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‧First Abu Dhabi Bank has launched its second blue bond, raising USD 20 million through a three-year issuance, to support marine conservation, wastewater recycling and renewable-powered desalination in Abu Dhabi and Al Ain. With this issuance, FAB’s cumulative blue bond vo…
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‧A global analysis commissioned by Transport & Environment and conducted by Cerulogy reveals that biofuels now generate 16 percent more carbon dioxide emissions than the fossil fuels they are intended to replace. The finding throws into sharp relief the risks of scaling …
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‧Mubadala Energy achieved a 36.5 per cent drop in its Scope 1 and 2 greenhouse gas emissions in 2024, the company’s newly published Sustainability Report reveals, underscoring the firm’s accelerating role in the energy transition. The decline was complemented by a sharp 55 p…
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‧Saudi Arabia’s Public Investment Fund has mandated Crédit Agricole CIB, JPMorgan and Société Générale to arrange a dual-tranche, euro-denominated green bond issue in three- and seven-year maturities, sources close to the matter said. This marks the fund’s inaugural euro gre…
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‧Gulf Cooperation Council nations captured only about $24 billion in green foreign direct investment out of more than $1 trillion globally between 2020 and 2024, even though six of the ten least expensive solar-power projects worldwide are hosted in the GCC, a Strategy& …
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‧QatarEnergy has awarded Samsung C\&T’s Engineering & Construction Group the contract to build a mammoth solar power facility in Dukhan, around 80 km west of Doha. The plant will deliver 2,000 MW in two phases by mid-2029. Phase one will supply 1,000 MW to the Kahr…
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‧African leaders have set a target of mobilising US$50 billion annually to fund a new continental climate solutions initiative unveiled at the second Africa Climate Summit in Addis Ababa. The initiative, led by Prime Minister Abiy Ahmed of Ethiopia, aims to deliver 1,000 cli…
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‧Australian Retirement Trust, the nation’s second-largest pension fund, has committed almost A$1 billion to the Macquarie Green Energy and Climate Opportunities Fund, aiming to scale up its sustainable investing strategy. The sum is among ART’s first substantial investments …
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‧Construction on the expansive NEOM green hydrogen development has passed the eighty-percent mark at the outset of the first quarter of 2025, the NEOM Green Hydrogen Company has confirmed. This achievement spans the green hydrogen plant itself, the wind garden, the solar fa…
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‧Sobha Realty has achieved a milestone with its largest-ever issuance of a $750 million green sukuk, marking the highest such issuance by any real estate developer globally. The five-year Islamic bond, issued under a $1.5 billion Trust Certificate Issuance Programme, attract…
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‧Gulf Cooperation Council countries recorded a clear rise in their overall Circular Carbon Economy Index score, posting 41.5 in 2024, up from 37.7 in 2023, according to data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf. The …
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‧SOHAR Port and Freezone has inked an agreement with MoonRock and the Danish firm PowerCon to install shore power infrastructure at its container terminal, enabling berthed vessels to plug into onshore electricity and switch off their auxiliary engines—cutting emissions, fue…
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‧First Abu Dhabi Bank has priced a US-dollar denominated, five-year low-carbon energy bond of $750 million at Treasuries plus 65 basis points, following an order book that exceeded $2.3 billion, excluding joint-lead manager interest. The issuance is rated Aa3 by Moody’s, AA-…
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‧Dubai is gearing up to host the 11th World Green Economy Summit on 1–2 October 2025 at the Dubai World Trade Centre, where green finance will sit at the forefront of global climate discussions. Under the theme 'Innovating for Impact: Accelerating the Future of the Gree…
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‧The United Arab Emirates is elevating its contribution to the global clean‑energy shift through an ambitious expansion of solar generation capacity, backed by major state and private entities, spanning domestic projects and international initiatives. Domestically, the Al D…
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‧Veolia has moved to acquire the remaining 30 per cent stake in its Water Technologies and Solutions subsidiary from CDPQ, in a deal valued at around US$1.75 billion, positioning the company for greater strategic agility and cost-efficiency. The transaction is expected to b…
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‧Negotiations in Geneva over a global plastics treaty collapsed amid sharp disagreement on key issues, leaving hopes of a legally binding agreement in limbo. Delegates from 183 countries failed to reach consensus, marking a second missed opportunity to finalise the world’s f…
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‧Dubai’s Madinat Jumeirah is set to welcome the climate and sustainability community on 26 and 27 November 2025 as it hosts the MENA edition of CARE—Climate Action & Renewable Energy Expo. The B2B summit offers a platform for governments, tech innovators, financiers and …
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‧Abu Dhabi National Energy Company has secured a deal to acquire GS Inima, a major player in water treatment and desalination services, from GS Engineering & Construction. The agreement, valued at US$1.2 billion, will grant TAQA full ownership of GS Inima and propel the…
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‧Abu Dhabi Future Energy Company is poised to receive continued backing from the local government to fuel its expansion in the energy sector. As part of an ongoing commitment to achieve its ambitious target of 100 gigawatts in renewable energy capacity, the Abu Dhabi gover…