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Sustainability
UAE’s ADNOC, JBIC sign $3 billion green financing agreement
The credit facility is part of JBIC's GREEN lending program and is partially supported by Japanese commercial banks
Sustainability
ADNOC cuts 6.2 million tons of greenhouse gas emissions in 2023: Report
ADNOC aims to achieve a 5 percent energy efficiency improvement by 2025
Sustainability
Dubai to host 10th World Green Economy Summit on October 2-3
Summit will be held under the theme ‘Empowering Global Action: Unlocking Opportunities and Advancing Progress'
Sustainability
Emissions spike 50 percent at Google as AI energy demands undermine sustainability targets
Data showed that Google's emissions increased 13 percent year over year in 2023
Sustainability
Tadweer Group launches four new subsidiaries to enhance waste recycling, conversion in Abu Dhabi
Tadweer Environmental Services and Solutions will focus on public waste collection activities
Economy
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
Sustainability
Abu Dhabi’s EAD, TotalEnergies partner to conserve and restore coastal ecosystems in the emirate
As part of this collaboration, EAD and TotalEnergies will research, monitor, and evaluate Abu Dhabi's coastal ecosystems
Sustainability
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
Economy
Natural gas shortage drives 54 percent surge in Egyptian fertilizer prices
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously
Saudi Arabia
Saudi Arabia’s 1,200-station renewable energy mapping project aims to accelerate clean power goals
The stations seek to measure solar and wind energy across all regions of the Kingdom
Energy
Global energy demand reaches new high in 2023, fossil fuels maintain dominant share: Report
Energy transition stalls as global primary energy demand rises to 620 Exajoules in 2023
Sustainability
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
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