Retail giant Majid Al Futtaim (MAF) secured its first sustainability-linked loan with a value of 5.51 billion dirhams ($1.5 billion), said in a statement on August 31. The UAE-based retailer said the loan is part of its sustainability strategy, as it aims to facilitate and support environmentally and socially sustainable economic activity and growth. “The […]
The UAE could become the first Gulf state to set a net-zero goal, raising questions over emissions of fossil fuels produced to power the global economy, Al-Monitor states. The United Arab Emirates (UAE) is considering setting a net-zero goal, people familiar with the discussions told Bloomberg. If the federation of seven sheikhdoms and nearly 10 […]
Global temperatures are rising, and 2020 is the hottest year on record. Since the 19th century, the planet has warmed by more than one degree Celsius, which is especially noticeable now in large cities. In a built environment that is too often made of glass, steel, asphalt, and concrete, hazardous urban heat islands increase the […]
Sharjah’s homegrown success Bee’ah is evolving for a new sustainable age by becoming a digitally-focused sustainability company, with Tesla trucks and an AI-powered headquarters inspired from science fiction stories using the very latest in technology. This is the main statement of Bee’ah Group CEO HE Khaled Al Huraimel, published by Arabian Business. There is an […]
Mubadala Petroleum has recorded a 25% reduction in Greenhouse Gas emissions over the last three years due to a targeted strategy that embeds its footprint as a responsible, affordable, and long-term energy provider. Publishing its 2020 Annual Sustainability Report, which details the company’s approach and impact on crucial Environment, Social, and Governance (ESG) parameters across […]
Abu Dhabi National Energy Company, better known as TAQA, has announced a partnership with Emirates Steel to develop a large-scale green hydrogen project enabling the first green steel produced in the MENA region. Under the agreement, TAQA and Emirates Steel will consider utilising green hydrogen to optimise clean steel production level, Arabian Business reports. The […]
Bee’ah, the company managing Sharjah’s waste, says it will create green spaces and install a 120-megawatt solar-power facility on top, as well as produce hydrogen from the garbage to fuel its rubbish trucks. The United Arab Emirates is building one of the world’s largest waste-to-energy plants to deal with its growing trash load, Arabian Business […]
Abu Dhabi-based clean energy major Masdar and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, have announced the financial close on the Cirata floating photovoltaic power plant project, Arabian Business reports. Financing for the project – Indonesia’s first floating solar power plant – was arranged through Sumitomo Mitsui Banking Corporation, Societe Generale, […]
The world’s deepest swimming pool for diving, Deep Dive Dubai, is all set to throw open its doors to the public from July 28. Deep Dive Dubai announces that public bookings are now open online at deepdivedubai.com Located in Dubai’s Nad Al Sheba, the pool at Deep Dive Dubai extends to a “breathtaking” depth of […]
Let’s look at the Dubai nature conservation efforts from the point of view of The Guardian. Its journalist states that the One Million Trees initiative went in not such a brilliant way as it could be. It all began so beautifully, with the ruler of Dubai photographed planting the first tree of his ambitious environmental […]
