carbon dioxide

South Korea’s foreign reserves fall $620 million in June amid currency swap, bond payments

As of the end of June, the country’s foreign reserves stood at $412.21 billion

UAE’s ADNOC embraces AI for sustainability, drives $500 million in savings and 1 million tons of carbon cuts

Last year, ADNOC implemented over 30 AI tools to improve the efficiency of its projects

ADNOC L&S awards $2.5 billion in contracts to Korean shipyards for 8 LNG carriers

LNG carriers will be delivered by 2028 and time chartered for 20 years to ADNOC Group subsidiaries

Emirates’ green aviation initiative slashes fuel burn by 48,000 tons, cuts carbon emissions by 151,000 tons

The airline has equipped its pilots with the latest tools and applications to monitor and optimize their flight performance

Abu Dhabi’s KEZAD, Astha Biotech sign lease agreement for $12 million microalgae plant in the emirate

The deal will enable the launch of the UAE's first microalgae company for health, cosmetics, food, and aquaculture

Emirates begins operating flights from Singapore using SAF

Around 3.3 million liters of blended SAF became available in the fuelling system of Changi airport

Abu Dhabi’s Etihad Airways carries 1.5 million passengers with 84 percent load factor in May 2024

The airline had seen a 38 percent year-to-date increase in passengers, said CEO

Digital technology: A catalyst for sustainable energy practices in the GCC region

How AI, process optimization and digital grid solutions are changing the game

Building a greener future: How FMCG companies can drive sustainability

Implementing green practices such as tapping solar energy and reducing food loss can help companies meet sustainability goals

SAF production to triple to 1.5 million tons by 2024: Report

Around 140 SAF projects are planned by 2030, the report said

UAE’s ADFD finances projects worth $9.6 billion in 42 African countries

In 2023, ADFD led a $4.5 billion UAE initiative to boost Africa's clean energy infrastructure

Global carbon pricing revenues reach record $104 billion in 2023: Report

The report found that there are now 75 carbon pricing instruments in operation worldwide

Dubai’s DET boosts green future efforts with inaugural sustainability report

Report showcases city's efforts to align with global sustainability objectives and D33

UN body adopts human rights protections for carbon market mechanism

The move seeks to empower vulnerable communities and individuals

Hilton accelerates growth in the Middle East

New openings to bolster its position as a leading hospitality brand in the region

Kuwait to modernize, enhance renewable energy efficiency for a zero-carbon future

Dr. Al-Otaibi highlighted Kuwait's endeavors to raise renewable energy production from 15 to 30 percent by 2030

Abu Dhabi’s TAQA, Japan’s JERA to develop greenfield plant in Saudi Arabia

Project leverages advanced technologies and emphasizes sustainability

UAE joins global initiative for achieving near-zero emission buildings by 2030

The move reflects UAE’s commitment to global cooperation in decarbonizing the building sector and bolstering resilience

ADNOC signs 15-year LNG supply deal with German energy firm

Strategic deal reinforces ADNOC's role in global energy transition

Abu Dhabi to host inaugural Global Rail conference in October

The event will bring together more than 15,000 senior decision-makers, thought leaders and 1,000 delegates

DEWA reduces carbon emissions by 92.5 million tonnes from 2006 to 2023

Innovative technologies and strategic upgrades bolster commitment to clean energy

Saudi Arabia, Kazakhstan collaborate to approve executive program in fields of renewable energy and innovation

The program contributes to supporting Kazakhstan's efforts to achieve emissions reduction targets

ADNOC generates $500 million value, reduces 1 million tons CO2 by deploying AI across value chain

The company’s AI integration is driving net-zero emissions and methane reduction goals

ADNOC recognized as top NOC investor in low-carbon solutions: Report

The company was also ranked 5th largest investor in the industry in 2023