UAE's Masdar signs renewable energy MoU with Jordan
UAE's clean energy firm Masdar has signed an agreement with Jordan to collaborate on renewable energy projects with a total…
Environment and Sustainable Investments
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EIB Global, AllianzGI plan to invest $100m in renewable energy projects
The Emerging Market Climate Action Fund has announced a $25m investment into Alcazar Energy Partners II, a fund providing early-stage…
PwC Middle East Net Zero Future50 launches to support climate tech innovators in the region
Climate change mitigation and adaptation strategies are at the top of the global agenda as business leaders and governments convene…
Dukhan Bank, GORD introduce Shari’ah compliant Green Finance program
Stepping up the efforts to catalyze climate actions and facilitate organizations to build low carbon and sustainable economies, the Gulf…
Bechtel-led coalition to support Egypt's Decarbonization Strategy
Egyptian LNG Zero Routine Flaring Study awarded to Bechtel-led Coalition for Decarbonization of existing facility Coalition includes Bechtel, Enppi, Petrojet,…
UAE’s green bonds, sukuk market valued at $17bln
As part of its participation in the 27th United Nations Climate Change Conference (COP27), held in the Egyptian resort of…
World Bank chief urges ‘immediate actions’ by GCC to tackle water, energy security
The World Bank’s regional director for Gulf Cooperation Council countries has urged the organization to take “immediate actions” to address…
Storage concentrating solar power system ensure Dubai’s energy supply security at lowest cost
Dubai Electricity and Water Authority translates the ambitious vision and developmental renaissance in Dubai into mega projects and promising opportunities,…
Saudi Arabia's wealth fund pledges to reach net-zero by 2050
Saudi Arabia's Public Investment Fund aims to reach net-zero by 2050, with plans to finance projects that support the green…
Saudi Arabia commits $2.5bln to Middle East green initiative – Crown Prince
Saudi Arabia's Crown Prince Mohammed bin Salman said on Monday the kingdom would contribute $2.5 billion to a green initiative…
Kuwait says to become carbon neutral in oil and gas by 2050
Kuwait is committed to becoming carbon neutral in the oil and gas sector by 2050 and in the whole country…
UN chief issues stark warning, Arab leaders pledge commitment to climate goals on opening day of COP27
The world is on the “highway to climate hell,” the UN secretary-general warned as he delivered an impassioned speech on…