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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Energy
UAE-U.S. clean energy partnership aims to mobilize $100 billion by 2035
Abu Dhabi’s Masdar targets a clean energy portfolio of 25GW in the U.S. over the next decade
Banking & Finance
Abu Dhabi’s TAQA Group posts revenue of $3.9 billion for Q1 2025, up 3.8 percent YoY
The group faced a decline in EBITDA, which fell by 6.7 percent to $1.4 billion
Banking & Finance
Dubai Electricity & Water Authority (DEWA) revenue climbs 2.8 percent YoY to $1.6 billion
Company posted $135.5 million in net profit during the quarter
Logistics
Ras Al Khaimah Airport becomes first in Asia to launch breakthrough thermodynamic energy system for sustainable aviation
RAK Airport Authorities have prioritized sustainability and energy management throughout all phases of the airport’s development
Logistics
Abu Dhabi targets 400 locations for 1,000 new EV charging stations
Project supports clean mobility, reinforcing the emirate’s commitment to carbon neutrality by 2050
Energy
Abu Dhabi’s EMSTEEL launches green finance drive to cut emissions by 40 percent by 2030, supported by ING and FAB
Framework empowers company to issue green bonds and allocate proceeds to low-carbon projects
Sustainability
Environment Agency – Abu Dhabi (EAD) recovers more than 2,000 tons of bottles since launching Bottle Return Scheme
Collaboration with Sparklo led to the collection of 23 million recyclables in just one year
Industry
World Utilities Congress 2025 to bring together global sector leaders in Abu Dhabi to tackle industry challenges
The congress will focus on integrating renewable energy sources and enhancing grid resilience in utilities
Oman
Oman strengthens clean energy push with $565 million solar manufacturing facility
The project will deliver an annual production capacity of 6 gigawatts of solar cells by 2026
Logistics
Abu Dhabi sees 81 percent rise in EVs with 10,013 registered
The emirate expanded public charging stations to 313 amid surging EV demand
Logistics
UAE launches new initiative to enhance EV charging experience for drivers
Initiative aims to cut over 100,000 tons of CO₂ by 2030, supporting a low-emission future
Op-eds
Earth Day: Powering the UAE’s growth sustainably – A balancing act for utilities
The event underscores the vital role governments and organizations play in driving meaningful, lasting change for our planet’s future
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