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Author Archives: enterpriseam admin
Volvo’s electric SUV is landing in the UAE in 2024
Volvo EVs coming to the UAE in 2024: Swedish car manufacturer Volvo says it will be introducing the Volvo EX90 — a 7-seater EV SUV — in the Emirates through its UAE representative Al-Futtaim Automotive Group’s arm Trading Enterprises, Trade Arabia reports. Volvo is branding the EX90 as its safest car to date, the automaker […]
Jordan lands EUR 115 mn loan to boost water efficiency
Jordan receives loan to reduce water loss: Jordan signed a EUR 115 mn loan agreement with the German Development Bank on Monday to increase water efficiency in the King Abdullah Canal, according to a statement. The climate protection project will be implemented over three phases. USAID granted the Hashemite Kingdom USD 10.45 mn to improve […]
Dubai students launch waste management platform for biogas
UAE students tackle waste to make biogas: Three computer science undergrads at the Canadian University in Dubai created a smart bin and waste management platform they call Digi Bin in an effort to turn Emirati waste into biogas, The National reports. The platform aims to bring down the UAE’s whopping USD 6 bn bill of […]
DECEMBER 26-28 December (Monday-Wednesday): KSA’s International Conference on Water Resources and Arid Environments, Riyadh, Saudi Arabia. JANUARY 2023 10-12 January (Tuesday-Thursday): The Future Minerals Forum, Riyadh, Saudi Arabia. 12 January (Thursday): Business Transition to Net-Zero – the Path Towards a Successful Low-Carbon Future Forum, Bahrain. 13 January (Friday): The International Renewable Energy Agency’s Youth Forum, […]
TODAY: Saudi continues its Asia spree + A no-nonsense climate summit in 2023?
Good morning, friends, and welcome to a busy day for climate in our neck of the woods. We’ve got an accidental hydrogen issue for you today — let’s jump right in. THE BIG CLIMATE STORY- Neom signs financing agreements for green hydrogen plant: The Neom Green Hydrogen Company signed facility agreements with Saudi and international […]
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Neom to achieve financial close on USD 5 bn green hydrogen plant early 2023
Neom pens financing agreements for green hydrogen plant: The Neom Green Hydrogen Company (NGHC) signed facility agreements with Saudi and international banks, submitting a letter of intent to the Saudi Industrial Development Fund (SIDF) to secure the operating capital for Neom’s USD 5 bn green hydrogen project, according to a statement. Neom will achieve financial […]
Fuel cell research and development is getting a boost in KSA and South Korea
Saudi-Korean JV Fuel Cell Innovations (FCI) intends to invest USD 115 mn by 2027 to produce hydrogen fuel cell components at a plant in Korea’s Pohang Blue Valley National Industrial Complex, Korean daily the Korea Herald reports. The company recently announced that it would construct a new “gigafactory” in Pohang, targeting the production of 1 […]
UAE to supply Japan’s Kobe Steel with green aluminum
Nissan will get UAE solar-produced aluminum: UAE state-owned aluminum manufacturer Emirates Global Aluminium (EGA) inked an agreement with Japan’s Kobe Steel to supply solar-produced aluminum for automotive body sheets for Nissan, according to a statement. The body sheet will be used on Nissan’s car doors and bonnets. The financials of the agreement and amounts of […]