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‧Sohar Port Embarks on Clean-Energy Shift for Container Ships
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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‧FAB’s $750 Million ESG Bond Overwhelms Global Investors
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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‧Green Finance Anchors Dubai’s Green Economy Summit
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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‧UAE’s Solar Surge Fuels Global Clean-Energy Drive
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 Takes Full Control of Water Technologies Subsidiary
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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‧Plastic Treaty Talks Stall in Geneva as Deadlock Deepens
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 to Host CARE MENA Expo Driving Climate-Tech Partnerships
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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‧TAQA Expands Global Water Footprint with GS Inima Acquisition
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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‧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…
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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 …
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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…
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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…
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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…
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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…
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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 …
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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…
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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…
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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…
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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 …
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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…