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JUNE 2023 5-15 June (Monday-Thursday): Bonn Climate Change Conference, Bonn, Germany. 5-8 June (Monday-Thursday): IDEA2023, Chicago, US. 8 June (Thursday): Envirotec and Energie Expo, Tunis, Tunisia. 11-12 June (Sunday-Monday): Arab-Chinese Business Conference, Riyadh, Saudi Arabia. 12-15 June (Monday-Thursday): Saudi Plastics & Petrochem, Riyadh, KSA. 13-14 June (Tuesday- Wednesday): The Arab Green Summit, Dubai, UAE. 13-14 […]
Author Archives: enterpriseam admin
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Qatar has its own EV brand + The Commercial Bank of Dubai is lining up a green bond issuance
Good morning, wonderful people. The new cycle has slowed once more, but there are a couple of stories making waves in the region. THE BIG CLIMATE STORY- Qatar’s smart transport company EcoTransit has launched Vim, the country’s first electric vehicle brand, and the Commercial Bank of Dubai has hired banks to arrange its inaugural USD-denominated […]
Posted inUncategorized
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Posted inELECTRIC VEHICLES
Qatar’s EcoTransit launches the country’s first electric vehicle brand
Qatar’s smart transport company EcoTransit has launched Vim, the country’s first electric vehicle brand, QNA reports. The EV brand — which will be exclusive Qatari intellectual property — already has several preliminary designs, according to QNA. A five-door and five-seater SUV VIM VX 50 with a battery size of 72 kWh and a four-door and […]
Posted inDEBT WATCH
Commercial Bank of Dubai eyes debut USD-denominated green bonds issuance
Another day, another UAE green bond issuance: The Commercial Bank of Dubai (CBD) has hired banks to arrange its inaugural USD-denominated green bond issuance, Reuters reports, citing a bank document it has seen. A five-year benchmark-sized issuance — usually set at a minimum USD 500 mn — will follow, subject to market conditions, according to […]
Posted inUncategorized
Posted inGREEN HYDROGEN
Project update: Amnah Consortium will invest USD 6 bn in recently awarded Oman green hydrogen project
Amnah-led consortium to invest USD 6 bn in Oman green hydrogen facility: Amnah Group — a consortium comprising Copenhagen Infrastructure Partners (CIP), Blue Power Partners (BPP), and Al Khadra — will invest c. USD 6 bn in a green hydrogen facility in Oman, according to a statement. The timeline for the project’s operational launch has […]
Posted inCARBON CAPTURE
Carbon capture and storage investments are gaining traction regionally
Regional investment in CCUS is picking up: The recent conclusion of CarbonCapture, Utilization and Storage (CCUS) Forum hosted by Qatar in Lusail City marked an increased interest in CCUS investments and new tech as the public and private sector look for new ways to reach decarbonization targets. COP28 President-Designate Sultan Al Jaber’s call to reduce […]
Posted inFROM THE CLIMATE STORE
The world’s fastest electric car to hit UAE roads in 2024
The fastest electric car in the world, the Rimac Nevera, will be available in the UAE market starting 2024, The National reports. Local distributor Al Habtoor Motors is currently offering sales visits to prospective buyers of the USD 2.2 mn car, the outlet adds. The Nevera set 23 performance records last month, including hitting 400 […]
Posted inCLIMATE IN THE NEWS
Is transition finance the next big trend in climate financing?
Transition finance is emerging as a top trend for hard-to-abate industries looking to slash emissions and improve energy efficiency, Bloomberg reports. Transition finance emerged on the scene on the back of concerns by banks and investors about greenhouse gas emissions from businesses they finance. These concerns have made companies in highly-polluting industries unable to access […]