Climate

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 

Egypt to raise electrical capacity with two $700 million renewable energy projects by October

Emirati company Al Nowais will launch the solar energy project in the Aswan Governorate's Kom Ombo by October

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

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

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

UAE’s DP World, China’s Zhejiang Seaport partner to strengthen UAE-China trade

Partnership further supports UAE-China trade ties and the Belt and Road Initiative

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

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

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

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

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

Al Zeyoudi strengthens UAE-U.S. ties in technology, innovation with Silicon Valley visit

Meeting identifies potential partnerships in high-priority fields such as AI, machine learning and climate technology

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