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Tag: UAE
• Regulators from MENA, Europe, Asia and the US met under closed door conditions to assess risks in the fast growing private credit sector.• Discussions focused on leverage, liquidity, retail...
• UAE commits $1 billion to restore and modernise Yemen’s power sector through solar, wind and grid projects.• Portfolio to be delivered by Abu Dhabi’s Global South Utilities, expanding generation...
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...
Standard Chartered has launched a Sustainable Escrow and Account Bank solution, expanding its suite of sustainable finance offerings and enabling clients to channel their funds into environmentally and socially responsible...
TA’ZIZ has awarded a $1.7 billion engineering, procurement, and construction (EPC) contract to SAMSUNG E&A to build the UAE’s first methanol production plant in Al Ruwais Industrial City, Al Dhafra...
Italy, Albania, and the United Arab Emirates (UAE) have signed a groundbreaking €1 billion ($1 billion) agreement to construct a subsea energy interconnection across the Adriatic Sea. This project will...
The United Arab Emirates (UAE) has announced an ambitious climate plan ahead of next week’s COP29 climate summit in Azerbaijan, becoming the first major emitter to submit updated Nationally Determined...
Under the directives of the UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi...
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...
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...
U.S. Secretary of Agriculture Tom Vilsack, co-host for the Agriculture Innovation Mission for Climate (AIM for Climate) Summit, announced during the Summit’s opening plenary that AIM for Climate partners from...
United Arab Emirates renewable energy company Masdar will publish its first green finance framework within weeks, enabling it to issue its first green bonds, its chief executive said on Thursday....
United Arab Emirates renewable energy company Masdar and Ethiopia have signed an agreement for the joint development of a solar project with a capacity of 500 megawatts, Ethiopia’s prime minister...
Emirati retail conglomerate Majid Al Futtaim said on Monday it had raised a $1.25 billion revolving credit facility linked to the company’s ESG goals. First Abu Dhabi Bank led the...
The presidents of the United Arab Emirates (UAE) and Egypt witnessed the signing of an agreement on Tuesday to develop one of the world’s largest onshore wind projects in Egypt,...
New financing and investments will add 100 gigawatts of clean energy globally by 2035 Focus to be on deployment and supply chains, nuclear energy, carbon and methane management and decarbonization...
The announcement came during a distinguished event on ‘Accelerating a just rural transition to sustainable agriculture for people, climate, and nature’ at COP26 (The Republic World) – The Minister of...
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