12/20/2022
UAE delegation visits Scotland to discuss renewable energy, technology
The delegation visited the Scottish Enterprise, which highlighted its efforts to transform Scotland’s economy through innovation and investment
Planet SOS
12/20/2022
Seychelles inaugurates UAE-funded 5MW solar PV plant
Developed by Masdar and financed by Abu Dhabi Fund for Development, the new project aims to save approximately 2 million litres of fuel annually
12/06/2022
Dubai’s Majid Al Futtaim closes $1.25bln loan to back ESG ambitions
Sustainability-linked facility to help firm reduce carbon footprint, build more LEED-certified malls
12/06/2022
Global renewable power capacity growth set to double by 2027, IEA says
Energy crisis a 'historical turning point' towards cleaner energy, IEA's executive director Fatih Birol says
12/05/2022
GIB joins as signatory to the Abu Dhabi Sustainable Finance Declaration in its 5th round
During the R.A.C.E Sustainability Summit
12/01/2022
Egypt signs $1.1 billion renewable energy deal with AMEA Power
Cairo is aiming to source electricity from renewable energy platforms by as much as 42 percent by 2035.
11/22/2022
COP27 wrap-up: an historic deal was made, but what comes next?
Here’s a summary of what happened at COP27 in Egypt and what to look out for at COP15.
11/22/2022
Egypt to start building $11bn wind farm from 2024
A consortium that includes Abu Dhabi’s Masdar and Infinity Power Holdings will finish building the 10-gigawatt onshore plant by 2030
11/21/2022
Saudi Green Initiative agriculture projects ‘to start in 3 years,’ says state properties authority
State land body to implement sustainability plan
11/18/2022
UAE's Masdar signs renewable energy MoU with Jordan
The company looks to set up renewables capacity to generate 2GW
11/16/2022
EIB Global, AllianzGI plan to invest $100m in renewable energy projects
Fund will finance renewable energy projects in the Middle East, North Africa, Eastern Europe. and Central Asia
11/15/2022
PwC Middle East Net Zero Future50 launches to support climate tech innovators in the region
Nominations now open for startups to access PwC’s platform for growth that will support 50 Middle East companies to address the most pressing climate issues
11/15/2022
Dukhan Bank, GORD introduce Shari’ah compliant Green Finance program
Dukhan Bank is collaborating with GORD to promote sustainable building practices through the implementation of the Global Sustainability Assessment System (GSAS).
11/14/2022
Bechtel-led coalition to support Egypt's Decarbonization Strategy
The feasibility study will assess options for total routine flaring recovery through modifications to the existing flare and compression systems at the ELNG facility, reducing methane emissions from this strategic regional facility.
11/10/2022
UAE’s green bonds, sukuk market valued at $17bln
UAE is one of the most active countries in the region in the issuance of green bonds and sukuk
11/10/2022
World Bank chief urges ‘immediate actions’ by GCC to tackle water, energy security
Abousleiman noted that poor or non-existent brine abatement was impacting on coastal marine life and would eventually hit tourism.
11/10/2022
Storage concentrating solar power system ensure Dubai’s energy supply security at lowest cost
Dewa granted patent for system that identifies best locations for solar towers, heliostats
11/09/2022
Saudi Arabia's wealth fund pledges to reach net-zero by 2050
The PIF will become the first sovereign wealth fund in the Middle East and one of the first wealth funds globally to announce its intentions to reach net-zero by 2050
11/08/2022
Saudi Arabia commits $2.5bln to Middle East green initiative - Crown Prince
Saudi Arabia had said last year it aimed to contribute 15% of the $10.4bln required for the fund's clean energy projects
11/08/2022
Kuwait says to become carbon neutral in oil and gas by 2050
Al-Sabah said the plan by Kuwait, a major oil exporter and a member of OPEC, to reach carbon-neutrality is "a solid serious pledge that we will commit to"