Abu Dhabi Future Energy Company PJSC – Masdar has successfully raised \$1 billion through its latest green bond issuance, marking a significant step in its commitment to expanding renewable energy initiatives globally. The issuance, structured in two equal …
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‧Abu Dhabi Future Energy Company PJSC – Masdar has successfully raised \$1 billion through its latest green bond issuance, marking a significant step in its commitment to expanding renewable energy initiatives globally. The issuance, structured in two equal tranches of \$500…
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‧CO2Wall, a Netherlands-based climate solutions company, has launched operations in Saudi Arabia with the opening of a new office in Riyadh. This move aligns with the Kingdom's Vision 2030, which aims to achieve carbon neutrality by 2060 and enhance urban sustainability. …
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‧Iraq's Ministry of Electricity is intensifying efforts to bolster its renewable energy capacity, engaging in virtual discussions with officials from the UAE's Masdar to expedite the development of solar power projects totaling 1,000 megawatts across the provinces o…
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‧Nearly 400 scientists and experts involved in the sixth National Climate Assessment were abruptly dismissed by the Trump administration, casting doubt on the future of the congressionally mandated report. The NCA, a comprehensive study produced every four years since 1990,…
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‧Gulf Warehousing Company has launched one of the largest private solar energy initiatives in the GCC, marking a significant step towards sustainability within the logistics sector. The move, made in collaboration with Yellow Door Energy, aims to position GWC as a key playe…
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‧Hydrom, the organisation spearheading the green hydrogen sector in Oman, has initiated the third round of its green hydrogen auction, opening the Request for Qualification . The announcement outlines the next steps for potential investors, marking a significant move towards…
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‧Dubai is set to host the 11th World Green Economy Summit on 1–2 October 2025 at the Dubai World Trade Centre. Organised by the Dubai Supreme Council of Energy, Dubai Electricity and Water Authority , and the World Green Economy Organization , the summit will convene global…
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‧NEOM Green Hydrogen Company has initiated a substantial recruitment campaign to staff its forthcoming green hydrogen facility at Oxagon in Saudi Arabia's northwestern region. This initiative seeks to attract skilled professionals across various departments, including C…
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‧Carbon Clean has announced the successful completion of the world's first industrial deployment of its modular carbon capture technology, CycloneCC. Over a six-month period, the system achieved approximately 4,000 operating hours, delivering a high-purity carbon dioxide…
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‧Abu Dhabi National Oil Company has initiated a tender process for the engineering, procurement, and construction of Project Rabdan, a low-carbon ammonia production facility slated for construction in the Taziz industrial complex. The plant is designed to produce one milli…
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‧Saudi Arabia is progressing in its renewable energy ambitions with the upcoming 1,500-megawatt Dawadmi Wind Independent Power Project in Riyadh province. The Saudi Power Procurement Company has set a bid submission deadline of 15 May for this initiative, which stands as …
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‧Saudi Arabia's Acwa Power is intensifying its collaboration with Chinese enterprises, undeterred by escalating global trade disputes. The energy giant has formalized agreements exceeding $1.78 billion, focusing on renewable energy, battery storage, and research and deve…
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‧Tanmiah Food Company, a prominent supplier of fresh poultry, processed proteins, and animal feed, has entered into a partnership with Emerge, a joint venture between Masdar and the EDF Group, to develop a 3 megawatt-peak solar power plant at Tanmiah's agricultural proc…
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‧Airbus has announced a delay in the development of its hydrogen-powered commercial aircraft, originally slated for introduction by 2035. The postponement, expected to extend the timeline by five to ten years, underscores the formidable technological and infrastructural chal…
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‧Abu Dhabi Future Energy Company, widely known as Masdar, has significantly bolstered its position in the global renewable energy sector by deploying approximately AED30 billion in equity investments and securing over AED16.5 billion in project financing across nine countrie…
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‧Saudi Aramco, in collaboration with Siemens Energy, has inaugurated the kingdom's inaugural direct air capture unit, a pilot facility designed to extract 12 tonnes of carbon dioxide annually from the atmosphere. This initiative represents a significant advancement in S…
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‧Abu Dhabi's renewable energy company, Masdar, is nearing a $200 million agreement to acquire a 49.9% stake in a 450-megawatt solar portfolio managed by Spanish utility Endesa. This strategic move aims to bolster Masdar's presence in Spain, aligning with its ambition…
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‧Aldar Investment Properties , a subsidiary of Aldar Properties, has successfully issued a $500 million 10-year green sukuk, significantly enhancing its financial standing. The issuance witnessed remarkable investor interest, with the order book surpassing $3.6 billion, indi…
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‧In a significant move to bolster global sustainability efforts, the United Arab Emirates and Denmark have formalized a partnership aimed at enhancing cooperation in sustainable agriculture and food systems. This development underscores both nations' commitment to addre…
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‧Dubai's real estate industry is undergoing a significant transformation as developers, regulators, and investors align efforts to achieve a net-zero built environment by 2030. This collective endeavour is driven by policy initiatives, financial incentives, and technolog…
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‧The Gulf Cooperation Council experienced a slight increase in announced greenfield foreign direct investments in 2024, with the total number of projects rising by just under 1% to 1,830 from 1,813 in 2023, according to Emirates NBD Research. This modest growth underscores…
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‧Sustainable bond issuance in the Middle East is anticipated to reach between $18 billion and $23 billion in 2025, according to S&P Global Ratings. This projection underscores the region's commitment to environmental, social, and governance initiatives, with the Uni…
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‧Saudi Arabia has successfully issued its first sovereign green bond, raising €1.5 billion and marking a significant step in the Kingdom's commitment to sustainable financing. The issuance attracted substantial investor interest, with bids totaling €7.25 billion, indica…
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‧National Central Cooling Company PJSC , a leading district cooling provider in the United Arab Emirates, has successfully issued a $700 million five-year green sukuk. This strategic move underscores the company's commitment to sustainable financing and positions it prom…