Tag: UAE

    A new energy future fueled by Emirati and Israeli peace

    It was a year and one month ago when first media reports of an emerging normalization agreement between Israel and the United Arab Emirates appeared. The Israel-UAE normalization agreement, was initially agreed to in a joint statement by the United States, Israel and the UAE more than a year ago, on August 13, 2020, officially […]

    Abu Dhabi to build ultra-modern research vessel to protect marine life

    The Abu Dhabi government is building the most advanced research vessel in the Middle East to boost efforts to protect marine life in the emirate. The Abu Dhabi Environmental Protection Agency (EAD) said the state-of-the-art boat would allow the previously uncharted waters of the Arabian Gulf to be explored at a depth of at least […]

    UAE’s largest retailer Majid Al Futtaim secures first ESG loan of $1.5bn as a part of its sustainability strategy

    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 […]

    UAE sets new climate standard for Gulf with goal of net-zero carbon dioxide emissions
    04 Sep 2021

    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 […]

    How city planners save urban dwellers from the heat

    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 […]

    Smart sustainability: How Bee’ah is evolving to Tesla trucks, clean energy, and a space-age HQ
    01 Sep 2021

    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 achieves 25pc emission reduction
    01 Sep 2021

    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 […]

    UAE firms unveil plan to produce region’s first ‘green steel’
    31 Aug 2021

    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 […]

    UAE to build one of the world’s largest $1.1bn waste-to-energy plants

    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 […]

    UAE’s Masdar secures financing for Indonesia’s first floating solar plant
    26 Aug 2021

    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, […]