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Category: ESG Middle East
Saudi Arabia has taken a significant step in its climate strategy by inaugurating the country’s first Direct Air Capture (DAC) demonstration unit, located at the King Abdullah Petroleum Studies and...
Abu Dhabi has launched its first Climate Change Adaptation Plan for the Environment Sector (2025–2050), establishing a long-term, science-based strategy to build climate resilience across the emirate’s natural systems. Developed...
In the presence of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy, ACWA Power, the Water and Electricity Holding Company (Badeel), and Saudi Aramco Power Company...
Abu Dhabi Islamic Bank (ADIB) has mobilised AED 17.3 billion (USD 4.7 Billion) in sustainable finance as of year-end 2024—marking significant progress toward its AED 60 billion target by 2030....
Schneider Electric has launched its first Impact Building—a flagship smart facility in Dubai—under its new Impact Buildings Program, showcasing how digitalization and electrification can redefine sustainable commercial real estate. “We...
EMSTEEL, one of the region’s largest publicly traded steel and building materials manufacturers, has launched its first Green Finance Framework—a decisive move to align capital raising with its net-zero roadmap....
Saudi Arabia has made a significant move in the global green finance arena, issuing the first-ever euro-denominated green bond by a sovereign from the MENA region. The €1.5 billion ($1.6...
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s leading renewable energy firm, has signed two pivotal agreements with PT PLN (Persero), Indonesia’s state-owned electricity company, to significantly advance...
Saudi Aramco, in collaboration with Siemens Energy, launched the Kingdom’s first Direct Air Capture (DAC) test unit, capable of removing 12 tons of CO2 per year from the atmosphere. This...
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