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Planet SOS

09/29/2023

Sheikh Khaled bin Mohamed reviews Adnoc's carbon management strategy

He directed the company to explore further international growth opportunities, while chairing its board of directors’ executive committee meeting

09/28/2023

UAE's AMEA Power to set up $86mln solar project in Tunisia

120-megawatt project reaches financial close

09/26/2023

Jordan picked as headquarters of Arab Center for Renewable Energy

They also value Jordan’s "accumulated" expertise in qualifying trained technical personnel and classifying companies and institutions operating in the sector.

09/21/2023

Standard Chartered issues first green guarantee for CEEC-SEPEC

The green guarantee provided by Standard Chartered is for a Solar project in Oman, where CEEC- SEPEC is the main EPC contractor.

09/20/2023

UAE banks lead sustainable financing, initiatives ahead of COP28

The banking sector is playing a crucial role in combating climate change by providing green financing and supporting climate initiatives

09/15/2023

Emirates NBD Group makes strategic equity investment in sustainability start-up Erguvan

Aligned with Group’s endeavor to contribute to and invest in socially responsible programmes and solutions

09/13/2023

PM launches online platform for climate, environmental investments in Egypt

The online platform serves as a gateway for business leaders, developers, financiers, investors, and supporting institutions

09/12/2023

Arab renewable energy projects attracted $120bln in FDI in 2022

They accounted for 60% of the total FDI

09/07/2023

Emirates Development Bank unveils bespoke solar energy financing program

New program features favorable financing terms: up to 8 years tenor loans and 100% loan-to-value ratio

09/06/2023

UAE announces $4.5bn initiative to support deployment of clean energy in Africa

The landmark initiative brings together Abu Dhabi Fund for Development , Etihad Credit Insurance, Masdar and AMEA Power among others

08/23/2023

UAE stands ready to host COP28 and highlight its role in enhancing global climate action and conservation: Mariam Almheiri

She underscored the UAE's pivotal role in advancing global climate initiatives, safeguarding our natural environment and Earth, and paving the way for a brighter future for subsequent generations

08/22/2023

6 UAE banks allocated nearly $52bln in green financing projects in 2022

Green financing commitments and green-oriented funds are popular mechanisms employed by the UAE banking sector

08/17/2023

Energy Capital announces first close of $150m fund

The fund aims to play a pivotal role in helping achieve the ambitious industrial development agenda of Saudi Arabia as it transforms its economy

08/16/2023

Mohamed bin Zayed: COP28 will lead global efforts to protect the planet and safeguard future generations

The meeting was attended by members of the National Higher Committee overseeing preparations to host COP28 UAE

08/15/2023

World’s first zero-carbon 5G network unveiled at Six Senses Southern Dunes

It will be powered by 100 per cent renewable energy from over 760,000 solar panels that Red Sea Global has built to power The Red Sea destination

08/08/2023

GREEN FUTURE: Bahrain has achieved considerable success in adapting to global volatile trends

Bahrain’s successful efforts to overcome the challenges resulting from the pandemic were acclaimed by the World Health Organisation

07/31/2023

Oman Cables Industry commits to sustainability; identifies 50 sustainable projects

OCI aims to contribute effectively to the ambitious target of Prysmian Group: to cut scope 1 and 2 emissions by 47% and scope 3 emissions by 28% by 2030, compared to the baseline of 2019.

07/24/2023

Saudi Arabia intends to continue to be a leader in producing, exporting clean hydrogen: Energy minister

Prince Abdulaziz made the remarks while chairing the meeting of the roundtable on Green and Low-Carbon Hydrogen held in India

07/21/2023

UAE highlights renewable energy’s key role in peacekeeping operations

Participants described the incorporation of renewable energy in UN peacekeeping operations as a “major opportunity”.

07/20/2023

How UAE's transport sector is driving towards Net Zero future

Country is focusing on promoting the adoption of electric vehicles, enhancing public transportation systems, and fostering sustainable urban planning

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Middle East tensions and rate uncertainty keep lid on housing market

09-03-2026

Saudi banking assets climb to $1.5tn as lending expands

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