Key Impact Points: Saudi Arabia’s Ministry of Environment, Water, and Agriculture has secured SAR 37 billion ($9.8 billion) in private investments to advance the kingdom’s agriculture and food sectors. These...
Key Impact Points: The Saudi Power Procurement Company (SPPC) has shortlisted major global players, including Masdar, EDF, and TotalEnergies, for the fifth round of solar projects under the National Renewable...
Key Impact Points: Why it matters: With sustainability becoming a global priority, Oliver Wyman has strengthened its Climate & Sustainability practice in the Middle East, India, and Africa by appointing...
Key Impact Points: Middle East Sustainable Bond Market Overview According to the S&P Global Ratings Sustainability Insights: Middle East Sustainable Bond Issuance Trends Report, Middle East sustainable bond issuance reached...
Key Impact Points: ADNOC has completed the acquisition of OCI Global’s majority stake in Fertiglobe, increasing its ownership to 86.2%. The remaining 13.8% of shares will continue to trade freely...
Key Impact Points: Saudi Arabia has completed the first hydrogen train test in the Middle East, according to Dr. Bashar Al-Malik, CEO of the Saudi Railway Company. “This project is...
Meet the sustainability champions making the Middle East a blueprint for green practices Forbes Middle East has released its second annual list of the region’s sustainability leaders, recognizing the trailblazers...
Significant Investment in Sustainable Projects The Public Investment Fund (PIF) of Saudi Arabia has identified a capital expenditure requirement of $19.4 billion for its eligible green projects, with $5.2 billion...
Key Impact Points: National Finance, Oman’s leading finance company, has partnered with the Environment Society of Oman (ESO) to launch the innovative Green Campus Educational Initiative. This program aims to...
In the video discussion between Jay Sadiq, CEO of FortyGuard, and Matt Bird, CEO of ESG News, Sadiq highlighted how FortyGuard’s hyper-local AI temperature data can be an invaluable tool...
UAE’s Climate Ambition The United Arab Emirates plans to release its new national climate plan under the Paris Agreement ahead of the COP29 climate summit in November, setting a precedent...
Masdar, Abu Dhabi’s clean energy leader, announced plans to acquire Saeta Yield from Brookfield Renewable for an enterprise value of $1.4 billion. The deal strengthens Masdar’s position in Spain and...
The UAE continues to make significant strides in clean energy investments, with total investments exceeding $12 billion (AED 45 billion), according to Suhail bin Mohammed Al Mazrouei, Minister of Energy...
Nasdaq Dubai has welcomed a $400 million Green Bond issued by the Bank of China (Dubai Branch), part of the bank’s $40 billion Medium Term Note Programme. The bond, rated...
The Abu Dhabi Department of Energy (DoE) is taking significant steps to foster a culture of sustainability among the younger generation in Abu Dhabi. By launching a series of initiatives,...
The Potential of AI in UAE Investment in Artificial Intelligence (AI) is poised to significantly boost the UAE’s economy, potentially adding an extra Dh335 billion ($91.28 billion) by 2031. This...
Egypt’s Ministry of Electricity and Renewable Energy has approved a $900 million bid from the Abu Dhabi Future Energy Company (Masdar) to develop solar power plants in Upper Egypt, including...
The Ministry of Energy and Infrastructure (MoEI) and the Ras Al Khaimah Petroleum Authority (RAKPA) have signed a Memorandum of Understanding (MoU) to strengthen their collaboration on sustainable energy initiatives...
Qatar’s renewable energy efforts are ramping up with the launch of the ‘BeSolar’ service by the Qatar General Electricity and Water Corporation (Kahramaa). This new initiative is a significant step...