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KSA’s Industry and Mineral Resources Ministry (MIM) launched the pre-qualification stage for five mining exploration sites in the kingdom, according to a statement. The sites are rich in a variety of minerals including gold, copper, zinc, and lead, the statement notes. The qualification stage will be followed by a proposal stage where international bidders will […]
Scientists are exploring if scattering moondust or deviating sunlight can help cool the Earth and mitigate the effects of global warming, according to two separate studies by the Center for Astrophysics | Harvard & Smithsonian and the University of Utah and The Degrees Initiative. Chemo for global warming: Nonprofit research organization The Degrees Initiative is […]
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, wonderful people. We’re back from the weekend with a packed issue full of regional updates in green finance, renewables projects, and a couple of M&A transactions to round it all out. THE BIG CLIMATE STORY- It’s been a busy week for Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, having completed both […]
KSA’s PIF completes second green bond issuance of USD 5.5 bn: KSA’s sovereign wealth fund, the Public Investment Fund (PIF), sold USD 5.5 bn of green bonds in its second issuance of the debt instruments, according to a SPA statement published last week. The funds will be used to finance or refinance green investments — […]
The UAE’s Al Fattan Energy signed an agreement with South Korea’s LTechUVC to build a USD 400 mn, 200 MW green hydrogen and ammonia facility, according to a report by Khaleej Times released last week. The project, the agreement for which was signed last month, will be built in the Kezad industrial complex, the outlet […]
US-based wastewater treatment company Gradiant has acquired Dubai-based water treatment firm Advanced Watertek, according to a statement picked up by Bloomberg last week. The financial details were not disclosed in the statement. Gradiant wants to roll out cleantech in MENA: The company will set up a center ofmanufacturing excellence at Advanced Watertek’s 18k square foot […]
KSA’s sovereign wealth fund, the Public Investment Fund (PIF), has closed the acquisition of a 30% stake in Saudi Tabreed through a private placement that was first announced in December, it confirmed in a statement yesterday. Saudi Tabreed is the Saudi arm of DFM-listed National Central Cooling Company Tabreed. The stake PIF acquired was estimated […]
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