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The bank lineup helping Emirates NBD Bank take its maiden green bond issuance to market: Emirates NBD has tapped Abu Dhabi Commercial Bank, BNP Paribas, Emirates NBD Capital, HSBC, ING and Standard Chartered Bank were named as joint leaders and bookrunners on its planned green bond sale, Reuters reports, citing a document it has seen. […]
Author Archives: enterpriseam admin
Posted inAGRITECH
KSA’s Red Sea is collaborating with Spain’s Armando Alvarez to manufacture recyclable greenhouse roofs for hot climates
Armando Alvarez + RedSea partner to manufacture recyclable greenhouse covers for hot climates: Saudi Arabia-based agricultural technology startup RedSea has partnered with Spain-based sustainable packaging giant Armando Alvarez Group (AAG) to jointly manufacture sustainable, heat-blocking greenhouse roofs for farming in hot climates, according to a company statement. The two signed an exclusive collaboration agreement which […]
Posted inSTARTUP WATCH
US’ Aqua Membranes earns top prize for desalination innovation in KSA
US water technology startup Aqua Membranes was awarded the grand prize of the Global Prize for Innovation in Desalination (GPID) in an award ceremony in Saudi Arabia’s Jeddah, organizers said in a statement on Sunday. The company was awarded the top prize for their project titled “Changing reverse osmosis through 3D printed spacers” during the […]
Posted inCLIMATE DIPLOMACY
Electric vehicle metals cooperation in the cards for KSA + China?
KSA and China to collab on metals for EVs: Saudi Deputy Minister of Industry and Mineral Resources for Mining Affairs Khalid bin Saleh Al-Mudaifer met with representatives from several Chinese businesses to discuss collaboration in mineral supply chains for various industries. The discussion centered on luring investments to the mining and processing of metals used […]
Posted inFROM THE CLIMATE STORE
Zeekr to sell EVs in four new MENA countries
Zeekr — a luxury EV brand by Chinese automotive manufacturer Geely — is expanding into four Middle East countries next year as it ramps up its global presence ahead of its planned US listing, Zeekr vice-president Chen-Yu said, according to the Financial Times. Zeekr will launch operations in Saudi Arabia, the UAE, Qatar, and Bahrain. […]
Posted inALSO ON OUR RADAR
A waste recycling factory by Taiwan’s Miniwiz is coming to the UAE next year
WASTE MANAGEMENT- Waste recycling plant in the UAE coming online next year 2024: Miniwiz is expected to begin operating its waste recycling factory in the UAE, which will turn waste into materials used for construction, in 2024, Miniwiz CEO and founder Arthur Huang said on Wednesday, according to Khaleej Times. “I see a lot of […]
Posted inAROUND THE WORLD
Proposed tariffs on imports for solar spells trouble for Europe
Europe’s solar industry says tariffs are a “lose-lose strategy”: Europe’s solar power industry is urging policymakers not to impose tariffs on imports amid concerns that disrupting supplies from China could hamper Europe’s efforts to install clean energy, Reuters reported on Monday. “Tariffs are not a good answer to the current challenges in the European solar […]
Posted inCLIMATE IN THE NEWS
Sweden’s Modvion seeks making the wind turbine industry greener
A Swedish startup could have the answer to making the wind turbine industry greener: Swedish engineering and industrial design startup Modvion is banking on wood to help make the wind turbine industry greener, possibly lowering its carbon footprint by over 90%, Bloomberg reported on Friday. The company is building a 40-ton tower out of wood […]
Posted inCALENDAR
OCTOBER 2023 2-5 October (Monday-Thursday): ADIPEC Decarbonization Accelerator, Abu Dhabi, UAE. 4 October (Wednesday): Arabia CSR Gala Awarding Ceremony, UAE. 4-5 October (Wednesday-Thursday): Future Sustainability Forum, Dubai, UAE. 9-10 October (Monday-Tuesday): Saudi Green Building Forum, Riyadh, Saudi Arabia. 10-11 October (Tuesday-Wednesday): Green Energy Africa Summit, Cape Town International Convention Centre 2, Cape Town, South Africa. […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: The UAE’s Blue Carbon is spending USD 1.5 bn in carbon offsets in Zimbabwe + The EU just rolled out the world’s first CO2 border tax
Good morning, ladies and gentlemen, and welcome to a busy start to the week in our corner of the climate world. We have a healthy serving of big news stories — plus a whole bunch of climate-related events kicking off today around the region. THE BIG CLIMATE STORY- Dubai-based offsetting company Blue Carbon signed an […]