**Abu Dhabi**: Nomas Global Investments partners with Diginex to enhance sustainable finance in the UAE, supported by a potential capital raise of USD 250 million. The initiative aligns with UAE’s Vision 2030 and aims to position Abu Dhabi as a hub for sustainable financial innovation.
A significant partnership has been established between Nomas Global Investments L.L.C. and Diginex, a firm listed on the NASDAQ, aiming to advance sustainable finance in the United Arab Emirates. The collaboration was announced by His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan, a member of the Abu Dhabi Royal Family, who expressed his positive outlook on the dual listing of Diginex’s ordinary shares on the Abu Dhabi Securities Exchange (ADX) and a planned capital infusion of up to USD 250 million.
This strategic move is positioned as part of the UAE’s Vision 2030 and its commitment to achieving net-zero emissions by 2050. It aims to establish Abu Dhabi as a pivotal hub for sustainable finance and regulatory technology (RegTech), marrying the emirate’s focus on economic diversification with Diginex’s expertise in innovative sustainable solutions.
The partnership is set to foster collaboration with various government entities, financial regulators, and leaders in the private sector, targeting the development of Abu Dhabi into a regional centre for sustainable financial innovation. With the GCC region viewed as capable of generating up to USD 2 trillion in cumulative GDP by 2030, investments in areas such as renewable energy, sustainable water management, and energy-efficient infrastructure are expected to drive this growth. Notably, the First Abu Dhabi Bank has already facilitated AED 216 billion in sustainable financing, which is 43% of its AED 500 billion objective for 2030.
In a statement, Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan remarked, “This strategic partnership and planned capital raise in the region reflect our long-standing commitment to both technology and sustainability in the UAE. We must address sustainability challenges, develop strategic frameworks, and craft innovative solutions to ensure a prosperous future for all.”
The capital raise is anticipated to seek large, long-term institutional investors and will support Diginex’s acquisition strategy in sectors related to AI, sustainability, and supply chain management. This capital will not only strengthen Diginex’s position in the region but also provide access to a new base of investors, thereby facilitating its global expansion.
The dual listing on the ADX will comply with rigorous standards ensuring transparency and investor protection. Although regulatory approvals are required, and success is not guaranteed, the listing and capital-raising processes are expected to progress in the forthcoming quarters, with more details to be released as developments unfold.
Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan’s leadership within the Abu Dhabi Royal Family highlights a broader commitment to innovation and sustainability in the UAE’s economic landscape. Meanwhile, Diginex, described as an impact technology company, leverages blockchain, AI, and data analytics to enhance transparency and support ESG (Environmental, Social, and Governance) initiatives globally.
Source: Noah Wire Services
- https://www.gurufocus.com/news/2745765/diginex-ltd-dgnx-partners-with-nomas-for-dual-listing-and-250m-capital-injection – Corroborates the partnership between Diginex and Nomas for dual listing on ADX and a capital injection of up to USD 250 million. This partnership aims to advance sustainable finance in the UAE, aligning with the UAE’s Vision 2030 and Net Zero by 2050 strategy.
- https://sloveniatimes.com/42851/diginex-signs-mou-for-strategic-partnership-adx-dual-listing-and-up-to-usd-250-million-capital-injection-with-his-highness-shaikh-mohammed-bin-sultan-bin-hamdan-al-nahyan-of-abu-dhabis-royal-family-for-acquisitions-and-regional-uae-and-gcc-expansion-via-nomas-global-investments-llc-s-p-c-a-solely-owned-spv-of-his-highness – Supports the announcement by Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan of the strategic partnership for dual listing and capital raise, highlighting its significance for Diginex’s GCC expansion.
- https://www.webdisclosure.com/press-release/diginex-signs-mou-for-strategic-partnership-adx-dual-listing-and-up-to-usd-250-million-capital-injection-Vrf8eEbI6Sb – Verifies the details of the MOUs signed for strategic partnership, dual listing on ADX, and the planned capital raise of up to USD 250 million, emphasizing Diginex’s growth in the GCC region.
- https://www.diginex.com/ – Provides information about Diginex as an impact technology company specializing in ESG issues, utilizing blockchain, AI, and data analytics for sustainability initiatives.
- https://adx.ae/en/ – Includes information about the Abu Dhabi Securities Exchange, which is part of the dual listing strategy for Diginex, enhancing its presence in the region.
- https://www.adb.ae/ – Mentions the Abu Dhabi Developmental Bank, but there isn’t direct information about First Abu Dhabi Bank’s sustainable financing initiatives. However, it highlights the broader context of financial institutions in Abu Dhabi supporting sustainable initiatives.
- https://www.newswire.com/news/his-highness-shaikh-mohammed-bin-sultan-bin-hamdan-al-nahyan-announces-22541515 – Original press release. View link for all data
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The narrative appears to be recent, discussing ongoing partnerships and future plans. However, no specific date is mentioned, which makes it difficult to pinpoint the exact freshness of the information.
Quotes check
Score:
9
Notes:
The quote from Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan could not be found in earlier online sources, suggesting it may be original. However, without additional context, it’s hard to confirm if it has been previously used or is entirely new.
Source reliability
Score:
6
Notes:
The narrative originates from a press release on Newswire.com, which can be considered a reliable platform for distributing press releases but lacks the credibility of major news outlets like Reuters or BBC.
Plausability check
Score:
8
Notes:
The claims about the partnership, dual listing, and capital raise are plausible, aligning with the UAE’s Vision 2030 goals and its focus on sustainable finance. However, specifics about regulatory approvals and success are not guaranteed, which may indicate ongoing rather than completed processes.
Overall assessment
Verdict (FAIL, OPEN, PASS): OPEN
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
While the narrative discusses recent and plausible developments, its plausibility and freshness are somewhat limited by the lack of specific dates and the source being a press release rather than a major news source. The quotes appear original but require verification from other sources.



