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ESG Middle East
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Bank ABC Directs $2.8 B to Sustainable Finance with Strong Focus on Emerging Markets
September 2, 2025
Bank ABC has set a new high-water mark in sustainable finance, mobilizing US$2.8 billion in 2024, with almost nine out of ten dollars directed toward emerging markets. These funds are...
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Guest Post – Redefining the Cost of Clean Power: BlueSun International’s Breakthrough in Energy Transition
By Teti Rosanti, Global Environmental Writer In a development that could reshape ...
Qatar Expands Green Finance Strategy with First Sovereign Green Bonds
Qatar is accelerating its sustainable transformation by issuing its first sovereign green ...
Emerge, EDM Partner to Advance Solar Project Development and Financing in UAE
Emerge, the joint venture between Masdar and EDF Group, has signed a ...
Masdar’s Emerge and Misk City Sign 20-Year Solar Deal in Landmark Clean Energy Partnership
Emerge, a joint venture between Masdar and EDF power solutions, has signed ...
Climeworks, Saudi Energy Ministry Launch First DAC Unit in Riyadh to Accelerate Carbon Removal
Saudi Arabia has taken a significant step in its climate strategy by ...
More ESG Middle East Headlines
Bank ABC Directs $2.8 B to Sustainable Finance with Strong Focus on Emerging Markets
September 2, 2025
Bank ABC has set a new high-water mark in sustainable finance, mobilizing US$2.8 billion in 2024, with almost nine out of ten dollars directed toward emerging markets. These funds are...
Guest Post – Redefining the Cost of Clean Power: BlueSun International’s Breakthrough in Energy Transition
August 30, 2025
By Teti Rosanti, Global Environmental Writer In a development that could reshape the economics of global decarbonization, BlueSun International, a cleantech consortium headquartered in the United Arab Emirates and the United...
Qatar Expands Green Finance Strategy with First Sovereign Green Bonds
August 14, 2025
Qatar is accelerating its sustainable transformation by issuing its first sovereign green bonds and updating its sovereign green assets register, the Ministry of Finance confirmed. The $2.5bn green bond issuance...
Emerge, EDM Partner to Advance Solar Project Development and Financing in UAE
August 8, 2025
Emerge, the joint venture between Masdar and EDF Group, has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to accelerate the development and financing of distributed solar...
Masdar’s Emerge and Misk City Sign 20-Year Solar Deal in Landmark Clean Energy Partnership
July 30, 2025
Emerge, a joint venture between Masdar and EDF power solutions, has signed a 20-year solar energy agreement with Misk City to deliver clean electricity through a 621-kilowatt peak rooftop photovoltaic...
Climeworks, Saudi Energy Ministry Launch First DAC Unit in Riyadh to Accelerate Carbon Removal
July 28, 2025
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 Launches First Climate Adaptation Plan for Environment Sector to Protect Natural Resources Through 2050
July 25, 2025
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...
Saudi Arabia Commits $8.3 Billion to 15 GW Renewable Energy Projects by 2028
July 14, 2025
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...
ADIB Commits $4.7 B in Sustainable Finance and Sets 2030 Emissions Targets
July 7, 2025
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 Launches Low-Carbon Building Program, Cutting Emissions by 572 Tons in Dubai
May 26, 2025
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 Launches Green Finance Framework to Fund Low-Carbon Steel, Cement, and Renewable Energy Projects
May 9, 2025
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....
J.P. Morgan Leads Saudi Arabia’s First Euro Green Bond Deal, Raising €1.5B for Climate Projects
April 16, 2025
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...
Masdar Deepens Indonesia Partnership with PLN to Advance Net Zero Through Floating Solar
April 14, 2025
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...
Aramco Launches Saudi Arabia’s First CO₂ Direct Air Capture Test Unit with Siemens Energy
March 27, 2025
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...
EDF Renewables and Masdar Ink PPA to Power Soluna Data Center with Clean Energy
March 5, 2025
EDF Renewables North America and Abu Dhabi-based Masdar have signed a power purchase agreement (PPA) with Soluna Holdings, Inc. (NASDAQ: SLNH) to supply up to 166 megawatts (MW) of clean...
UAE’s Strategic Evolution in ESG Regulation: Insights from ADGM Leadership
February 25, 2025
In an ESG News exclusive interview with Lawrence Paramasivam, the Senior Executive Director of Policy & Legal at the FSRA during Abu Dhabi Finance Week (ADFW), highlighted UAE’s Strategic Evolution...
AIIB and Saudi Arabia Partner to Develop Sustainable Infrastructure Investment Program
February 17, 2025
The Asian Infrastructure Investment Bank (AIIB) and Saudi Arabia have signed a joint declaration of intent to advance sustainable infrastructure investments across the region. The agreement, formalized at the Conference...
Saudi’s First EV Company Ceer Secures $1.5B in Local Partnerships to Drive EV Growth
February 17, 2025
Ceer, Saudi Arabia’s first electric vehicle (EV) brand and Original Equipment Manufacturer (OEM), announced 11 new partnerships worth SAR 5.5 billion (USD 1.5 billion) at the 3rd PIF Public Sector...
DataVolt to Invest $5 Billion in NEOM’s First Net-Zero AI Data Center
February 12, 2025
NEOM & DataVolt partner for sustainable AI future NEOM and DataVolt have signed a landmark agreement to develop the first net-zero AI factory campus in Oxagon, northwest Saudi Arabia. The...
Ittihad Secures $450M Sustainability-Linked Credit Facility from UAE Banks
February 11, 2025
Abu Dhabi-based Ittihad International Investment has arranged a $450 million sustainability-linked RCF with local banks, bolstering its financial flexibility. The facility is backed by key financial institutions, with Emirates NBD,...
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