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Delegates at the COP15 in Montreal signed the Kunming-Montreal Global Biodiversity Framework in the early hours of Monday — though not without dissenting voices, reports the Guardian. The once-in-a-decade agreement, which was signed by some 196 countries, has been four years in the making and vows to protect 30% of the planet’s oceans and lands […]
Author Archives: enterpriseam admin
Posted inYEAR IN REVIEW: HYDROGEN
2022 was a big year for hydrogen investments in MENA
It was an eventful year for hydrogen investments in MENA: From Oman’s setup of its state-owned Hydrogen Oman Company (Hydrom) and outlining a strategy to invest USD 140 bn in green hydrogen by 2050, to Egypt signing agreements totalling USD 83 bn for the development of nine green hydrogen projects in the country, to QatarEnergy […]
Posted inUncategorized
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Posted inON YOUR WAY OUT
Neom is repopulating the desert with oryx, ibex and gazelles
Four species of native wildlife return to Neom desert: Oryx, ibex, mountain gazelles and sand gazelles now roam the desert in Neom marking the first phase of a rewilding initiative in collaboration with the NationalCenter for Wildlife (NCW), according to a press release. The animals in Riyadh in late October and spent a period of […]
Posted inCALENDAR
DECEMBER 7-19 December (Wednesday-Monday): The UN’s 15th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP15), Montreal, Canada. 13-14 December (Tuesday-Wednesday): Seminar on EU standards for agri-food products for the Gulf Cooperation Council countries, Grand Millennium Business Bay Hotel, Dubai, UAE. 13-15 December (Tuesday-Thursday): International Renewable Energy Congress, Hammamet, Tunisia. […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Saudi to build direct air capture plant + Masdar wants to be part of PACE
Good morning, ladies and gents. We have to start our day with a big hat tip to Argentina, who took home the World Cup yesterday on penalties, beating France in what was a spectacularly thrilling final match of the championship in Qatar. Qatar also gets a big hat tip from us for truly pulling off […]
Posted inUncategorized
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Posted inUncategorized
Qatari energy company Nebras Power acquires 49% stake in Australian wind farm
The GCC Western renewables acquisitions continue: Doha-based energy and investment company Nebras Power acquired a 49% share in Gold Wind Australia’s USD 750 mn 312 MW Moorabool Wind Farm in Victoria, the Australian Financial Review reports. Deutsche Bank was the energy company’s advisor for the acquisition. About Moorabool: The wind farm — the continent’s sixth […]
Posted inM&A WATCH
ADQ is now the new owner of Abu Dhabi’s Tadweer
ADQ adds Tadweer to its portfolio: The Abu Dhabi government transferred its ownership of Abu Dhabi Waste Management (Tadweer) to sovereign wealth fund ADQ, according to a statement. The value of the transaction was not disclosed. Tadweer manages the waste of the Abu Dhabi emirate, reporting a production capacity of over 1 mn tons of […]
Posted inRECYCLING
Star Paper Mill, Kezad sign 50-year lease for paper recycling plant
Emirati tissue manufacturer Star Paper Mill will build a AED 200 mn recycled paper plant in Khalifa Economic Zones Abu Dhabi (Kezad), according to a statement. The company — in partnership with India’s RC Paper Machines — signed a 50-year land lease agreement with Kezad Group to manufacture recycled kraft paper jumbo reels, which is […]