06-03-2025
Rasmala Marks 25 Years with Sustainability Commitment, Planting 500 Mangroves in UAE for World Wildlife Day
Supporting the UAE's 100 million mangroves pledge, Rasmala pledges to plant 25 Mangrove trees for every successful deal in 2025
3 March 2025, Dubai, UAE – On the occasion of World Wildlife Day and in celebration of its 25-year anniversary, Rasmala reaffirms its commitment to sustainability and environmental conservation in the UAE. Through a partnership with Goumbook's Trees Matter campaign in line with the UAE's Ministry of Climate Change and Environment National Carbon Sequestration Program, Rasmala is planting 500 mangrove trees, honouring its 25-year journey while actively supporting the UAE's national pledge to plant 100 million mangroves by 2030.
Mangroves: A Natural Solution to Climate Change
Mangrove forests are among the most vital ecosystems on the planet, playing a key role in climate resilience and environmental conservation: Carbon Storage: Mangroves absorb 3-4 times more carbon than tropical rainforests, making them a key tool for climate mitigation.
Marine Biodiversity: They are home to 80% of fish populations, sustaining local fisheries.
Coastal Protection: Mangroves are natural shields against storms, rising sea levels, and erosion.
Water Filtration: Mangroves naturally filter pollutants, improving marine ecosystems.
A Legacy That Grows
'This initiative reflects our commitment to sustainability in the UAE, both in its financial ecosystem and natural environment. Each tree, which we are planting on behalf of our employees, clients, and partners, symbolises the lasting impact we aim to create in the communities we serve,' said Zak Hydari, Group CEO, Rasmala Holdings.
By aligning this initiative with World Wildlife Day, Rasmala aims to raise awareness of the critical role that mangroves play in global conservation efforts. Rasmala's actions on World Wildlife Day reflect not just a one-day initiative but a long-term commitment to environmental sustainability, contributing to global conservation efforts aligned with the UAE's ambitious sustainability goals.
'At Goumbook, we believe every tree planted is a step toward a more resilient and biodiverse future. Rasmala's commitment to mangrove restoration is a testament to the power of corporate responsibility in tackling climate change and protecting our natural ecosystems. Through our Trees Matter campaign, we proudly support this impactful pledge, ensuring these mangroves thrive and contribute to the UAE's vision of planting 100 million mangroves by 2030. By incorporating tree planting into their business milestones, Rasmala demonstrates how sustainability can be seamlessly integrated into corporate growth and impact,' said Tatiana Antonelli Abella, Founder and Managing Director of Goumbook.
To further its commitment, the bank will plant 25 mangrove trees for every successful deal closed in 2025—embedding environmental responsibility into its investment strategy and reinforcing a sustainable approach to growth.
About Rasmala: Rasmala is an independent provider and manager of alternative investment products, serving Gulf-based investors, including pension funds, family offices, corporates, endowments, and financial institutions.
Rasmala Investment Bank Limited is a wholly owned subsidiary of Rasmala Investment Holdings Limited, based in the Dubai International Financial Centre. It is regulated by the Dubai Financial Services Authority.
About Goumbook:
Goumbook is a social enterprise dedicated to accelerating Sustainability and Climate Action in the UAE and beyond since 2009.
Goumbook shapes the global sustainability landscape by offering local solutions to corporates, youth, civil society, and the public sector. We raise awareness, run initiatives, advise and consult to change mindsets and create impact on the current and future living experience of the people in our region.
