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Labels: Syndication

Masdar's Growth Backed by Abu Dhabi's Financial Support

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Masdar's Growth Backed by Abu Dhabi's Financial Support

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…

US leads the charge in Saudi Arabia’s greenfield investments

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US leads the charge in Saudi Arabia’s greenfield investments

The United States has solidified its position as the leading source of greenfield foreign direct investment in Saudi Arabia during the first half of 2025, with American companies backing 61 projects worth a total of $2.7 billion. This surge in American investments marks a …

Suqia's Global Impact Through Sustainable Water Initiatives

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Suqia's Global Impact Through Sustainable Water Initiatives

Suqia, the UAE’s national water charity, continues to solidify its global humanitarian efforts, reaching nearly one million people in Tanzania with clean drinking water. In partnership with the Emirates Red Crescent and backed by a grant from HH Sheikh Mohammed bin Rashid A…

Acwa Power Secures $1.9 Billion Capital Boost

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Acwa Power Secures $1.9 Billion Capital Boost

SNB Capital has successfully facilitated the completion of a significant SAR7.1 billion capital increase for Acwa Power, a leading Saudi developer, investor, and operator of power generation and desalination plants. The deal, executed through a rights issue on the Saudi Ex…

Oman Data Park’s Solar-Powered Data Centre Breakthrough

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Oman Data Park’s Solar-Powered Data Centre Breakthrough

Oman Data Park has formed a strategic alliance with Solar Wadi to establish the Sultanate’s inaugural green energy data centre, powered by solar generation. The collaboration marks a significant step in aligning ODP’s technological infrastructure with Oman’s net-zero ambit…

UAE and Senegal Forge Strategic Water Investment Alliance in Africa

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UAE and Senegal Forge Strategic Water Investment Alliance in Africa

The United Arab Emirates and Senegal have formalised a significant partnership aimed at addressing Africa's escalating water and sanitation challenges. This collaboration, announced during the 2025 UN Ocean Conference, underscores a shared commitment to sustainable wat…

Desert Group to Showcase Sustainability at ME Expo 2025

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Desert Group to Showcase Sustainability at ME Expo 2025

Desert Group, a prominent name in sustainable infrastructure and landscaping, is preparing to unveil its latest innovations in green urban solutions at Myplant & Garden Middle East 2025. The prestigious event will be held this November at Expo City Dubai, gathering key …

Major UAE Power Move Anchored in Carbon-Capture Ready CCGT

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Major UAE Power Move Anchored in Carbon-Capture Ready CCGT

Emirates Water & Electricity Company has formally invited bids for a new combined-cycle gas turbine power plant—dubbed Taweelah C—designed to be carbon-capture ready. The facility, to be located within the Al Taweelah Power and Desalination Complex around 50 kilometre…

Emerge and EDB to Boost Solar Energy Development in UAE

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Emerge and EDB to Boost Solar Energy Development in UAE

Emerge, a joint venture between Masdar and the EDF Group, has entered into a strategic partnership with Emirates Development Bank to explore collaborative opportunities in the development and financing of distributed solar projects across the UAE. This partnership comes at…

ACWA Power Secures Major Solar Projects in Morocco

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ACWA Power Secures Major Solar Projects in Morocco

ACWA Power, a Saudi-listed leader in the global energy transition, has secured the Noor Midelt 2 and Noor Midelt 3 solar projects in Morocco. The projects were awarded following an international tender process facilitated by the Moroccan Agency for Sustainable Energy. These…

AI Transforming Carbon Markets with Enhanced Efficiency

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AI Transforming Carbon Markets with Enhanced Efficiency

The Future Investment Initiative Institute, in collaboration with Saudi oil giant Aramco and global consultancy firm Arthur D. Little, has released a comprehensive white paper focused on leveraging artificial intelligence to revolutionise the voluntary carbon market. The …

Middle East economy could gain $232 billion by 2035 through AI and climate action

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Middle East economy could gain $232 billion by 2035 through AI and climate action

RIYADH: Strategic adoption of artificial intelligence and climate resilience measures could contribute an additional $232 billion to the Middle East's economy by 2035, according to a report by PwC. The professional services firm highlights that AI-driven productivity i…

Saudi’s ACWA Power Paves Highway for Green Energy Exports

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Saudi’s ACWA Power Paves Highway for Green Energy Exports

ACWA Power has forged multi-party preliminary agreements with European energy giants to assess exporting renewable energy and green hydrogen from Saudi Arabia to Europe via the India–Middle East–Europe Economic Corridor. The accords aim to explore large-scale project feasib…

Tadweer Takes Full Control of Sharjah Energy Plant

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Tadweer Takes Full Control of Sharjah Energy Plant

Masdar has completed the sale of its equity stake in the Sharjah Waste-to-Energy plant to Tadweer Group, consolidating the latter’s position as a primary stakeholder alongside BEEAH in the Emirates Waste-to-Energy company. The strategic divestment marks a key reconfiguratio…

du Sets Benchmark with Global Sustainability Certification

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du Sets Benchmark with Global Sustainability Certification

Telecom operator du has secured ISO 20400 certification, becoming the first telecom provider in the UAE and the second in the Gulf Cooperation Council region to attain the globally recognised standard for sustainable procurement. The certification underscores the company’s…

UAE Air Pollution Reduction Could Unleash $596 Million in Annual Savings

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UAE Air Pollution Reduction Could Unleash $596 Million in Annual Savings

UAE health and finance leaders have been urged to expedite air quality improvements, with a new report estimating annual savings of $596 million if pollution levels align with World Health Organization guidelines. The projected gains stem from fewer hospital admissions, dro…

Morocco Advances Digital Sovereignty with 500 MW Green Data Hub

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Morocco Advances Digital Sovereignty with 500 MW Green Data Hub

Morocco is embarking on an ambitious project to construct a 500 megawatt data centre powered entirely by renewable energy in Dakhla, Western Sahara, according to digital transition minister Amal El Fallah Seghrouchni. The facility aims to bolster the protection and localisa…

Abu Dhabi’s Masdar and Iberdrola Back £5 Billion UK Offshore Wind Venture

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Abu Dhabi’s Masdar and Iberdrola Back £5 Billion UK Offshore Wind Venture

Abu Dhabi’s renewable energy developer Masdar and Spanish energy giant Iberdrola have announced a joint investment totalling €5.2 billion in the UK’s 1.4 GW East Anglia Three offshore windfarm. The project, located around 69 km off the Suffolk coast, will be equally co-own…

AURAK Leads UAE Universities in Eco‑Performance

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AURAK Leads UAE Universities in Eco‑Performance

The American University of Ras Al Khaimah has emerged as the top performer among universities in the United Arab Emirates, recording the lowest greenhouse gas emissions under its five‑year Sustainability Action Plan. Spanning 1.3 million‑1.6 million sq ft, the campus integ…

Most Vulnerable Nations Bear Brunt Amid Slumping Climate Finance

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Most Vulnerable Nations Bear Brunt Amid Slumping Climate Finance

A newly released global analysis reveals that funding for climate adaptation in the world’s most hazard-prone nations has dropped sharply, leaving them dangerously exposed to floods, heatwaves and storms. The Climate Risk Index 2025, based on data spanning 1993 to 2022 fro…