Available in your choice of English or Arabic
** SHARE ENTERPRISE CLIMATE WITH A FRIEND ** Don't let your friends miss out on Enterprise Climate. Point them to our subscription page here so they're up to date on the latest green economy news from MENA. Enterprise Climate is available without charge and delivered straight to your inbox Monday-Thursday at 6am UAE / 5am […]
The Dubai Electricity and Water Authority (Dewa) and the Dubai Municipality inked a 35-year power purchase agreement with the Dubai Waste Management Center, according to a statement (pdf). The energy purchased by the waste-to-energy center will be used to power the Warsan Wastewater Treatment Plant. Dewa also purchased the energy produced by the 132 Kv […]
Denmark’s Vestas advances wind turbine recycling efforts: Denmark-based wind turbine manufacturer Vestas says it has developed a chemical dissolvent capable of breaking down wind turbine blades in a bid to crack down on landfill waste levels, according to a company statement. Brussels-based wind energy advocacy group WindEurope previously estimated about 25k metric tons of blades […]
FEBRUARY 2023 21-23 February (Tuesday-Thursday): World Environment, Social and Governance (ESG) Summit, Dubai, UAE. MARCH 2023 7-9 March (Tuesday-Thursday: Middle East Energy Exhibition, Dubai World Trade Center, Dubai, UAE. 14-16 March (Tuesday-Thursday): Arab Aviation Summit (AAS), Al Hamra International Exhibition & Conference Centre, Ras al Khaimah, UAE. 15-19 March (Wednesday-Sunday): Qatar International Agricultural and Environmental […]
Good morning, friends, and welcome to another finance heavy day with some key updates from the UAE. Let’s jump right in. THE BIG CLIMATE STORY- The International Finance Corporation signed an agreement yesterday with state-owned Abu Dhabi Fund for Development to jointly co-invest USD 1.5 bn in the energy transition for emerging markets, while Dubai […]
IFC, Abu Dhabi Fund for Development agree to USD 1.5 bn co-investment in EM energy transition: The International Finance Corporation (IFC) signed an agreement yesterday with state-owned Abu Dhabi Fund for Development (ADFD) to jointly invest USD 1.5 bn in the energy transition for emerging markets, IFC Director General Makhtar Diop said, according to Reuters. […]
The Dubai Islamic Bank (DIB) raised USD 1 bn in its second green sukuk issuance, according to a statement. The 5.5-year notes were sold at 102.4 bps over five-year US treasuries with an annual return of 4.8%. This follows DIB’s maiden green bond issuance in November when the lender raised USD 740 mn. This is […]
Geely’s EV brand Zeekr raises USD 750 mn in fresh funding: Zeekr — Chinese automotive manufacturer Geely’s luxury EV brand — raised USD 750 mn in a series A funding round from five investors, according to a company statement. Zeekr is now valued at USD 13 bn, according to the statement. Who participated in the […]
Wind giants GE, Vestas and Siemens Gamesa racked up losses last year on the back of rising maintenance costs, Renew Economy Australia reports. Warranty provisions — compounded by supply chain risks, rising inflation and reduced power installations — dipped into the revenues of the wind behemoths, with forecasts for the coming year expected to fall […]
Queue
Climate (MENA) 
MENA+ Edition 
Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 