE investors.