Arab renewable energy projects attracted $120bln in FDI in 2022
Arab countries received foreign investments of nearly $120 billion in renewable energy projects in 2022, according to an official report.…
Environment and Sustainable Investments
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Emirates Development Bank unveils bespoke solar energy financing program
Emirates Development Bank has unveiled a new first of its kind Solar Energy Finance Program aimed at supporting micro, small,…
UAE announces $4.5bn initiative to support deployment of clean energy in Africa
COP28 President-Designate Dr Sultan Al Jaber has announced a UAE finance initiative that will provide $4.5bn to help tap Africa’s…
Energy Capital announces first close of $150m fund
Saudi Arabia-based investment company Energy Capital Group (ECG) has announced the close of its $150m fund that targets the creation…
Mayer Brown adds Global Energy and Infrastructure partner Anne Wicks to practice in Middle East
Mayer Brown has announced that Anne Wicks joined the firm as a partner in its Global Energy group in Dubai,…
Mohamed bin Zayed: COP28 will lead global efforts to protect the planet and safeguard future generations
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received at Qasr Al Bahr Majlis the team overseeing the 28th…
Mashreq announces appointment of Faisal Mohammed AlShimmari as the Head of ESG and Corporate Strategy
Mashreq has announced the appointment of a senior Emirati, Faisal Mohammed AlShimmari as Head of ESG & Corporate Strategy. In…
World’s first zero-carbon 5G network unveiled at Six Senses Southern Dunes
The Red Sea Global (RSG), the developer behind The Red Sea and Amaala projects in Saudi Arabia, and telecom company…
Oman Cables Industry commits to sustainability; identifies 50 sustainable projects
Oman Cables Industry (OCI), along with its strategic partner Prysmian Group, has identified 50 sustainable projects over the next three…
Saudi Arabia intends to continue to be a leader in producing, exporting clean hydrogen: Energy minister
Energy Minister Prince Abdulaziz Bin Salman confirmed that Saudi Arabia intends to continue to achieve leadership in the production and…
UAE highlights renewable energy’s key role in peacekeeping operations
A senior UAE delegation led an international discussion underlining the importance of incorporating renewable energy into peacekeeping operations around the…
How UAE's transport sector is driving towards Net Zero future
The transport sector plays a pivotal role in the UAE’s journey towards Net Zero by 2050, an Emirati minister noted…