Sustainability

ADIPEC 2024: ADNOC scales carbon-to-rock project with 44.01 following successful pilot

Pilot permanently mineralized 10 tons of carbon dioxide within Fujairah’s peridotite rock formations in under 100 days

ADIPEC 2024: UAE plans to invest over $54 billion to meet sustainable energy demand over next six years, says Suhail Al Mazrouei

This initiative is part of the country's commitment to decarbonising the economy and achieving net-zero emissions by 2050 

ADIPEC 2024: Microsoft supports energy transition towards more sustainable future 

The booth features a Surface Zone and demo arena for attendees to explore Microsoft’s solutions for operational and environmental goals 

Qatar affirmed at ‘AA/A-1+’; outlook stable: S&P

Growth momentum is expected to strengthen from 2026, supported by the North Field Expansion (NFE) LNG project

FII8: Aramco, Riyadh Air ink agreement to collaborate in low-carbon fuel supply, sustainability

Partnership aligns with Riyadh Air's ambition to become a leading global airline committed to sustainability and low-carbon fuels

Global climate investment gap projected at $2.7 trillion annually by 2030, warns Moody’s

The report noted that investment has risen since the Paris Agreement, but reaching net zero by 2050 needs much more effort 

Dubai Reef achieves key milestone with first 1,000 purpose-built reef modules fabricated

The initiative aims to deploy a total of 20,000 specially designed reef modules of varying sizes over a span of three years 

FII8: stc Group joins hands with three new partners for Sustainability Champions program

The Group further reinforces its commitment to sustainability, connectivity, and technological advancement at FII8

FII8: Princess Reema reiterates Saudi Arabia’s commitment towards blue economy, ocean health

Princess Reema launches Ocean Central, a platform that collects and combines data to provide a clear and evolving view of ocean health

FII8: Saudi Arabia strengthens framework for high-integrity carbon markets to achieve national emission reduction targets

Strategic collaboration between the Regional Voluntary Carbon Market Company, Clean Development Mechanism Designed Authority

Saudi Arabia’s sustainability push continues amid economic diversification: Report

Non-oil private sector grows by 4.9 percent in Q2, the strongest in a year

QatarEnergy partners with TotalEnergies on major 1.25 GW solar project in Iraq

This project aims to be one of the world's largest, featuring 2 million high-efficiency bifacial solar panels on single-axis trackers

Sheikh Mohammed and Vietnam PM discuss enhancing bilateral cooperation, sign CEPA

CEPA facilitates UAE service providers' access to various sectors in Vietnam, including business, finance, and tourism

COP29 critical for shaping future climate contributions: IRENA director-general

La Camera stressed the urgent need for $31.5 trillion in investments in renewable energy, grids, resilience measures, and energy efficiency by 2030

UAE signs two agreements with IMF to support PRGT, RST funds

At the October 2023 IMFC meeting in Marrakech, the UAE announced a $200 million co-financing initiative for the PRGT

Saudi Arabia secures $10 billion in private investment for sustainable agriculture

Investment projects include plant production, livestock and fisheries, as well as agricultural processing, manufacturing, and infrastructure development

Dubai’s net-zero efforts cut emissions by 29 percent in 2023

Achievement highlights the effectiveness of current measures under Dubai’s strategy to reduce carbon emissions by 30 percent by 2030

UAE, Rajasthan sign investment agreement to pursue 60 GW renewable energy project in India

Both nations have set ambitious clean energy targets in recent years

Global oil demand to reach over 100 million barrels per day by 2050: Saudi Aramco

CEO noted that Asia's energy transition is lagging, marked by less equity and greater complexity than expected 

Sharjah Chamber hosts Japanese delegation, discusses enhancing economic cooperation

The Chamber seeks to boost knowledge exchange and collaboration between investors from both nations

UAE plays pivotal role in enhancing food security, sustainability: FAO

MoCCAE and Dubai Municipality are vital partners in promoting sustainable agriculture and minimizing food waste

DMCC Sustainability Hub boosts services, sustainability agenda with key partnerships

Through these agreements, DMCC Sustainability Hub aims to strengthen its status as the leading ESG ecosystem in the region