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‧ING Appoints Jonathan Keyes to Lead Sustainable Finance in Middle East
Jonathan Keyes has been appointed as the Head of Sustainable Finance for the Middle East by ING, the Dutch multinational banking and financial services corporation. This strategic move aligns with ING's commitment to promoting sustainability and supporting clients in th…
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‧Saudi Arabia pushes forward with $10bn green hydrogen investment
Saudi Arabia is positioning itself at the forefront of green hydrogen production, with its Public Investment Fund (PIF) leading a $10 billion push into the sector. As part of Vision 2030, the Kingdom is leveraging its renewable energy resources—chiefly solar and wind power—…
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‧Climate Change Faces Impact from Israel-Gaza Conflict
Escalating hostilities between Israel and Gaza are revealing not only humanitarian crises but also hidden environmental costs that threaten long-term climate stability in the region. As violence intensifies, the ecological impact exacerbates existing challenges posed by cli…
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‧Qatar Electricity and Water Company prepares 500 MW solar project to expand its green portfolio
Qatar Electricity and Water Company (QEWC) has announced its plans to develop a new solar power project with a capacity of 500 megawatts (MW), further reinforcing its commitment to sustainable energy. This venture aligns with Qatar’s broader push toward diversifying energy …
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‧Gulf States Compete for Low-Carbon Metal Production Ahead of EU Tax
Gulf states are rapidly advancing their initiatives to produce low-carbon metals as the European Union prepares to implement its carbon border adjustment mechanism (CBAM). This development represents a significant shift in the region's industrial strategy, focusing on s…
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‧TAQA secures $1.75 billion with dual-tranche bond issuance
Abu Dhabi National Energy Company (TAQA) has successfully priced its $1.75 billion dual-tranche bond offering, continuing its strategy of leveraging debt to support both its business objectives and environmental commitments. The issuance consists of two portions: a seven-ye…
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‧Masdar Sees Rapid Growth in US Renewable Energy Market
Masdar, the renewable energy subsidiary of Abu Dhabi's Mubadala Investment Company, is experiencing accelerated growth in the United States, reflecting the country’s increasing commitment to clean energy. The company's expansion strategy in the US has been underscor…
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‧Abu Dhabi’s ADQ Collaborates with EQTY Lab for ClimateGPT Initiative
Abu Dhabi's Abu Dhabi Holding Company (ADQ) has joined forces with EQTY Lab to introduce ClimateGPT, an innovative artificial intelligence tool aimed at addressing climate change challenges. The collaboration emphasizes the commitment of both organizations to leverage c…
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‧Dubai Airports to Unveil Major Solar Panel Initiative
Dubai Airports is set to embark on an ambitious project to establish the largest rooftop solar panel installation at an airport worldwide. This initiative aligns with the UAE's commitment to sustainability and aims to significantly enhance the energy efficiency of Dubai…
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‧Masdar Planning New Green Bond Launch for 2025
Masdar, the renewable energy subsidiary of Abu Dhabi's Mubadala Investment Company, is gearing up to launch a new green bond as part of its strategic financing efforts aimed at expanding its renewable energy portfolio. Chief Financial Officer, Mohamed Jameel Al Ramahi, …
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‧Abu Dhabi Invites Bids for 1.5GW Al-Zarraf Solar Project
A significant step towards enhancing its renewable energy landscape has been initiated by Abu Dhabi, as it officially announced the launch of a competitive bidding process for the 1.5-gigawatt (GW) Al-Zarraf solar independent power project (IPP). This initiative aligns with…
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‧ADQ Teams Up with EQTY Lab to Advance Climate Solutions
Abu Dhabi Developmental Holding Company (ADQ) has announced a strategic partnership with Swiss artificial intelligence firm EQTY Lab to enhance climate solutions across diverse sectors. This collaboration aims to utilize AI and data analytics to facilitate a sustainable fut…
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‧UK Fleet Biofuel Transition Cuts dnata’s CO2 Emissions by 2,400 Tonnes
A significant shift to biofuels for dnata’s UK operations has resulted in a reduction of over 2,400 tonnes of carbon dioxide emissions annually. This transition aligns with the global push for more sustainable practices in the aviation industry and highlights dnata’s commit…
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‧Middle East Consumers Factor Climate and Inflation into Choices
Consumer behavior in the Middle East is evolving significantly, driven by a complex interplay of climate change concerns and rising inflation. A recent survey conducted by PwC reveals that while economic pressures are palpable, consumers are increasingly willing to pay a pr…
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‧COP29 Countdown Sparks Global Momentum for Climate Action
Preparations for the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change are gathering pace, with significant emphasis on collaborative strategies to implement the UAE Consensus. Scheduled to be held in Abu Dhabi from November…
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‧Masdar Expands Renewables Presence in the U.S. with Terra-Gen Deal
Masdar, a prominent clean energy company based in Abu Dhabi, has intensified its commitment to renewable energy in the United States by acquiring a 50% stake in Terra-Gen, a leading independent power producer (IPP). This strategic investment, valued at approximately $1 bill…
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‧Adnoc Drilling Launches Major $1.7 Billion Initiative
Adnoc Drilling has initiated a significant campaign targeting unconventional oil and gas resources, with an investment exceeding $1.7 billion. This move underscores the company's commitment to expanding its operational capabilities and enhancing its production capacity …
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‧Millions rely on Mississippi River as drought threatens vital waterway
The Mississippi River, a lifeline for the American Midwest, faces severe water shortages as persistent drought conditions continue to affect its flow. The river, spanning 2,340 miles from Minnesota to the Gulf of Mexico, supports a vast network of industries, including agri…
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‧UAE bolsters Ghana’s climate and biodiversity goals with $30m commitment
The UAE has entered into a strategic $30 million agreement with Ghana, marking a significant partnership aimed at supporting biodiversity and climate initiatives. The collaborative framework focuses on climate resilience and environmental preservation, with a particular emp…
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‧UAE pledges $30m for Ghana’s environmental projects
The United Arab Emirates (UAE) has announced a $30 million commitment to bolster Ghana's climate and biodiversity initiatives. This funding marks a significant milestone in strengthening bilateral ties between the two countries while addressing global environmental chal…