climate change

UAE’s ADQ, ne’ma join forces to combat food waste from farm to table

ne'ma aims to reduce food loss and waste by 50 percent by 2030, in line with U.N. Sustainable Development Goal 12.3

Abu Dhabi’s Masdar, Infinity Power to build 200-megawatt wind farm in Egypt

The MoU secures a long-term supply of renewable energy from a large onshore wind project in Ras Ghareb, Egypt

What does Egypt’s new carbon market mean for the future of climate finance?

The move is a step towards a mandatory market, requiring carbon reduction projects and emissions calculations

Saudi Arabia tackles e-waste with 100,000 devices recycled, minimizing environmental footprint

This is part of the Kingdom's strategy to build a sustainable digital future optimizing resource use

Samsung debuts EV battery with 600-mile charge in 9 minutes, 20-year lifespan

The company is also developing affordable LFP, cobalt-free batteries, and dry electrode production to cut costs

Oman bans plastic bag imports, new regulation effective this date

The prohibition covers both biodegradable and non-biodegradable plastics

UAE, Indonesia to boost cooperation in public finance, debt management, and climate finance

The two countries enjoy thriving bilateral trade, with $4 billion in volume in 2023 

Yas Island’s eco-friendly city earns top sustainable urban design rating in Abu Dhabi

The Estidama 5 Pearl rating signifies excellence in sustainable design

Dubai South announces successful completion of first stage in UAE’s autonomous vehicle trials

The trials were conducted on a predefined route within a closed area of the Dubai South Logistics District

UAE’s DEWA invests $42.85 million in new 60-million gallon water reservoir in Lusaily

The new reservoir has been constructed adjacent to an existing reservoir with a capacity of 120 MIG of desalinated water

Kuwait announces massive oil and gas discovery estimated at 3.2 billion barrels

This discovery has raised hopes of finding additional hydrocarbons to boost the country's energy resources

Saudi Arabia launches Carbon Capture and Utilization Challenge with UpLink

This challenge aims to seek innovative solutions that accelerate the circular carbon economy

Sustainable investments could unlock $2 trillion for GCC countries by 2030: Report

Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022

Sheikh Khaled witnesses signing ceremony for international partners joining ADNOC’s Ruwais LNG project

His Highness met with heads of global energy companies to discuss the future of the sector

Masdar JV Emerge, SNOC break ground on largest solar plant in Sharjah

Solar power plant will generate enough clean energy to offset 66,000 tons of carbon dioxide emissions annually

Egypt approves $200 million in energy projects with foreign, national companies

Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean

Oil prices stabilize as market monitors tropical storm Beryl, geopolitical developments

Brent oil futures for September delivery hovered around $85.72 per barrel

Abu Dhabi World Food Security Summit 2024 to empower innovative solutions for hunger-free world

The event is set to be hosted for the first time on November 26-27, 2024

2024 will likely be the world’s hottest year as June temperatures hit record-high

Global average temperatures in the last 12 months reached the highest on record at 0.76 °C above the 1991-2020 average

DEWA’s IPWP model attracts $11.87 billion investment over 10 years

Key projects include the Mohammed bin Rashid Al Maktoum Solar Park, which aims for 5,000MW by 2030 at AED50 billion

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