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Category: ESG Middle East
ADNOC and Fertiglobe, the strategic partnership between ADNOC and OCI Global, announced the pilot deployment of the world’s first cost-effective modular CycloneCC carbon capture unit at Fertiglobe’s 100% owned nitrogen...
The United Arab Emirates (UAE) has committed $4.5 billion to significantly scale up renewable energy development in Africa to 15 gigawatts (GW) by 2030. The initiative is the first of...
The COP28 UAE Presidency has launched its Water Agenda during World Water Week in Stockholm, which took place from August 20 to 24. COP28 announced its top priority areas, which include conserving and restoring freshwater...
A landmark new investment by IFC is aiming to boost access to finance for Türkiye’s SMEs–with a focus on women-owned smaller businesses and those helping the country adapt to climate...
Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. There was exceptionally strong appetite from regional and international investors with...
ADNOC, announced that it has begun construction on the Middle East’s first high-speed hydrogen refueling station. The station, which is being built in Masdar City by ADNOC, will create clean...
Turkey’s first and only carbon trading platform, Erguvan (erguvan.co), has offset the carbon emissions of airport operator TAV in Ankara, Izmir and Enfidha. TAV supported two Verra-licensed projects, one of the leading...
A new project approved by the Board of the World Bank will help increase the use of renewable energy in public facilities in Türkiye. The $549 million Public and Municipal Renewable...
NEOM Green Hydrogen Company (NGHC) announced that following signing financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on the world’s...
The United Arab Emirates’ COP28 president designate Sultan al-Jaber said on Wednesday the oil and gas industry should phase out its methane emissions by 2030 and that investment in technology...
GE announces that it has been selected by Ecogreen Energy to deliver its FLEXINVERTER Solar Power Station technology for the 130 MWp, 100 MWac Nigde Bor Solar power plant to be...
Marubeni Corporation signed a MOU with the Public Investment Fund (“PIF”), one of the world’s largest and most impactful sovereign wealth funds, to set out a framework for the development...
During the year, the EU bank committed €150 million in support for a large-scale urban regeneration project which aims to make Cypriot municipalities greener, boost the economy, and improve the...
JERA Co., Inc. has entered into a Memorandum of Understanding with Abu Dhabi National Energy Company P.J.S.C. (“TAQA”), one of the largest listed integrated utilities in the Middle East, that...
Dubai Islamic Bank, the biggest Islamic lender in the United Arab Emirates, is set to raise $1 billion from a sale of long five-year sustainable sukuk, a bank document showed...
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