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‧UAE and Denmark Forge Partnership for Sustainable Agriculture
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 Sector Accelerates Towards Net-Zero Ambitions
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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‧GCC Greenfield Projects See Marginal Uptick in 2024 Amid Saudi and UAE Leadership
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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‧Middle East's Sustainable Bond Issuance Projected to Maintain High Levels in 2025
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's Inaugural Green Bond Attracts Robust Investor Interest
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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‧Tabreed Secures $700 Million Through Landmark Green Sukuk Issuance
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…
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‧Global Accord Reached to Mobilise $200 Billion Annually for Biodiversity Conservation
In a landmark decision, over 140 nations have committed to mobilising $200 billion annually by 2030 to safeguard global biodiversity. This agreement, finalised at the United Nations COP16 summit in Rome, aims to halt and reverse environmental degradation worldwide. The pac…
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‧Gulf Nations Positioned to Shape US Critical Minerals Strategy
The Gulf region’s strategic importance in global supply chains is increasing as the US seeks to secure critical minerals vital for technology and clean energy. With an eye on reducing dependence on China, the US is now pivoting towards the Gulf, an area rich in natural reso…
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‧Saudi Arabia and Abu Dhabi Accelerate Ambitious Renewable Energy Initiatives
Saudi Arabia and Abu Dhabi are intensifying their efforts to transform their energy sectors, aiming to significantly increase renewable energy capacities by 2030 and 2035, respectively. These initiatives are central to their broader strategies for economic diversification a…
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‧Global Conference on Carbon Markets Addresses Climate Change Strategies
Policymakers, industry leaders, and researchers convened in New Delhi on Monday for the Prakriti 2025 conference, focusing on leveraging carbon markets to combat climate change and promote sustainable development. Union Minister for Power and Housing & Urban Affairs, Ma…
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‧Saudi Arabia Commits $3.57 Billion to Expand Qurayyah Power Plant by 3.01 GW
Saudi Arabia has announced a significant investment of SR13.4 billion to expand the Qurayyah Independent Power Plant in the Eastern Province. This expansion aims to add 3.01 gigawatts of power generation capacity, addressing the Kingdom's growing energy demands and s…
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‧TrinaTracker's 3 GW Factory Boosts Saudi Arabia's Solar Ambitions
TrinaTracker, a subsidiary of Trinasolar Co. Ltd and a global leader in smart solar tracking solutions, has inaugurated a manufacturing facility in Saudi Arabia. Located in Jeddah's 3rd Industrial City, the plant is slated to commence operations in the first quarter of…
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‧Industry Confidence in Net-Zero Targets Declines Amid Policy and Investment Challenges
Confidence within the energy sector regarding the attainment of global net-zero emissions by 2050 has markedly decreased. The Energy Industries Council reports that only 16% of industry leaders now believe these climate goals are achievable, a significant drop from 45% the…
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‧Sheikh Mohamed Hosts Zelensky as UAE and Ukraine Strengthen Ties
UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Ukrainian President Volodymyr Zelensky in Abu Dhabi on Monday, marking a significant step towards enhancing diplomatic and economic cooperation between the two nations. The meeting, which took place at Qasr Al Shati,…
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‧Masdar, TotalEnergies, and EPointZero Forge Alliance to Expand Clean Energy in Africa and Asia
In a strategic move to enhance sustainable energy access, Masdar, TotalEnergies, and EPointZero have entered into a framework agreement aimed at delivering clean energy solutions across Africa and Asia. This collaboration seeks to address energy deficits in underserved comm…
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‧Abu Dhabi Commercial Bank – Egypt Focuses on Sustainability and Green Finance
Abu Dhabi Commercial Bank Egypt is strategically aligning its operations with sustainability and green finance initiatives, reflecting the growing emphasis on environmentally responsible banking practices within the financial sector. The CEO of ADCB Egypt highlighted that …
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‧EDF and TAQA Collaborate on Geothermal Energy in Saudi Arabia
French energy giant EDF has entered a strategic partnership with TAQA Group, a Saudi-based energy company, to push forward innovations in geothermal energy technology. The deal, which also includes power generation and HVAC applications as well as compressed air energy stor…
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‧ESG Sukuk Market Surpasses $50 Billion Milestone
The Environmental, Social, and Governance sukuk market has achieved a significant milestone, with its outstanding value exceeding $50 billion by the end of 2024. This growth underscores the increasing integration of ethical and sustainable principles within Islamic finance…
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‧LEAP East Set to Transform Hong Kong's Tech Landscape in July 2026
LEAP, the acclaimed technology event, is expanding into Asia with the introduction of LEAP East, scheduled at the Hong Kong Convention and Exhibition Centre from 9 to 11 July 2026. Organised by Tahaluf, this inaugural event aims to attract global tech leaders, innovators, a…
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‧UAE Accelerates Electric Vehicle Infrastructure with 500 New Charging Stations by 2025
The United Arab Emirates is intensifying its commitment to sustainable transportation by planning to install 500 electric vehicle charging stations nationwide by the end of 2025. This initiative aims to support the growing adoption of EVs and reduce carbon emissions, alig…