Saudi Arabia, United States
Carbon credit brokers battle in US court to be gateway of choice for Gulf investors

Petro-monarchies have struck on carbon trading as a key tool to achieving their net zero goals. But the sector is not without its problems. Less than a year after it launched, the first Saudi-backed offset trading platform has been accused of stealing business secrets. [...]
Reading time 3 minutes Michael Sweeney
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Iraq, United States
Rebuilding Iraq's financial system, part 1: K2 Integrity's ability to block international dollar payments prompts interference complaints

Not yet confirmed by the Iraqi government, K2's contract with the Central Bank of Iraq includes powers to verify, and decline, dollar payment requests made through a centralised platform. The new process has seen Iraqi financiers lamenting a lack of transparency.

LogoSubscribers only Corporate Intel 08.11.2024

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