Saudi aims to become ‘next Germany’ of renewable energy
Saudi Arabia wants to emulate Germany’s success with renewable energy and be a pioneer in hydrogen production, as the world’s…
ESG
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Renewables to attract $11 trillion spend by 2050, says report
Renewable energy will attract $11 trillion in investment in coming decades as production costs fall, according to a report by…
UAE's ADFD finances 90 renewable energy projects worth $1.3bln over a decade
Abu Dhabi Fund for Development has been supporting the country’s effort towards driving energy transition at home and around the…
PIF to help KSA become a global renewable energy leader, says minister
Saudi Arabia aims to be a world leader in the field of renewable energy, Al Arabiya TV Channel reported, citing…
HSBC arranges first 'green' trade finance facility for UAE's Lamprell
Even trade financing deals are getting a touch of ‘green’ to them. HSBC has issued a $48 million green…
Dealing with the effects of climate change through climate adaptation
World leaders meet virtually in the Netherlands today for the Climate Adaptation Summit (CAS), whose aim is to galvanise and…
Northern Trust launches EM green transition index strategy
Northern Trust Asset Management has launched a sustainable emerging-market index strategy with climate change considerations as its cornerstone. The strategy…
Masdar and EDF Renewables to explore renewable energy opportunities in Israel
Masdar and EDF Renewables announced today that they have signed a strategic agreement to explore renewable energy opportunities in Israel…
HSBC launches Sustainable and Transition Finance team in Middle East
HSBC has announced the formation of a dedicated Sustainable and Transition Finance Team in the Middle East, North Africa and…
DIFC Academy to provide accredited training for sustainable investing
As part of Dubai’s commitment to be the region’s most sustainable financial city and to develop human capital skills needed…
EBRD supports secure and green energy in Jordan
EBRD US$ 100 million loan to Jordan’s National Electric Power Company Support to ease repercussions of Covid-19 crisis Capacity-building funded…
Roland Berger bolsters Energy practice with three experts
Roland Berger have strengthened its Energy practice in the Middle East with the hiring of three new members: Pierre Samaties,…