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Sustainability
Economy
Abu Dhabi’s Masdar announces $1.4 billion acquisition of Saeta from Brookfield
The acquisition encompasses a portfolio of 745 megawatts (MW) of primarily wind energy assets
Sustainability
DET, HaejooX partner to deploy 20,000 reef modules in Dubai Reef
Deployment of the first 1,000 purpose-built reef modules to commence in late November 2024
Economy
UAE, IRENA forge partnership to boost climate ambitions in 20 developing nations
The partnership aims to leverage the UAE’s climate leadership and IRENA’s role in NDC development and sustainable energy transition
Economy
Egypt invests $300 billion in infrastructure development over 10 years, says minister
El Khatib underscored the need to continue infrastructure development to achieve 6 to 7 percent economic growth
Economy
Abu Dhabi’s Masdar secures $159 million for 154 MW Čibuk 2 wind farm, powering 62,000 households
Non-recourse financing has been secured from lenders UniCredit and Erste Bank Serbia
Economy
UAE, U.S. strengthen strategic partnership as trade reaches $39.5 billion in 2023
The UAE President's visit marks a significant moment in over fifty years of bilateral relations between the two nations
Sustainability
Abu Dhabi’s G42, NVIDIA partner to advance climate technology
The two companies will establish a new operational base and a climate tech lab in Abu Dhabi
Economy
VERSES AI, Analog launch smart city pilot in Abu Dhabi to optimize taxi fleet management
The project aims to simulate taxi fleet management in Abu Dhabi using the Genius platform
Economy
AD Ports Group’s 2023 highlights: 5,000 tons of CO2 saved, 124 CSR projects launched
The Group achieved 7 percent drop in electricity consumption, 174 percent increase in recycled waste
Economy
Abu Dhabi launches green bus service: Clean hydrogen and electric vehicles now on Route 65 in Al Reem Island
The Green Bus service launch highlights Abu Dhabi's commitment to sustainable public transport
Sustainability
SIF 2024: Agritech’s transformative power boosts UAE’s food security
Forum highlighted the key role entrepreneurship plays in advancing smart solutions for food security
Economy
$2.16 billion invested in seven new UAE renewable energy projects from H2 2023 to H1 2024
13 solar projects will add by end of 2024 10.6 GW to UAE’s grid
Economy
UAE’s MoEI, EtihadWE launch initiative to boost renewable energy adoption in Northern Emirates
Northern Emirates residents can now harness energy with rooftop solar panels
Economy
UAE’s Ministry of Energy and Infrastructure partners with Siemens Energy to promote green energy
This partnership will focus on addressing upcoming challenges related to grid infrastructure
Economy
Middle East set to achieve $75.6 billion in renewable energy investments: Report
These investments encompass 116 renewable energy are expected to become operational between 2025 and 2030
Energy
World Utilities Congress 2024 addresses critical challenges in energy transitions, water security
The World Utilities Congress this year is co-located with the 6th Arab Water Forum
Banking & Finance
Dubai to host ‘The Africa Debate’ on October 31 to boost trade, investment
The event reflects the UAE's commitment to strengthening its economic and trade relationships with African nations
Economy
UAE’s investment in clean energy reaches over $12.25 billion, says minister Al Mazrouei
The country has significantly increased its clean energy share to 27.83 percent in 2023, aiming for 32 percent by 2030
Logistics
Operations and supply chain decarbonization in the Middle East
Each company faces unique decarbonization challenges, but many struggle to meet ambitious targets
Interviews
Vortex Energy: Navigating the evolving renewable landscape
A conversation with Karim Moussa on the company's vision and challenges
Banking & Finance
Abu Dhabi’s Hub71 welcomes 21 startups with $134.9 million in funding
Seven startups will join Hub71+ ClimateTech, gaining tailored resources for their sustainability missions
Banking & Finance
Saudi Aramco announces agreements with key Chinese partners
Aramco's agreement with Hengli Group enables talks for a potential 10 percent stake acquisition
Economy
Abu Dhabi’s Masdar City cuts CO2 emissions by 30.6 percent in 2023, reducing 3,392.6 tons
This is equivalent to 807 cars off the road
Sustainability
Abu Dhabi-based Offset8, iRise to restore 10 million trees in Malawi, benefiting 150,000 people
The project also focuses on restoring 6,000 hectares of degraded land in Malawi
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