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.
Planet SOS
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
07/13/2023
Gulf International Bank Partners with COP 28 World Climate Summit
Abdulaziz Al-Helaissi, GIB Group CEO, said: “As one of the market leaders in the region in sustainable finance and ESG advisory, GIB is delighted to announce our partnership with the World Climate Summit.
07/13/2023
UAE climate council meets ahead of COP28
UAE readies for COP28 with climate council meeting
07/07/2023
NEOM green hydrogen project on track for 2026 completion
The NGHC plant will start producing green hydrogen from 100% renewable energy sources in 2026